PROPERTY ADVISORY

OUR Advisory unit provides independent and objective advisory and consultancy services to
property owners, developers, builders, lenders, and investors on all property related aspects,
covering a wide range of issues concerning site locations, demographics, high and best use,
master planning and conceptualization. Our advisory services also include the following:

Property Appraisals & Valuations
Projects Comprehensive Analysis
Market Analysis
Assessment of the property & re-banding and upgrade options
Market Intelligence Reports
Project Development & Management
Financial Analysis
Land tenure issues in terms of development
Real Estate options for development

Our advisory unit issues frequent reports on the local and international property markets, monitoring the most recent trends and fluctuations in the property industry.

In essence, we believe a successful and correct mix of real estate product could result in it leading to options in asset enhancement.

INVESTMENT IN PROPERTY

There’s no safer place to invest your money than in real estate. So whether you are looking for your first investment property or trying to branch out into large scale commercial real estate opportunities our external consultants will guide you through from financing, to building and marketing your property.“ Entering the investment property market can be daunting, but it is always rewarding. We are here to help you navigate your

way through this process as effortlessly as possible”

While each development project is unique, the
process usually follows a set pattern. First the site
is identified and a development concept prepared.
This may be the construction of houses, units,
commercial improvements or a land subdivision.
Following the concept stage, a project feasibility
is prepared to determine the profitability of the
development on completion. In the feasibility, all
known costs are listed and a projection is made
on how profitable the development will be. The
proposed plans are then presented to the local
council for approvals. once plans are approved, the
site is developed accordingly and then sold on the
market, giving the participating principals returns
based on the performance of the project.

The Preliminary Stages

Typically, in order for the developer and lender to isolate the finances of each project, a separate entity is established that will undertake the development of the project. This entity executes the project and at the end of the project is dissolved. This is also described as a Special purpose vehicle or SPV. The SPV usually owns the land or is involved in a joint venture that gives it the right to develop the land. The developer via the SPV will use a combination of their own funds and borrowings to cover the costs required to execute the development project.

Special Purpose Vehicle (SPV)

The developer may not necessarily have the
entire cost at their disposal. They will approach
a bank or a private lender who may choose to
lend up to certain percentage of the end value.
This ratio is also known as loan to value ratio.
Done correctly, property development can be
profitable. However, developing property is also
risky and can involve unexpected problems or
market changes which is why an experienced
project management team is needed to oversee
the venture from start to finish.