For parties who value independent specialist advice, or who may wish to remain at arms-length from the transaction, we can assist in identifying, structuring and implementing capital asset investment and urban development strategies. With nearly 40 years of urban development, economic development and related commercial experience in New Zealand and abroad, we offer investors specialist and insightful professional knowledge. Advice and implementation can be provided at each or all of the market research, opportunity identification, financial modelling, due diligence, financing, acquisition and disposal stages.
Our experience with a wide variety of urban-scale design-build and smaller-scale speculative projects offers clients and related stakeholders a valuable understanding of key commercial imperatives and potential risks. The real ‘value-added’ stages of the development life-cycle are at the beginning and end. The front end involves market research (i.e. buyer and/or occupier demand, competition, product specification and market strategy), stakeholder liaison and PR, technical team briefing, engagement and coordination, bulk and location analysis, design development, financial analysis (i.e. costs, rentals, timing of cash flows, returns), consent procurement, funding procurement, collateral development, project marketing, pre-leasing, pre-sales and building company briefing and contracting. In short — a lot. The end stage typically involves further collateral development, marketing, leasing and/or disposal. The building stage is highly important BUT is a little like re-arranging the deck chairs on the Titanic if you don’t get the front and end stages of the development life-cycle right.