Acquisition Technical Due Diligence Services

AuthorAlan Stewart

MBM’s Building Consultancy division were recently engaged to provide Acquisition Technical Due Diligence services for a large Melbourne Business Park comprising of:

  • A site area of 8.382ha;
  • Three mid-rise office's – generally dating from 2010’s;
  • Six industrial units – generally dating from the 1980’s;
  • Two multi storey carparks;
  • Review of a proposed Quest Hotel development and new mid-rise office block.

With a report needed within eight days of the inspection and given the timescale and size of the premises, two in-house teams undertook an inspection with including assessments of:

  • Structure, fabric and finishes;
  • Building services (mechanical, electrical, fire and hydraulic);
  • Vertical Transportation (lifts and escalators);
  • BCA (Building Code of Australia) review;
  • Town Planning review of the site (sub-contracted);
  • 10 Year CAPEX and deferred maintenance plan.

MBM’s Building Consultancy Team comprises of senior experts who specialise in their given fields and are backed by an award-winning Facilities Management advisory division as well as a leading Quantity Surveying team; ensuring our client’s technical and cost risks are minimised and are articulately presented.  MBM were able to provide our client a combined report with sufficient advice required at short notice resulting in a successful acquisition process. The value of the transaction was $168M.

MBM have since been engaged to provide post-purchase services including Building Consultancy and Quantity Surveying at the site.
If you require pre- or post-purchase property advice, please do not hesitate to contact our experts on:
NSW 02 9270 1000  , VIC 03 9603 5200 ,  QLD 07 3234 4000

Alan Stewart