focus on developers & investors

The focus for developers & investors is to achieve a return on their investment. In order to realise those returns, it is essential to deliver a product that attracts occupiers via effective development, refurbishment and management of their property assets. There are several consistent elements across our work with these clients:  

Effective Due Diligence

It is vital to fully evaluate assets that are being acquired, both in terms of their current condition and any specific risks associated with their acquisition. Consideration of opportunities for refurbishment or redevelopment is important, along with potential value enhancements that could be delivered.

Management of Assets

Asset management is a vital part of owning commercial property, ensuring the value of existing assets are protected. A major focus of our role is supporting Landlords in establishing effective leases where their interests are protected via appropriate dilapidations and repair clauses.

Assessment of Preferred Solutions

On considering any capital expenditure on assets, bringing together the right team is an important starting point. The right team with the skills and experience of the type of property involved can identify alternative solutions that will support a robust viability assessment.

Investment in Redevelopment

One of the challenges surrounding the refurbishment of assets, particularly offices, is the nature of the base build. Many assets built 20-30 years ago are constructed using modern materials with a lifespan of a similar period. To avoid future tenants seeking limits on their repairing obligations, full replacement of M&E systems, curtain walling and other lightweight cladding is essential. Such major refurbishments require significant investment of capital, something which may not have been factored into the valuation of the asset.