The vast majority of organisations occupy property but fail to understand the risks which are inherent with the property cycle. Whether you lease or own the property you occupy, the standard property cycle of acquisition; refurbishment, fit-out and construction; occupation; dilapidations and disposal will apply with specific risks at every stage.
When you acquire property, many risks such as contaminated land, unsafe building infrastructure, asbestos are present and without an understanding of how those risks may impact upon your risk profile, there may be subsequent difficulties in managing your operations within that property.
Unfortunately, many of the risk introduced into your organisation at the point of acquisition continue to challenge your organisation throughout the later stages of the property cycle particularly operations, dilapidations and disposal.
Through our experience in assisting organisations manage their property related risk we have a detailed knowledge of the challenges which you may face at any stage of the property cycle. We have developed simple methodologies which enable you to identify the risks, assess those risks, identify where further information is required, set your risk appetite and determine the necessary action required to reduce risk to an acceptable level.
This process enables you to understand the true impacts of property acquisition throughout the property cycle and to maximise any return on your property investment.