Knight Frank Development Project Prize 2014

Once again, OBREMS (our alumni society), with the support of Knight Frank, have rewarded the efforts of three third year undergraduate students on the BSc Real Estate Management. The prizes (cash...just in time for Christmas) were based on performance in their Development Project.

The winners with Adrian Wilson. Left to right: Tom Elwood, Adrian Wilson, Joe Gibbon and Joe Jackson

First prize (£250 and an internship at Knight Frank) went to Joe Gibbon

Second prize (£175) was awarded to Tom Elwood and the third prize (£75) went to Joe Jackson.

This year, the Development Project was a feasibility study of three logistics units at Daventry International Rail Freight Terminal (DIRFT). This site is being used as a case study for all final year modules (take a look at the blog post on DIRFT here). The students were required to undertake a market analysis of the scheme and determine the land value and potential funding options of the site using current market parameters. Their recommendations were contained in a full report of the scheme.

The Sainsbury's development at DIRFT II

The winning team produced a joint report and then each gave a short presentation to the awarding committee. The committee comprised: Adrian Wilson (Head of Development, Knight Frank), Rebecca Gee (BSc REM Subject Coordinator, Oxford Brookes) and Nick French (Professor in Real Estate, Oxford Brookes).