With the pressure of short timescales and abortive costs, achieving a thorough understanding of an investment opportunity can be a challenge. FSP’s Pre Acquisition / Pre Financing consultancy moves quickly and deploys the leading team of industry experts to produce cost effective, reliable advice.
In 2009, FSP for example undertook consumer research, competitor appraisals, rental risk assessments and devised asset management strategies for a portfolio of 11 retail parks, in less than a month. More recently, FSP has provided Pre Acquisition and Pre Financing advice to AREA Property Partners, Deutche Bank, Hermes, Praxis Holdings and PruPim leading to the acquisition of schemes such as ARC (Bury St Edmunds), Shopping City (Salford) and Trinity Walk (Wakefield).
Typical FSP Pre Acquisition advice is provided in three areas, which include:
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Customer Opportunity - catchment data, leakage, spending growth and benchmarking
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Current Asset Performance – retail performance, rental income risk and space optimisation
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Detailed Pre-Acquisition Strategy - performance targets, development options, tenant mix, absent retailers and asset management strategy Keynes
FSP has very helpfully set out the trading risks and opportunities in this investment opportunity
Krysto Nicolic
Area Property Partners