London Office Due Diligence
- HPF were commissioned by Omnicom to undertake due diligence reviews on two properties within the London area that had been shortlisted as possible consolidated office facilities.
- One of the buildings was a new development which was still in construction, the other a building that has recently been vacated by a financial services occupier.
- Surveys of the building and reviews of the existing O&M manuals were undertaken for MEP, vertical transportation, structural engineering and sustainability.
- As part of the exercise, asset replacement schedules were prepared to identify which plant items were likely to require replacing during the lease period.
- Following the short listing of Buildings 2 and 3 Bankside, additional reviews were undertaken and a final schedule of Proposed Client Actions in association with the lease prepared.