Post on 11-Jul-2020
BUILDING CONSULTANCY | ITALY
2017
PROTECT INVESTMENT VALUE
4
CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (in terms of 2016 revenue). The Company has more than 75,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through more than 450 offices (excluding affiliates) worldwide. CBRE offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; mortgage banking; appraisal and valuation; development services; investment management; and research and consulting.
CBRE GROUP
75.000+STAFF
450+OFFICES*
111COUNTRIES*(*ESCLUSI AFFILIATI)
21.650STAFF 150+
OFFICES*65COUNTRIES*
600+STAFF
5 OFFICES
SERVICES:
Advisory and Transaction Services High Street
Advisory and Transaction Services
Industrial & Logistics
Advisory and Transaction Services Office
Advisory and Transaction Services Retail
Asset Services
Building Consultancy
Capital Markets
Global Workplace Solutions
Hotels
Valuation & Advisory Services
5
BUILDING CONSULTANCYA WIDE RANGE OF BUILDING CONSULTANCY SERVICES
PURCHASE SALE Technical Due Diligence
Environmental Due Diligence
Analysis of building energy performances
Rectification Permit
Web Data Room
Measurement check
DEVELOPMENT Town planning feasibility study
Due Diligence for development
Development monitoring
Project monitoring
Loan monitoring
Reinstatement Cost Assessment
Technical consultancy for obtaining new
retail licenses
MAINTENANCE Preventative maintenance plan
Energy assessment
Analysis of building energy performances
GRESB report
LEED In-Use
BREEAM In-Use
Web data room
6
TEAMA DEDICATED PROFESSIONAL TEAM FOR EACH BUILDING CONSULTANCY PROJECT
BUIL
DIN
GM
&E
Federica SaccaniExecutive DirectorHead of Building Consultancy Italy
Francesca MinolaSenior Building Surveyor
Esther MorelliAssociate Director Building Surveyor
Carlo Alberto MontiDirector Mechanical & ElectricalEngineer
Giulia CerioliSurveyor Mechanical & ElectricalEngineer
Piergrabriele AndreoliDirector Energy
Andrea PettinariSenior Building Surveyor
Serena RidolfiJunior Building Surveyor
Stefania PetraruloBuilding Surveyor
Raffaella CocchiSenior Building Surveyor
Stefania ColomboAssistant
7
6 BILLION ASSETSWITH 10 PEOPLE TEAM
BCD ITALY 2016 RESULTS
Photo: Qatar Holding | Porta Nuova MilanTDD | 225,000 sqm
6mlnSQM SURVEYED
120ENERGY
PERFORMANCE CERTIFICATE
250DUE DILIGENCE
REPORTS
110FIT FOR SALE
BUILDING PERMITS
85REINSTATEMENT COST
ASSESSEMENT
KEY NUMBERS
8
DUE DILIGENCE
Acquiring commercial premises for investment involves the adoptionof potentially significant liability and risk. Building or mechanicalservices failure, statutory or the emergence of previously undiscloseddefects in structure or fabric can materially impact on investmentvalues or give rise to unexpected financial liabilities for repair orremedial work. Furthermore, in Italy non compliance to the extent ofbuilding titles can have an impact on transfer of the property.
Investors will need to understand how the specification standard,compliance and condition of a building may have a detrimentalimpact on value.
CBRE Building Consultancy is a specialist group which pro- videsdetailed advice to investors, allowing them to enter into contracts forpremises with clarity about the liabilities that flow from ownership ofa property.
As part of CBRE, the largest real estate advisors in the world, wespecialize in scale and complexity, but that doesn’t mean we are notequipped to deal with building surveys of all sizes, and all types ofuse and forms of construction
In Italy, it is essential to confirm that any building being inspectedcomplies with a number of statutory regulations. These have asignificant effect upon value as nonconformity can affect both valueand marketability.
AIMS AND METHODS
9
A building survey is an essential ingredient to any property acquisition. It provides clarity about complex technical issues, highlightspotential risk areas, identifies and quantifies liabilities, and offers an enhanced position from which to negotiate
We have specialized in this area which lies on the boundary between the legal and technical fields of knowledge. Once thescrutiny of documents is complete, we would liaise with the client’s legal advisers to confirm our findings, and then the survey teamin order to compare the built structure with the approved documentation
For investors, the preservation and continuity of the income stream, and the potential for rental growth are both paramount.Equally, the overall quality of the building will contribute to perceptions of value in the investment market. Whilst it may betempting to assume that the obligations in a lease which are commonly described as ‘full repairing’, may take care of any issuesof disrepair or defect, this is by no means completely the case. Fundamental defects may be so far-reaching that they lie beyondthe scope of the tenants repairing obligation, leaving the landlord exposed.
BUILDING CONSULTANCY TO INFORM THE NEGOTIATION OF SPA
DUE DILIGENCE
10
8%
29%
2015 2016
• Energy assessment
• Analysis of building energy performances
• GRESB: report
• Preventative maintenance plan
• LEED in use
• BREEAM in use
BUILDING CONSULTANCYGOING GREEN
+30%Sustainability is an essential factor to any building acquisition *
*Source: Italian Investor Survey 2017 – CBRE Research Italy
11
The most qualified professionals in the Italian real estate
Team work to get the best results
Solid experience in negotiating outcome of the Technical Due Diligence and SPA
Building consultancy’s track record covers 20% of the Italian real estate finance transactions
Interaction with the Capital Markets and Valuation Department
Ability to offer complementary services such as: Environmental Due Diligence, Analysis of building energy performances, Rectification Permit, Town planning feasibility study, Project Monitoring, Loan Monitoring, Preventative maintenance plan, energyassessment.
WHY CBRE?
12
MAIN CLIENTS
BOSCOLO UNICREDIT LEASING FUTURA IMQATAR HOLDING CARREFOUR THEBLACKSTONE GROUP JP MORGAN UBILEASING IDEA FIMIT ENI FONDIARIA SAI CBREGLOBAL INVESTORS MONARCH LPINVESTINDUSTRIAL BENI STABILI LA SALLEINVESTMENTS BANCO POPOLARE CREDITAGRICOLE CDP POLIS FONDI BANCA IFISDEUTSCHE BANK REAM SGR SIAE WINDVALTUR AEW AMAZON BNP PARIBAS REAMSGR TH REAL ESTATE INTERNOS SAVILLSINVESTMENT MANAGEMENT CORNESTONECUALBU GENERALI HINES KRYALOS
Blackstone | Project Gataway Airone e Valecenter TDD | Shopping Centres 83,507 sqm
REAM SGR | Piazza Cordusio Milan TDD | 10,500 sqm
13
Monte dei Paschi di Siena | CentroSicilia Sicily TDD | Shopping Centre 116,000 sqm
Blackstone | RCS Building MilanTDD | 26,000 sqm
Credit Agricole Corporate Banking | Taormina SicilyTDD | Luxury Hotels
14
ABOUT US…
“Thank you all for the hard work in getting this to completion. There werea number of steps to get from signing to closing and really appreciate thehard work from each one of you. What a superb team work!”
“”
KEY CONTACT
FEDERICA SACCANIExecutive Director
Head of Building Consultancy Italym: +39 02 303 777 1
e: federica.saccani@cbre.com
16www.cbre.it