Napier & Blakeley bolsters its Transaction Advisory team

Nicolas Paul

NAPIER & Blakeley has strengthened its transaction advisory team with two appointments.

Paul Pegram has been appointed senior building consultant and Nicolas Mules as building consultant.

Both bring international experience and have relocated from New Zealand, they will be based in Napier & Blakeley’s Sydney office.

Pegram qualified as an RICS Chartered Building Surveyor in 2010 and is experienced in technical due diligence, defects analysis, capital expenditure planning and project management.

Mules has a background in regulatory compliance and building consulting. He is currently studying at Masters level and is also working towards full RICS membership.

“Paul and Nic are both originally from the UK and have international expertise providing asset advisory services to property and development clients,” national director Rob Howells said.

“They both strengthen our capability to serve clients locally as well as clients with trans-tasman interests and property portfolios,” Howells said.

The two additions follow the appointment of Andy Brunn to Napier & Blakeley’s Western Australian team last month.

Brunn brings over 14 years of top tier international quantity surveying experience. He moved to Perth from the United Arab Emirates five years ago.

Australia Property Journal
1 August 2017

Building Consultant – Brisbane

Want to join our teamNapier & Blakeley are independent, trusted and knowledgeable advisors to the property and development industries. It is our willingness to provide our clients with what they need rather than what some consultants may want to tell them, that has set us apart over the years.

With over 32 years in business, we specialise in building consulting, quantity surveying, property tax deductions, energy efficiency and property sustainability.

Reporting to the local Building Consulting Manager, this is an unique opportunity to develop a professional and challenging career as a Building Consultant, working with commercial, industrial and retail clients nationally.

Our Consulting services include:

  • Technical due diligence
  • Make good assessments
  • Capital expenditure forecasts
  • Energy efficiency assessments
  • BEECs ratings
  • Project monitoring
  • Project management Continue reading

Senior Quantity Surveyors – Sydney

Find jobs here resized smallerNapier & Blakeley have been established trusted advisors in the development and property industries for over 32 years nationally and internationally, specialising in quantity surveying, building consultancy, property sustainability and property tax.

Due to our ever increasing work load our Sydney office is currently seeking senior quantity surveyors to join the team.

We offer a wide range of work from new start projects to retrofitting of existing assets, across wide and varied projects.

Key Duties:

Reporting to the QS Manager, this is a great opportunity to develop a professional and challenging career as a senior consulting quantity surveyor, working with Australia’s leading commercial, retail, industrial and residential developers and financiers on property developments projects across NSW and nationally. Continue reading

Tax time is here – Are you paying too much tax ?

Tax timeDo you own or have you bought an investment property in the past financial year?

Or…  have you recently refurbished, altered or extended your investment property in the past financial year?

Or…  do you own an investment property but have never claimed depreciation in the past?

Or… own any property including commercial, retail, industrial, residential, pubs, clubs, sporting – we are experts in them all.

If your answer is yes to any of these questions then you may very well be paying too much tax on your income if you don’t claim your depreciation deductions. Continue reading

Sector Spotlight – Hotel Property

For 32 years and counting Napier & Blakeley has provided expertise to the hotel property sector throughout Australia, New Zealand, South East Asia, South Pacific and beyond.  Capture

Our services include :

  • Acquisition & divestment technical  due diligence
  • Capital and maintenance expenditure reserves
  • Building improvement and repositioning assessments
  • Capital allowances / tax depreciation
  • Asset registers
  • Quantity surveying
  • Project management
  • Project monitoring

Continue reading…

Napier & Blakeley continues to expand in Western Australia

w All joined upAs we enter our 33rd year in business our long association with Western Australian property and development continues, dating back to the foundations of N&B in 1985.

Following the formal opening of a Perth office by Graham Rigby two years ago, we are now pleased to welcome Andy Brunn to the WA team.  Andy, who brings over 14 years of top tier international quantity surveying experience, moved to Perth from the United Arab Emirates 5 years ago.

During the last 5 years he has developed an excellent understanding of the local Perth market based upon his experience in a broad cross section of projects in the region.

Starting his career in the UK in 2003, Andy’s journey to date has seen him working on some of the most prestigious projects in the world whilst delivering exceptional results for his clients.

