2023 was another intriguing year in the construction and property markets.
Construction cost escalation reduced on the previous year, the cost of debt stabilised, and there was positive population growth, all good fundamentals for our industry.
Property transactions across all sectors remained lower than normal, however they were still busy providing Technical Due Diligence on many of the major deals; Sheraton Mirage Gold Coast, Fitzroy Island, D’Albora Marina portfolio, the Healthscope portfolio of private hospitals, 555 Collins Street Melbourne and 1 Esplanade Perth, to name but a few.
Our construction and development services were in high demand all year. They advised on more than 600 projects ranging from $1M to $400M and over $5 Billion in cost.
Clients are the lifeblood of the construction, development and property markets, and as always they thank them for their trust in us as part of their team, creating and improving our shared liveable, economic, and sustainable futures.
Year in, year out, they thank all our N & B people for their continued reliability, dedication, professionalism, innovation and good cheer.
Our community includes our industry friends, suppliers, sub consultants, colleagues and organisations and they look forward to 2024 and to the future achievements to be made together.
In lieu of gifts, they have again donated throughout the year to charitable organisations, such as the Sydney Breast Cancer Foundation, SurfAid, and PIF.
Our last day of business for the year is Friday 22nd December and our first day back is Wednesday 10th January.
From everyone at Napier & Blakeley, have a great festive season and a successful 2024.
For 38 years Napier & Blakeley have been providing the following services to the property industry:
▪ Quantity Surveying
▪ Development Financiers’ Reporting
▪ Property Acquisition & Disposal Technical Due Diligence
▪ Property Development Due Diligence
▪ Capital Expenditure Forecasting
▪ Make Good Reporting
▪ Sustainable Property Solutions
▪ Development Monitoring
▪ Property Tax Depreciation
To discuss any of our services, please contact us at any of our following offices:
| SYDNEY 20 Hunter Street SYDNEY NSW 2000 P +61 2 9299 1899 | MELBOURNE 171 Collins Street MELBOURNE VIC 3000 P +61 3 9915 6300 | BRISBANE 120 Edward Street BRISBANE QLD 4000 P +61 7 3221 8255 | PERTH 2 Kings Park Road WEST PERTH WA 6005 P +61 8 6244 1877 |
| ADELAIDE 213 Greenhill Road EASTWOOD SA 5063 P +61 8 8274 3760 | AUCKLAND Level 33, ANZ Centre 23-29 Albert Street AUCKLAND 1010 P +64 204 936 595 | CHRISTCHURCH Level 1, Awly Building 287-293 Durham Street CHRISTCHURCH 8013 P +64 204 936 595 | SINGAPORE Level 24, CapitaGreen 138 Market Street SINGAPORE 048986 P +65 6550 9642 |
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