TA Europe was commissioned to conduct a portfolio due diligence for the transaction of a large portfolio of over 40 office buildings in Finland, France, Germany, Hungary, Italy, Netherlands and Poland. Main focus was the plausibility check of the vendor’s due diligence reports and the confirmation or adjustment of the proposed Capex profile.
Within three days after reception of the client’s request, we mobilised an international team of consultants and experts who then reviewed the vendor’s reports and inspected critical properties within a very limited timeframe of only 5 business days.
Due to the very tight deal timeline, it was crucial to implement efficient project gateways and milestones:
- reviewing the vendors reports and the data room
- scanning the portfolio’s key data on a high level
- conduct plausibility checks of critical properties on site
- comment on vendors CAPEX sheets and amend unreflected risks
- come up with smart and efficient solutions for potential high risks
Our client benefitted from TA Europe’s large European network of specialists and consultants who enabled to move the project forward quickly and efficiently. Local experts in each country were directly involved to ensure that country-specific regulations, specifications and cost assumptions could be reviewed and adjusted appropriately.
TA Europe delivered the following services:
- Data room review
- Site visits and inspections
- Red Flag Reports
- CAPEX reports´
- Identification of key risk factors
Although our client’s bid was not successful at the end, TA Europe is very proud that we again were again able to take advantage from our impressive European network, which we have established in the past years. TA Europe’s business is based on like-minded, highly motivated partner offices, experts and freelancers who are able to work and respond in the same speed and quality as our clients are used to work.