At PPI we use the judgement and experience acquired over the last 25 years of successful commercial property investing.
The first question we always ask is: "is now a good time to buy property"? Like all assets, property is cyclical and there are periods when assets are undervalued and periods when assets are overvalued.
If PPI has determined market conditions are favourable towards an acquisition, we then put any potential acquisitions through a rigorous analysis both from a physical and financial perspective.
From a physical perspective, consideration is given to a multitude of factors such as the regional demographic profile and likely future growth prospects; retail competition to the asset within the primary and secondary catchment areas, the age and maintenance history of the improvements; tenant mix and the future development potential.
From a financial perspective consideration is given to factors such as; the strength of the major lease covenants; tax effectiveness of the investment; likely rental reversions and the likely level of capital requirement.
It is only once this analysis is conducted and we determine the property fits acceptably within our risk-return matrix we offer clients the opportunity to "co-invest" with Harry and the other senior staff members of PPI.