Distressed development & workout solutions
Distressed development & workout solutions
Get clarity on project viability and the best way forward
It’s an unfortunate fact that some projects risk failure to complete. Timely advice is critical to identify the key issues and understand your options to minimise any further loss.
Schedule delays, cost overruns, defects, contract disputes or authority approvals can all lead to financial stress. When an asset is in distress, we provide an assessment to facilitate the decision to either continue to completion, reposition or divest the asset.
Critical to any assessment is a ‘cost to complete’ along with a risk and programme assessment identifying the immediate and long-term development activities required. If the decision is made to recover an asset, you need experienced project and cost management services to manage completion and achieve a return on your investment.
We provide expert guidance to funders, receivers, administrators, developers, government, builders and consultants.
Capitalise on the right opportunity and make an informed decision
There are risks and benefits when it comes to acquiring a distressed asset. It’s critical to understand the potential risks or likely costs prior to committing to a property transaction. Our experts can undertake a thorough due diligence process to identify risks and inform you on potential expenses prior to acquisition.
Get back on track with a complete solution for project recovery
When the decision is made to recover a project, we provide expert project and cost consulting services, such as:
- Risk and programme assessment
- Check authority approvals and compliance
- Stakeholder management and appointment
- Cost to complete reporting and option analysis
- Project assessment and development delivery strategy
- Contract negotiations, management and administration
Efficient disposition or informed asset repositioning
We can help you prepare the asset for market and a swift sale by providing:
- A condition audit
- Collating all project documentation
Looking to repurpose or refresh your existing asset? We develop feasibility scenarios and evaluate sensitivity factors to help you navigate through your options. Once you establish which option to pursue, partner with us to manage the redevelopment project and costs.
Drive success at every stage of development with expert advice, market insights and data
Cost planning & estimation
Create cost certainty at every stage of design development with cost planning and estimation by a quantity surveyor.
Budget & feasibility studies
Establish financial feasibility and cost clarity on your property development project with an accurate feasibility study.
Combustible cladding rectification
Obtain compliance, ensure safety and protect the value of your asset with combustible cladding rectification
Contact a qualified professional
Our multi-disciplinary team of professionals brings a wealth of industry experience and unparalleled data-driven insights, providing the clarity you need to make informed decisions.
Construction contract answers during the COVID-19 pandemic
18 Apr, 2020
Answers to help developers navigate the current and potential impacts of the coronavirus pandemic on active construction projects
Navigating NSW’s new Security of Payments regime
3 Dec, 2019
Key considerations when it comes to changes to the Security of Payments Act in NSW (SOPA).
Why building quality matters
2 Oct, 2019
Building quality is as important as safety – and we need to start taking it as seriously.
Combustible cladding: What you need to know
30 Aug, 2019
We discuss combustible cladding - implications for the the industry and the rectification process.
Is Your Project Feasibility Actually Feasible?
28 Feb, 2019
So what really makes a development project feasible? We discuss balancing risk and reward.
Building right the first time, every time
1 Apr, 2020
A new culture of quality can deliver direct benefits to the construction industry’s bottom line and restore the community’s confidence.
Development finances and project risk during COVID-19
4 Apr, 2020
Property developers and investors need to prepare for an increased level of reporting to lenders to address development finances and project risk during COVID-19
Three steps to safe and socially distant building sites
7 Apr, 2020
Industry groups and unions have joined forces in unprecedented cooperation to ensure control measures minimise the spread of COVID-19.
A call to expand our quest for building quality
4 Aug, 2020
Reforms are essential - but what will it take to drive real change when it comes to building quality across the industry?
Need help with more services?
Connect with us and learn how we can help you see opportunities and maximize the value of your investments.
Independent certification & client representation
Our certifiers provide independent and impartial advice on behalf of the developer or financier.
Plan, evaluate, manage and oversee successful PPP infrastructure assets with insightful and informed analysis.
Dispute resolution & expert witness
Expert advice for property and construction disputes - mediation and expert witness services.