Three ways to read a project.

Examine the relevant geographical area and property segment. The study brings together available data, uses and comparable offers to describe the project’s context. Differences in date, scope and source quality remain visible in the analysis, so that comparisons can be assessed on their actual merits.

• ＋Define the area and property segment under review.
• ＋Consider supply, demand and patterns of use.
• ＋Price and rent benchmarks, distinguishing listings from documented transactions.
• ＋Dates, sources, trends and limitations of the references selected.

Organise cost items, anticipated income and the schedule using the information supplied. The aim is to clarify the project’s economics and the assumptions that shape them. The quality of the result depends in particular on the quotations, estimates and verification available to support the analysis.

• ＋Purchase price, transaction fees, renovation and holding costs.
• ＋Assumptions for rental income, resale price and timing.
• ＋Sensitivity to vacancy, cost overruns and delays.
• ＋Sources, quotations and margins of uncertainty to document.

Compare the options defined with the client on a shared basis: scope, costs, timing and income assumptions. The comparison shows what explains the differences, the choices involved and the vulnerable points. It can also inform a decision to postpone the project or not to proceed.

• ＋Hold and let, or improve and resell: options to compare.
• ＋Present each scenario’s assumptions on a consistent basis.
• ＋Compare costs, timing, vacancy and income on a shared basis.
• ＋A comparative view of risks, without introductions or negotiation.