Success Stories

TELERIK

As a continuation of a successful tenant representation process Forton was appointed to provide a full scope of Project Management services for Progress’s new office in Grafix Office building.

Success Stories

TELERIK

As a continuation of a successful tenant representation process Forton was appointed to provide a full scope of Project Management services for Progress’s new office in Grafix Office building.

01 THE OPPORTUNITY

As a continuation of a successful tenant representation process Forton was appointed to provide a full scope of Project Management services for Progress’s new office in Grafix Office building.

Our team and the Client’s representatives defined the scope of the project and requirements for deliverables. All the Client’s requirements were taken into consideration during the project planning and execution phase. The lack of specific Client technical requirements, interior design and experience in similar type projects were all defined as major risks during the initial phase of the project.

 

02 THE SOLUTION

The main challenges during the project were the defining and specification of deliverables, requirements and minimum quality of deliverables, potential vendors and terms of delivery. In order to streamline the fit-out management process we developed clear tender documents, conducted tenders, prepared comparison tables from the received offers and provided recommendation reports, whilst keeping he Client informed about the status and challenges of the procurement phase. This resulted in the Client’s ability to make quick informed decisions and selecting the best value proposals.Throughout the whole project we conducted regular site inspections and developed detailed defect lists, which were updated on a regular basis. This resulted in timely rectification of all defects by the General Contractor as they arose and improved the overall quality of the fit-out works at all stages of the project.We chaired weekly progress meetings, with the whole project team, where the status of the project was discussed in detail, together with new and outstanding issues. We were the mediator between all parties involved in the project (i.e. Client’s team, Landlord’s team, Vendors and Consultants) with our main goal being clear communication and conflict resolution. We effectively managed conflict resolution as disagreements between the project team arose.

 

03 THE RESULTS

We coordinated all site activities where there was an interface between Landlord and Tenant’s vendors, where the detailed time schedules were the key to success. Through effective communication a smooth successful completion of all vendor/contractor activities, on time and schedule was achieved.

INSIGHTS

Services

Capital Markets

Relentlessly focused on long-term value. Intelligent capital strategies, deep local connectivity, and a global network — delivering superior outcomes for investors in Bulgaria's dynamic real estate market.

Valuation & Advisory

Our valuers provide independent opinion of value and decision-grade insights for transactions, financing and portfolio restructuring on the Bulgarian real estate market. Where others see challenges, our experts bring clarity. Complex assignments are our specialty.

ESG & Sustainability

Responsible real estate is no longer optional — it is where long-term value is built. We help investors and occupiers develop and implement the ESG strategies that make it happen.