THEY partner with clients carrying out comprehensive Technical Due Diligence on their assets, quantifying the physical and financial risks associated with acquiring land and improvements.
This process extends beyond just like for like capex forecasting, as they delve much deeper to highlight potential opportunities an asset may have which could enhance future returns.
Sub-regional shopping centres and urban infill projects, as an example, often feature large parcels of underutilised land in areas of growing population. These locations can be ideal for developing new assets such as medical facilities, childcare, education, food outlets, retail, and housing.
Assets can be performing well and yielding strong returns, but may also have further development potential presenting further revenue opportunities for the owners.
In addition to evaluating the technical and environmental risks of existing properties, their Technical Due Diligence service also involves investigations such as:
▪ Verifying legal boundaries and identifying encroachments or easements that may impact future development;
▪ Assessing ground conditions and their effect on structural integrity;
▪ Structural evaluations to enable design planning;
▪ Evaluating town-planning opportunities and challenges;
▪ Considering historical and future climate risks to ensure resilience and future-proofing; and
▪ Estimating overall feasibility costs.
This overall approach not only manages acquisition cost and risk, but also highlights future potential returns.
Don’t risk the potential of your future, contact them now:
NATIONAL
Rob Howells, Managing Director | 0437 649 082 | rhowells@napierblakeley.com
Coco Williams, National Head of Client Services | 0418 348 712 | cowilliams@napierblakeley.com
MELBOURNE
Steven McCormack, Senior Associate | 0407 892 290 | smccormack@napierblakeley.com
SYDNEY
Stephen Cooke, Associate Director | 0409 228 552 | scooke@napierblakeley.com
BRISBANE
Gavin Peach, Associate Director | 0412 225 781 | gpeach@napierblakeley.com
PERTH
Graham Rigby, Associate Director | 0419 847 998 | grigby@napierblakeley.com
ADELAIDE
Sam Grindley, Associate Director | 0460 032 142 | sgrindley@napierblakeley.com
NEW ZEALAND
Daniel Small, Director | +64 20 493 6595 | dsmall@napierblakeley.com