TrustCapital Australia put their trust in Napier & Blakeley

2 properties joinedIn June 2017, TrustCapital Australia (TCA) engaged Napier & Blakeley to undertake Vendor’s Technical and Environmental Due Diligence relating to their commercial office portfolio.

Within two weeks of instruction we had reviewed all the available documentation, inspected all the properties and provided written feedback on our findings.

We were able to achieve this using our national team of building consultants, services engineers and cost consultants, in conjunction with external environmental consultants from our approved consultants panel.

This early stage reporting provided TCA, and their Facilities Managers, the opportunity to act upon minor items of deferred maintenance and short term future repairs and maintenance needs, to help prepare the properties for sale.

While the repairs were underway Napier & Blakeley completed the final  written reports.

Our reports covered the technical and environmental aspects of the property and risk assessment was facilitated by capital and maintenance forecasts over a ten year period.

Items in our forecasts are categorised by the detailed scope of the instruction along with a probability rating of the likelihood of such events occurring.

2 properties joined aDue to the active management of the investment grade properties, our reporting was able to confirm low levels of future capital maintenance requirements, which were below benchmark levels for properties of a similar age and type.

The marketing campaign commenced in July and contracts were exchanged on all five properties (four purchasers) by September.

Being independent from both the sales process and property management provided further value in that Purchasers could take reliance on the reports, free from any conflicts of interest, as if the reports had always been prepared for themselves.

Reliance was extended to Purchasers on three out of the five properties.

Napier & Blakeley

With 32 years in the property, development and advisory business we have an intimate knowledge and understanding of costs and workings across the built environment.

This experience has allowed us to develop a unique data base of costs and condition based capital expenditure forecasts, for benchmarking purposes.

Napier & Blakeley pioneered technical due diligence services in Australia 25 years ago and remain as the market leader for these services today.

We were instrumental in the RICS Best Practice Guidance Note for Technical Due Diligence of Commercial and Industrial Property and also provide support to other industry bodies.1 property

Our capability and resources align with our brand promise of providing commercially oriented advice in a timely manner and in a user friendly format.

Our technical due diligence reporting also provides a detailed working platform to transition into an asset management plan for new owners.

Year to date we’ve completed technical due diligence on properties totalling in excess of $15 billion of transactions covering commercial, retail, logistic, health and hotel property, for both vendors and purchasers who value complete independence.


For further information on our Transaction and Advisory services please contact our team here:

Rob Howells Backgroundv2 Graham Rigby 2
Rob Howells
o.  03 9915 6300
m. 0437 649 082
Graham Rigby
p.  08 9489 4895
m. 0419 847 998
Simon Gould Background Gavin Peach Backgroundv2
Simon Gould
o.  02 8113 7112
m. 0409 228 552
Gavin Peach
o.  07 3221 8255
m. 0412 225 781

For 32 years
 and counting Napier & Blakeley have been providing the following services to the property industry:

  • Property Acquisition & Disposal Technical Due Diligence
  • Property Development Due Diligence
  • Quantity Surveying
  • Capital Expenditure Forecasting
  • Make Good Reporting
  • Energy Management
  • Development Monitoring
  • Property Tax Depreciation

Please contact any of the people below for more information or assistance:

Alastair Walker Backgroundv2-edited Craig Smith Backgroundv2
Alastair Walker
Managing Director

o.  02 9299 1899
m. 0419 503 289
Craig Smith

o.  03 9915 6300
m. 0407 371 664
Paul Mazoletti Backgroundv2 Peter_Mitchell_Background
Paul Mazoletti
National Director

o.  07 3221 8255
m. 0408 749 202
Peter Mitchell
o.  +65 6550 9642
m. +65 9670 9435

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