Urbis drew on its extensive experience evaluating retail assets across China to provide independent due diligence advice to MGPA on its purchase of the Galleria Chengdu shopping centre in 2011.
In investigating the sales and income potential of this high quality shopping centre, Urbis’ due diligence experts knew it was critical for MGPA to have a clear picture of not only Galleria Chengdu’s current retail performance, but also its potential market and competition.
Urbis developed detailed sales and income forecasts for the shopping centre, and predicted the medium-term risks involved in MGPA’s investment. Importantly, Urbis also provided MGPA with insights into potential capital improvements that would help guarantee Galleria Chengdu’s long-term success.
“Urbis’ due diligence experts knew it was critical for MGPA to have a clear picture of not only Galleria Chengdu’s current retail performance, but also its potential market and competition.