
Acquisitions
Before buying momentum overrides judgement
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Buying decisions are often made too quickly.
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A property looks right. The price feels workable. Advisors are engaged and momentum builds.
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Good acquisitions often fail because excitement outruns judgement.
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The problem is that many of the risks that matter most don’t show up until later, once surveys, valuation, planning and legal work start to bite.
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DCRE is typically brought in when:
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the asset is non-standard, listed, mixed-use or constrained
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the buyer is new to this type of property
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the opportunity feels compelling, but hard to explain clearly
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surveys, planning or future works are likely to be uncomfortable
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a wrong purchase would be difficult or expensive to unwind
Our role is to assess whether the property genuinely supports the decision to buy, before commitment hardens.
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That includes:
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testing value in realistic ranges, not headline pricing
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assessing condition, constraints and future obligations
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interrogating how the asset will be viewed by lenders and buyers later
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identifying where optimism is masking risk
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clarifying what ownership will actually involve day to day
This work is not about finding reasons to walk away.
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It’s about ensuring the buyer understands exactly what they are stepping into, and whether that aligns with their objectives, appetite for risk and long-term plans.
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Many bad acquisitions look sensible at the point of purchase.
The cost only becomes visible later.
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Our involvement is about reducing the chance of that happening.