His experience crosses multiple sectors including corporate real estate, fund monitoring, commercial, retail, aviation, health, government/civil, education and hospitality, where he has been focused on delivering high quality pre and post contract services to developers, end users, financial institutions and contractors/sub-contractors on projects ranging from $500,000 to multiple $billions.

His specialties include cost planning/estimating, value management, financial reporting, payment claims, project management, claims and dispute resolution and procurement.

Andy’s results driven approach along with relationship development ensures that the best possible results are delivered to both client and project outcomes.

We continue to provide a variety of services including :

  • Asset acquisition & disposal due diligence
  • Property depreciation allowances
  • Capital expenditure planning & management
  • Fire insurance reinstatement costs
  • Project and development monitoring
  • Asset efficiency modelling & management
  • Construction cost planning & management
  • Retrofitting planning & management
  • End of lease condition and make good assessments Continue reading

Depreciation dilemma : Is it better to buy new or old properties?

Paul Mazoletti croppedWhen considering depreciation, which will gain the greatest benefit from capital allowances: new or old properties? That is the ongoing question – one that Paul Mazoletti from Napier & Blakeley aims to answer once and for all.  Paul Mazoletti is a director at Napier & Blakeley, the first provider of depreciation schedules in the Australian market (since 1985).

Depreciation (capital allowances) can be a valuable tax deduction for any property investor and a great way to reduce your taxable income. However, the question of old versus new does come up a lot in discussions with investors.  So, who is right and who is wrong?   With effect from 9 May 2017, if you are focusing on capital allowances deductions, new property is the better way to go.  We could also suggest that neither is the ‘best’ way, as there are advantages to both.  However, if legislation is passed soon, the proposed changes will certainly lean you towards buying new.

The benefit of newer properties

The main benefit of buying a new investment property is that this will provide a higher total base tax deduction entitlement, when considering the combined value of fixtures and fittings the building structure’s value.  Deductions through the depreciation of fixtures and fittings under Division 40 may now only be available on any new investment property asset acquisition made after 9 May 2017.  Deductions through the depreciation of the building structure under Division 43 are also available on both new and older assets; we’ll explore this further later in the article.  The ATO introduced capital allowances in 1985 for the residential sector, coincidentally at the same time as Napier & Blakeley opened its first office in Australia and launched its capital allowances business. Continue reading

Technical Due Diligence and ESG

Capture 2Napier & Blakeley’s expertise in asset and development advisory provides an integrated approach to achieve the best results for sustainable property outcomes.

Our quantity surveyors, building consultants and engineers can plan and price works associated with improving the ESG performance of a building.

Sustainable investments achieve long-term financial growth where risks and opportunities are identified and managed through environmental, social and corporate governance or ESG.

Technical Due Diligence is a perfect tool to facilitate good property transactions, to initiate asset management and   to achieve investment goals.

Continue reading …

Tax time is coming – Are you paying too much tax ?

Do you own or have you bought an investment property in the past financial year?

Or…  have you recently refurbished, altered or extended your investment property in the past financial year?Tax time

Or…  do you own an investment property but have never claimed depreciation in the past?

Or… own any property including commercial, retail, industrial, residential, pubs, clubs, sporting – we are experts in them all.

If your answer is yes to any of these questions then you may very well be paying too much tax on your income if you don’t claim your depreciation deductions.

Property tax allowances (commonly known as depreciation) provide an opportunity for owners of income producing property to reduce their taxable income, thus reducing the tax payable.   Continue reading

Property Council Australia NSW Capital Markets

Yesterday marked the first of 3 of the 2017 PCA NSW Capital Markets breakfast seminars. Capital Markets 1

Napier & Blakeley have been the main sponsor of these breakfast seminars since 2008 and the 2017 series got off to a flying start with around 150 in attendance in the ballroom at The Establishment.

The series was introduced by Alexandra Gray from Mirvac and Peter Osborn from Napier & Blakeley and the topic of the day was “Australian Capital Market Flows – Both Sides of the Ledger” and the panel speakers were:

  • Neil Brookes, Knight Frank
  • Tim Church, UBS
  • Alexandra Crossing, CBRE Global Investment
  • Jason Todd, MacquarieCapital Markets 2

And the moderator was Ticky Fullerton from Sky Business News.