When a decision is made to divest a property asset, investors have found an effective way to smooth the sales process is providing an accurate Vendor Technical Due Diligence report for potential purchasers to review.  Vendor reports prepared by Mansfield Property Advisory help our clients meet their disclosure obligations and present the asset in the clearest light allowing purchasers to formulate a realistic view on the risks associated with acquisition.

Vendor Technical Due Diligence reports cover the same areas of investigation as a purchaser report but are prepared for the benefit of the Vendor.  Reports are typically disclosed to potential purchasers during the sales campaign on a non-reliance basis.

In a typical sale campaign it is advantageous to engage MPA as early as possible.  We can work with the Vendor to identify key risks that would concern potential investors, allowing these risks to be mitigated prior to the campaign going “live”.

Benefits of involving MPA in your sales strategy include;

• Early identification of issues that may hinder smooth sales process

• Opportunity to put strategies in place to mitigate issues and alleviate price challenges

• Present property condition in clear light, meeting disclosure obligations and identifying capex projects and upgrades

• Shorten sales process and reduce potential for unexpected issues to block the transaction.