Since the GFC the world of property development funding has changed. With increased prudential regulation and reduced risk profiles of the major financial institutions, there has been a significant increase in the Private Equity Funding space. This is coinciding with a core change to the way property development is delivered in this country. Joint Venture partnerships, diversified risk, and multiple funding sources are changing the nature of how property development is delivered.

With these changes has come the need for a higher level of expertise in the assessment of project risk, combined with the expertise to proactively monitor project delivery from inception to completion, and the ultimate aim of reducing delivery risk.

Rosel Sherwood utilises its 30 + years of experience in the property development and investment industry, to provide Independent Project Audit services to Principal Debt Funders, Private Equity providers, and Independent developers across the industry.

The core roles of the Independent Project Auditor include –

· Reviewing development proposals

· Reviewing and reporting on the accuracy of project feasibility studies

· Ensuring compliance with project conditions precedent

· Monitoring project progress against agreed milestones

· Site inspections and regular progress reporting

· Proactively identify and manage project risk

· Provide solutions and outcomes to reduce delivery risk and;

· Proactive communication with all stakeholders to provide risk mitigation

Rosel Sherwood brings its years of experience and knowledge of finance structuring, property development, development management, project management, and asset analysis experience, and have combined that with strategic partnerships, built up over many years with various experts and leaders in their fields, to provide a comprehensive Independent Project Audit service to its valued clients.