Real Estate Restructuring

Whether you are an owner, investor or occupier, real estate forms a crucial part of any organisation’s strategy and is often a key consideration during times of change or distress. And as the ways we interact and use physical space change due to rapidly changing behaviours, technology and environmental considerations, this is becoming more important.

We provide advice to stakeholders who want to:

• Understand their existing or prospective tenant covenant strength, either at an individual or on a portfolio-wide scale;
  
• Protect asset value and income when faced with a tenant default or insolvency;
  
• Understand available options for an under-performing asset, including asset management in existing use, redevelopment, repurposing and/or change in ownership;
  
• Optimise their organisation’s property cost base and right-size their estate to reflect their future operating model;
  
• Access new debt or equity capital for a distressed asset or portfolio;
  
• Consider enforcement / insolvency options that will best preserve value and optimise stakeholder outcomes; or
  
• Adapt their owned or leased real estate to prepare for a sustainable future, including transition to Net Zero.

Our diverse team encompasses chartered surveyors, turnaround and restructuring experts and insolvency practitioners, bringing you varied skills, experience and perspectives to ensure that every avenue is explored as we seek the best outcome to suit your needs.

We have significant breadth and depth of experience in a range of real estate restructuring situations, meaning we understand the key value drivers in a fast-changing sector. Our deep technical experience also helps us to quickly adapt to new challenges and opportunities, including those arising out of Covid-19 legislation.