Development partnership for UK property owners

Turn development potential into a completed asset.

MRKHD acts as the Development Principal for owners who want to unlock redevelopment value without building an in-house development team. One accountable interface coordinates the professional team, procurement, programme, reporting and route to completion.

Confidential initial discussion. No obligation to proceed.

The proposition

One development counterpart. Specialist delivery underneath.

Owners should not have to personally coordinate every consultant, contractor and decision. MRKHD keeps the development picture connected and gives the owner one principal reporting line.

01

Development Principal

MRKHD acts as the central owner-side counterpart, maintaining responsibility for coordination, progress visibility and the overall route to delivery.

02

Professional Team

Architects, planners, quantity surveyors, engineers, solicitors and other specialists are appointed for the technical work their disciplines require.

03

Contractor Procurement

Appropriately experienced main contractors can be competitively procured for the scale, risk profile and delivery requirements of the scheme.

04

Owner Reporting

Programme, cost position, planning, procurement, construction progress, risks and decisions are consolidated into clear owner-level reporting.

How it works

From development opportunity to completed asset.

The exact structure depends on the property, ownership objective and professional advice, but the delivery logic remains consistent.

  1. 01

    Assess

    Review the asset, ownership objective, planning context, development potential, constraints, information gaps and likely commercial routes.

  2. 02

    Structure

    Define the development route, responsibilities, professional appointments, project governance, funding requirements and decision framework.

  3. 03

    Design & plan

    Coordinate the appropriate planning, architectural, cost, legal, engineering and survey work required to make the scheme deliverable.

  4. 04

    Procure

    Establish scopes, tender the relevant packages and appoint an experienced main contractor and specialist delivery team.

  5. 05

    Deliver

    Maintain the owner-side view across programme, cost, risk, design, construction progress and decisions while qualified parties perform the technical work.

  6. 06

    Retain, refinance or sell

    Coordinate the agreed end strategy once the asset is completed, supported by the appropriate legal, tax, valuation and finance professionals.

Development partnerships

Not every owner needs to sell the opportunity to a third-party developer.

Where appropriate, a property owner may prefer to retain an economic interest in the redevelopment while appointing a development partner to organise and lead the delivery process.

A bespoke commercial structure

MRKHD's contribution can be development leadership, coordination, procurement, reporting and successful delivery rather than a financial investment into the project. Project capital remains a matter for the property owner, project vehicle and relevant funding parties.

Remuneration can be structured as a fee, performance-linked participation, retained equity or a bespoke combination, subject to the scheme and professional legal, tax and financial advice.

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Who we work with

Owners with valuable property but no reason to build an internal development department.

The model is designed for owners who need a credible development route and a single accountable interface rather than another isolated consultant report.

01

Corporate property owners

Businesses holding headquarters, offices, depots or other operational and non-core assets with redevelopment potential.

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02

Private landowners

Owners seeking to understand whether retaining development exposure could create more value than an immediate disposal.

03

Family offices & investors

Capital owners who need an owner-side development function to organise the professional and construction delivery chain.

04

Charities & institutions

Asset owners requiring clear governance, reporting, specialist appointments and a disciplined development process.

What we look for

Property situations where the completed asset could be worth materially more than the status quo.

MRKHD is most relevant where the opportunity is substantial enough to justify a professional delivery team and where development, conversion or planning strategy could unlock meaningful value.

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01

Redundant or underutilised offices and commercial buildings

02

Commercial-to-residential and substantial conversion opportunities

03

Redevelopment sites and strategic urban land

04

Assets with planning, density or development-value uplift potential

05

Stalled or complex schemes requiring a new delivery structure

Single reporting line

Technical detail translated into owner-level visibility.

MRKHD is positioned as the principal development interface, consolidating the specialist work into structured reporting rather than asking the owner to chase multiple parties for a coherent picture.

ProgrammeCritical path, milestones, slippage and next-stage dependencies.
CommercialCost position, cost-to-complete inputs and material commercial changes provided by the appointed cost professionals.
DeliveryPlanning, procurement, design and construction status across the appointed team.
Decisions & riskKey risks, owner decisions required, responsible parties and upcoming actions.

Development Principal

Mohammed Rahis Khan

Mohammed acts as the principal development counterpart for the owner, coordinating the wider delivery structure rather than presenting specialist technical disciplines as in-house capabilities.

Projects are intended to be delivered through appropriately qualified architects, planners, engineers, quantity surveyors, legal advisers, project professionals and established contractors selected for the needs and scale of the scheme.

MRKHD focuses on structured development leadership, coordination and decision-ready reporting. Specialist regulated and technical advice is commissioned from appropriately qualified practitioners for each project.

About MRKHD and its approach

Frequently asked

Understanding the Development Principal role.

The role is designed to give the owner one accountable development interface while keeping technical responsibility with the appropriately qualified professionals appointed to the scheme.

Is MRKHD the building contractor?

No. Construction is undertaken by appropriately experienced contractors appointed to the project. MRKHD's role is the owner-side development leadership, coordination and reporting function.

Does MRKHD provide the project capital?

Not as a default part of the model. Project capital and finance remain the responsibility of the owner, project vehicle and relevant funding parties, supported by appropriately authorised advisers where required.

How can MRKHD be paid?

Commercial arrangements can include fees, performance-linked participation, retained equity or a bespoke combination. The appropriate structure depends on the project and should be documented with suitable legal and tax advice.

Who does the owner speak to during the project?

MRKHD is positioned as the principal development interface, consolidating the appointed team's progress into clear reporting on programme, cost, risk, decisions and next actions.

Confidential initial discussion

Have a property with development potential?

Introduce the property, current position and the outcome you are considering.

rahis@mrkhd.co.uk

Mohammed Rahis Khan
Principal / Development Principal

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