We offer complete and thorough Due Diligence services for commercial and residential property.
Due Diligence can be described as a process by which information on a property asset is collected and analysed in the forefront of actual negotiations on a transaction as a basis for decision making. The goal is to identify major strengths, weaknesses, opportunities and threats of the property under investigation.
The Due Diligence process can be broken down into several core areas. These are:
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Market Due Diligence; analyses the location and the market environment of the property under investigation;
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Legal Due Diligence; is concerned with issues such as ownership rights, easements, and existing rental contracts in order to identify any provisions that might affect future cash flow;
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Tax Due Diligence; evaluates the fiscal implications of actually purchasing the property under investigation;
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Technical Due Diligence; includes structural and building systems analyses in order to determine overall construction quality and performance, building defects, and maintenance backlog;
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Environmental Due Diligence (site assessment); investigates the building site in order to determine soil quality and to detect risks from legacies /soil contaminations;
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Financial Due Diligence; draws upon the results of the other forms of due diligence and investigates the total financial impact of the property investment.
The Due Diligence process makes property projects much more transparent and enables potential investors to identify relevant property and market specific risks before a contract is actually signed.