BUILT – Building Transformation Advisory

We provide advice on the development and refinement of property, location and space strategies in line with corporate and investment strategy.

• Development of property and location strategies (at corporate, portfolio, campus and site level)
• Analysis of ‘stay vs. go’ options, rightsizing and consolidation scenarios
• Strategic valuation of existing properties (hold, develop, repurpose, dispose of)
• Alignment of real estate strategy with transformation, liquidity and investment objectives
• Decision-making frameworks suitable for management and board use

We support the spatial, functional and economic transformation of business sites, industrial and commercial areas, and urban neighbourhoods.

• Integrated site, potential and market analyses
• Urban planning feasibility and development concepts
• Transformation and repositioning strategies for greenfield and brownfield sites
• Development of land-use concepts at campus and neighbourhood scale
• Stakeholder identification, structuring and management (businesses, local authorities, the public)
• Economic optimisation through land consolidation and value-enhancing uses

We analyse properties and land from technical, planning law, market and property management perspectives, and use this analysis to develop concrete, actionable development and utilisation options.

• Feasibility and potential analyses
• Highest-and-best-use analyses
• Business case calculations, including scenarios and sensitivity analyses
• Asset repositioning and the development of property and location strategies
• Project initiation (budget, timeline, preliminary planning applications, architectural and planning competitions)
• Decision-making documents with clear recommendations for action

We support buy-side and sell-side transactions, as well as strategic reallocation decisions, throughout the entire transaction process.

• Transaction strategy (e.g. sale, sale-and-lease-back, portfolio optimisation)
• Preparation of investment-grade, marketable products (including capitalisation of building rights reserves)
• Technical and development-related transaction preparation
• Technical due diligence (TDD); for buy-side and sell-side or vendor TDD
• Derivation of reliable CapEx forecasts for purchase price and valuation models
• Independent advice to buyers, sellers and financiers

We advise property owners, investors and occupiers on technical and structural issues throughout the entire property lifecycle – with a focus on risk minimisation, value preservation and informed decision-making.

• Technical due diligence (TDD), including capital expenditure
• Portfolio TDDs
• Environmental due diligence (Phase I, coordination of Phases II/III)
• Building condition and operator liability analyses
• Technical consultancy for transactions, leases and demolition obligations
• Technical representation of buyers, sellers and lenders

We provide independent advisory, monitoring and management services for projects with heightened requirements in terms of transparency, governance and risk management.

• Project and construction project management
• Project controlling (costs, deadlines, quality, quantities)
• Project monitoring in an in-house or third-party capacity
• Second-opinion and third-party advisory mandates
• Analysis of projects in difficulty, including corrective measures
• Recipient-focused reporting for management, investors and committees