REGAL 3 Real Estate
The opportunity looks good. The question is what it costs to find out.
Development and investment decisions are made early, on incomplete information, and they are expensive to reverse. We provide the commercial and financial analysis that helps you assess whether, and how, to proceed.
The decisions made before breaking ground shape the risks that follow.
Market demand, permitted use, infrastructure, construction costs, financing and timing interact. A change in one can alter the feasibility of the whole project, and by the time the effect is visible in the budget the decisions that produced it are usually already made.
REGAL 3 Real Estate is a developing advisory offering focused on the commercial and financial evaluation of property investments and development projects. The work is analysis, produced so that an owner or investor can weigh the decision on evidence rather than on the pitch.
Our areas of focus
Development Advisory
What a project could become, what it is likely to cost, and what could stop it. Feasibility, site and market assessment, budgets and delivery risk.
Explore Development AdvisoryInvestment & Transaction Analysis
Property underwriting, acquisition and disposition analysis, valuation review and investment diligence.
Explore Investment AnalysisProject Finance & Capital Analysis
Financing requirements and capital structures for an individual property or development project.
Part of Investment Analysis
How the divisions divide
Where Real Estate ends and Capital Advisory begins.
The two divisions work on different objects. Real Estate evaluates property and project economics, including the financing assumptions a specific development depends on. Capital Advisory handles corporate transactions and separately scoped financing engagements where authorised.
Modelling a project’s debt and equity is analysis and sits here. Going to market to raise it is a separate engagement and sits with Capital Advisory.
What an engagement produces.
- Development feasibility report
- Market and site assessment
- Acquisition underwriting model
- Development risk memorandum
Examples of work the service is designed to produce. They are not a record of completed REGAL 3 engagements.