Large scale Portfolio Instruction
A large real estate investment fund based in Scotland included a portfolio of a number of properties across the UK with assets in England, Wales and Scotland.
xburo’s team of asset engineers were able to split the portfolio into regions and focus the teams’ attention to ensure a quick turnaround. A number of assets were inspected over a three-week period and reported within a four-week period. This project was a challenge due to logistical requirements however xburo rose to this challenge to ensure a successful acquisition.
There were a number of challenges in the portfolio inspections and, in this case, logistics were key and the clients’ desire to conclude the acquisition in a short time frame was met. By understanding what drives clients in the acquisition of the portfolio, xburo was able to inspect and prevent summary reports within 48 hours of inspection and provide a formal report within five days of the inspection. This was fully costed so the client understood the liabilities that would be required by the portfolio.
Benefits to the client
- Extensive experience in delivery of technical due diligence surveys (TDD)
- Expertise of Mechanical team – led by Director Michael Gribben and supported by the team at xburo.