Technical Due Diligence is a process that includes performing an objective inspection and evaluating the technical condition of a property. Whether you are an investor, a developer, a corporate organization, a landlord, a tenant, a property manager or a seller, having comprehensive knowledge of the actual condition of your target property allows you to identify technical risks and defects that are hidden from plain sight, which will help you to assess what impact these deficiencies may have on the operating costs and useful lifetime of the property.
Our high level of technical expertise enables us to review and assess a property’s actual technical condition, outline a cost estimate to remove defects, create investment budgets to make potential renovations and reconstruction works, perform CAPEX calculations, review statutory permits and approved design documentation, review compliance of the property’s actual usage, weigh the impacts of neighbouring properties and infrastructure, and review contractual warranties.
Besides building defects such as structural defects or insufficient insulation against underground water, there we are able to identify defects associated with mechanical and electrical works, as well as with technological works, which often represent over 50% of the value of a property. Our greatest advantage is our ability to properly evaluate not only individual branches of ME, but also to consider how each might affect the entire ME system and to asses a property’s compliance with valid legislation with a special focus on fire safety and occupational health safety.
As a part of the TDD process, we can provide an energy usage audit, an assessment of ecological loads, an evaluation of environmental risks, the occurrence of any deleterious or hazardous materials (asbestos), assess the flood risk, and review of the condition and history of the property’s facility management.
We support our Clients with our active presence at ongoing negotiations. The added value of our comprehensive services is not only the red flag or final reports, but also clear business outcomes and recommendations. We have a wide range of references related to different types of properties and thorough technical knowledge, which together with our flexibility and loyalty place us among the market leaders.
- Technical Due Diligence
- Construction Defects Check