Trends in Transactions and Technical Due Diligence
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.
The Napier’s way:
Independence - being independent from the transaction process our reporting is accepted by all parties and stakeholders.
Responsiveness and Commerciality – our national team mobilises and responds quickly and reports progressively on the things that actually matter.
Knowledgeable - the breadth and depth of our technical expertise together with our cost consultancy and tax depreciation advisory helps to translate the physical risks and opportunities to financial assessment, feasibility studies and cash flow analysis.
Connected – beyond our national team we have strong relationships with industry, including specialist sub consultants who are leaders in their field.
Adding Value - beyond the transaction process we add further value with asset and facilities advisory, aligning the performance of the property with the aims of the fund manager, asset manager and facilities manager.
With existing buildings this can include compliance management, improvement plans and NABERS and carbon neutral roadmaps. With new developments this can include consideration of facility management requirements at the design stage to reduce future maintenance costs and optimise lifecycle costing; independent certification during construction and handover management.
Some of our recent experience includes the following transactions:
Please contact any of the people below for further assistance :
For 34 years 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: