FY 2018 / 2019 has seen a large number of major property transactions close as global capital continues to see value in Australia. This trend looks set to continue for the year ahead.

There is an appetite for land mark commercial office towers particularly for international investors and more recently, local organisations. Internationals are also entering into joint venture agreements with local groups for the both existing assets and for ‘fund through’ developments.

These large and more complex transactions together with changes in the global investment environment have seen expansion of the technical due diligence scope.

Investors increasingly see value in environmental social governance, and technical due diligence is now used to assess sustainability performance, climate related risk and the subject building’s resilience to climate events.

The adaptability of the buildings is important in terms of future occupation densities, work place practices, wellbeing and the communications and information technologies required for occupation and for appropriate facilities management.

Napier & Blakeley is proud to be at the forefront of such service advancement and to facilitate transactions for our clients through due diligence. Continue reading →