The Urbis Real Estate Advisory team were engaged to undertake pre-purchase due diligence advice forming part of a formal EOI bid for the acquisition of Riverton Coles, Western Australia. Working collaboratively with the client’s bid team of lawyers and accountants, the team prepared and lodged the formal bid on behalf of the client, whilst acting as the conduit between the selling agents and client’s bid team.
Our advice was structured to include valuation calculations and analysis, 15-year cash flow modelling, lease analysis, competitor and demographic analysis and reporting, culminating in an informed position on the appropriate pricing for the asset with reference to current market pricing fundamentals.
“Urbis’ experts provided concise and reliable advice, resulting in the client’s successful progression to the second round of bidding.