DALLEAZIENDE

BEAR Project ManagementAl Vostro servizio nei progetti nel retail

Since its inception in 2001, the independent consulting compa-ny BEAR Project Management srl has operated with a singlegoal: to offer complete project management consultancy servicesin the Italian real estate industry. Company CEO StevenScamihorn AIA MRICS, a Californian architect with nearly adecade and a half of direct European experience, explains thediverse ways the company assists its Retail Clients in particular.BEAR Project Management offers a full range of technical serv-ices to retail developers and investors, each aimed at bringing sig-nificant benefits to users, owners and organisations. Examples ofthe variety of services include project monitoring, technical duediligence and full project management.

Pradera Retail Fund trusts the BEAR P.M. ProjectManagement Due Diligence Team to provide technical due dili-gence on all recent potential acquisitions in Italy. These up-front,in-depth studies of a facility are a valuable tool for the investor’sfinancial risk analysis. Results are presented in detailed reports tothe client, complete evaluations are made regarding the status andrelated risks in construction quality, design specifications, munic-ipal requirements and code conformance. Arch. Edwing Alvarez,Pradera’s Senior Project Manager says, “Since 2006,PRADERA has relied on BEARPM services, which have notablycontributed to the achievement of our investment goals in theretail sector.We could not ask for a more precise, reliable partner.”

BEAR P.M. currently provides Project Monitoring services forRoyal Bank of Scotland’s financing of the Fidenza Outlet Village,keeping a close watch over all the technical activities on site dur-ing the construction of the second phase of this open-air centre.BEAR P.M. regularly reports on the construction quality andprogress, as well as checks and approves all requests for payments.

BEAR P.M. was engaged to provide complete project manage-ment consultancy for the renovation and expansion of the

Carosello shopping centre inCarugate (MI) Italy. With theseservices BEAR P.M. assists theClient in establishing and reach-ing clear project objectives, coordi-nating team efforts to programcosts, timing, and design-construc-tion quality and, of course, over-seeing, coordinating and control-ling the entire design and buildingprocess.

BEAR Project Management is aninvaluable partner for any investoroperating in Italy looking to pro-tect its real estate assets. BEARP.M. covers an essential role, a true“watchdog” present during allstages of the project.

RE Retail • 15

BEAR Progect ManagementAt Your Servece for the RETAIL PROJECTS