Stephenson Building, Newcastle-upon-Tyne
Service
Acquisition and Due Diligence
Planned Maintenance
Contract Administration
Sector
Residential & Student
Size/Value
170,000 sq.ft/£140,000 Contract Value
Summary
We led the technical due diligence for the acquisition which included a concrete specialist to assess failures to exposed concrete elements of this 1930s former paint factory. Our reporting allowed the client to negotiate a price reduction.
We managed the remedial works contract with specialist technical input. Noisy concrete repair works were co-ordinated and phased to reduce disruption. Talisman sold the property to Knightsbridge during the works phase, with our report and specification being assigned.
Result
Our pro-active implementation of external maintenance works secured a swift re-sale, with assignment of our involvement facilitating the re-sale process.
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