In what could be good news for graduates seeking quantity surveying or risk management jobs, professional services firm Deloitte is moving into the construction industry by opening a cost consultancy business within its real estate practice.
The business will provide cost planning, cost management, value management and risk management for their clients (who typically will be organisations looking to initiate a building project, most commonly property developers and the public sector). Deloitte has also stated that they will look to call on the sustainability and tax expertise of other divisions within their business to augment their advice.
Claire Faulkner, partner and head of the Deloitte real estate practice, said: ‘This adds to our unique position allowing us to provide an integrated and independent offer combining real estate knowledge, tax, finance and structuring advice to UK and international clients.’
Neill Morrison, who will be heading up the cost consultancy team at Deloitte, said: ‘As part of the Deloitte family, we enjoy a much closer relationship with our clients and we can help shape their real estate strategies by demonstrating the life-cycle costs of a property portfolio, not just construction spend.’
Thus, it seems clear that Deloitte hopes to offer an all-in-one service to recruiters, building upon the client relationships they already have and stressing the efficiency of such an arrangement. If clients go for it, it could be a real threat to those surveying firms which are already struggling for a competitive edge in a squeezed market.
Deloitte’s cost consultancy team is at present staffed by a team of ten experienced professionals. However, the firm has a strong history of graduate recruitment so, if this business takes off, there could well be job opportunities for graduates.
Source: Targetjobs.co.uk, Monday 20th June 2011
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