Engaging in Commercial Property Transactions? Are You Ready?
Whether you’re looking to buy or sell commercial property and require Technical Due Diligence support, Napier & Blakeley is your seasoned partner with decades of expertise. We’ve solidified our reputation as a responsive, dependable advisor for both vendors and purchasers, consistently delivering Technical Due Diligence services across all commercial property types. Our strength lies in simplifying complex physical and technical issues into easily understandable material concerns and Capex forecasts – all presented in straightforward English.
Regardless of the geographical location of your assets, our team of professionals, strategically positioned across Australia and New Zealand, is adept at managing the due diligence process, from individual assets to extensive property portfolios, always keeping you informed and meeting critical transaction timelines.
Our proficiency extends to identifying material risks, accurately estimating associated costs, preparing Reinstatement Cost Assessments for insurance purposes, executing Tax Depreciation analysis to help optimise returns, and providing Cost Estimates for future refurbishments or redevelopment plans.
Drawing from a wealth of historical data and expertise in diverse property assets, we are well-prepared to navigate complexities and provide benchmarking insights. Our independence from the transaction process and property management offers a level of impartiality valued by vendors and trusted by purchasers.
These images highlight some recent properties we’ve assessed reinforcing our presence and expertise across the property market. Continue reading
2023 was another intriguing year in the construction and property markets.
Construction cost escalation reduced on the previous year, the cost of debt stabilised, and there was positive population growth, all good fundamentals for our industry.
Property transactions across all sectors remained lower than normal, however we were still busy providing Technical Due Diligence on many of the major deals; Sheraton Mirage Gold Coast, Fitzroy Island, D’Albora Marina portfolio, the Healthscope portfolio of private hospitals, 555 Collins Street Melbourne and 1 Esplanade Perth, to name but a few.
Our construction and development services were in high demand all year. We advised on more than 600 projects ranging from $1M to $400M and over $5 Billion in cost.
Clients are the lifeblood of the construction, development and property markets, and as always we thank them for their trust in us as part of their team, creating and improving our shared liveable, economic, and sustainable futures.
Year in, year out, we thank all our N & B people for their continued reliability, dedication, professionalism, innovation and good cheer.
Our community includes our industry friends, suppliers, sub consultants, colleagues and organisations and we look forward to 2024 and to the future achievements we will make together.
In lieu of gifts, we have again donated throughout the year to charitable organisations, such as the Sydney Breast Cancer Foundation, SurfAid, and PIF.
Our last day of business for the year is Friday 22nd December and our first day back is Wednesday 10th January.
From everyone at Napier & Blakeley, have a great festive season and a successful 2024.