The Stages of the Property Life Cycle
From idea to gentrification, there are 10 stages in the Property Life Cycle all with differing skill requirements to ensure the best outcomes from your asset.
Where is your property on the asset Life Cycle?
From Property Development to Property Management it is important to understand all the stages of Property process and understand that each stage requires specialist skills, and that each stage delivers very different outcomes.
I have listed the Property Life Cycle in 10 stages as follows –
Sourcing the Opportunity
Understanding what drives your client, what outcomes they want to achieve (both tangible and intangible) and then matching that to the opportunities available.
Due Diligence Analysis
When a project is sourced, analyse the opportunity detail to unearth and assess all risks and rewards
Planning Approval
Guiding the project through the Master Planning and Town Planning Approval stages.
Pre-commitment
Seeking out tenant commitment for commercial projects or sales in residential projects
Funding Structures
Sourcing and securing the best funding structures that meet the clients’ criteria and the best financial outcomes for the project (One size does not fit all)
Design & Building Approval
Managing a team of specialist consultants to design the most efficient project that meets or exceeds the clients’ brief
Construction Delivery
Sourcing the best contractor for the project and working with that contractor to achieve the best project outcomes in terms of Time, Cost and Scope
Defects and Operational Handover
On completion of construction ensure a defect free handover with minimal operational issues
Property Management
The ongoing day to day management of the asset and its’ occupants ensuring longevity of financial returns and strong capital growth
Life Cycle and Portfolio Management
Understand the asset within the context of a larger portfolio, or in context of the market conditions as they change and evolve. When to sell? When to refurbish? When to expand?
At Rosel Sherwood we are experts in property and with over 30 years’ experience we provide leadership in all the different stages of the Property Life Cycle.
