Property Management and Transaction Advisory Services for Uttlesford District Council

About

Uttlesford District Council awarded a contract to Cushman & Wakefield Debenham Tie Leung Limited for property management and transaction advisory services, valued at AUD 1,000,000.

The services included supporting the client in determining optimal transaction structuring considering a 50% ownership share, developing and executing a strategy for dealing with the ROFO, constructing a bespoke cashflow for appraising disposal options and marketing, providing financial analytics to secure approvals for the proposed disposal, and working with legal and tax advisors to establish optimal tax and governance structures.

The scope also covered detailed due diligence ahead of marketing, including review of title information, tenancy schedules, non-recoverable opex, occupier financial covenant information, park running costs, service charge budgets, ground surveys, building survey information, flood assessment reports, and cost programmes for development plots.

Additionally, technical building surveys were envisaged, involving document review and property inspections.