AMP Retail Fund is a significant Australian property investor with around $40m under management. They were interested in selling
the Plaza Shopping Centre in Whangaparaoa and needed a Technical Due Diligence report and CAPEX forecast to help with the sale to potential buyers.
Our report helped identify a number of issues which were essential in determining an accurate market cost. This included the likely expenditure required on the building structure, fabric and services over the next five years.
Our involvement reduced the transaction risk, provided cost certainty for all parties and resulted in a successful sale.