|Term:||02/2020 – 03/2020|
|Location:||H – Budapest, Váci street corridor|
|Services:||Technical due diligence (TDD)|
Built in 2003, the 9-level, 16,000 m² Business Centre 140 office building is located in one of the prime business centres of Budapest in the Váci út corridor.
In the assignment, we gave technical support to Etyo property development consultants to promote decision-making during the investment procedure. We were responsible for making a detailed survey of its technical condition and preparing a cost estimate to support the property transaction.
During the assessment we reviewed the completeness and legality of the available documentation, identified technical damages to the building, prioritised the items that needed renovation and made cost calculations for the renovation strategy. The timely information and the recommendations we provided efficiently promoted the development process.