Technical Due Diligence
Consistency, Clarity and Efficiency
Napier & Blakeley Due Diligence Reports are accepted by institutional grade investors – including REITS, super funds, sovereign funds, family offices, financiers and private equity globally.
We’re the market leader in the provision of Technical Due Diligence, demonstrated by the fact we’re involved in about 75% of all significant commercial property transactions to occur in Australia.
The key here is that a Napier & Blakeley Report is acceptable to all parties to a transaction.
Independence, Value, Risk Management and Upside
A Napier & Blakeley Due Diligence Report provides value to investors and their financiers as we are truly independent from the transaction, management or valuation of an asset.
We focus only on those financial matters, short to long term, material to the investment decision. Risk Management is facilitated by the allocation of probability of events occurring against their possible cost implications. This provides for a risk weighted expenditure forecast. Continue reading
Are Triple Net Lease Property Investments Risk Free?
Many property investors believe that triple net leased property investments make for good, safe, passive investments.
This can be the case, but there can also be serious financial consequences should they not be managed properly.
Triple net leases differ from traditional leases in that the tenant is generally responsible for all of the operating expenses including repairs, maintenance and life cycle capital expenditure – a new roof, air conditioning system, lifts, and the like.
However, there are risks to be aware of with such property. Triple net lease investments are often single tenanted properties, perhaps with a special purpose or use.
The commercial stability of the tenant is of course fundamental in any investment, but in a triple net lease are they also going to:
- Take a proactive and planned approach to managing the asset?
- Keep on top of property maintenance and life cycle repairs and replacements?
- Fully understand what their obligations are?
- Know how to live up to and manage their end of the bargain? Continue reading
