TECHNICAL
CONSTRUCTION AND COMMERCIALLY CONSIDERED DUE DILIGENCE
ADVICE
SERVICES
Preconstruction Planning
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Architectural
Modelling
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Construction
Management
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SERVICES
Development Monitoring
Development monitoring should be considered when a transaction involves development work that is not under the client’s direct control. The due diligence will ensure that the technical aspects of the scheme are understood, the correct documentation is in place and that the works are completed to the correct standard and specification.
We undertake due diligence of construction projects, from an initial assessment of the scheme through to on site monitoring of the works. This includes a detailed pre-construction review covering procurement, appointments, plans and specifications, costings, programme, warranties etc. This is followed by site inspections during construction to monitor progress, quality, compliance and costs.
Successful development monitoring relies on experienced surveyors with a broad knowledge of procurement, design and construction in addition to a commercial understanding of property transactions.
Acquisition Surveys
When a transaction involves a property asset, an acquisition survey should be considered. We consider that a good acquisition survey is not just a catalogue of construction defects, but an assessment of the construction issues and the property related matters. In our experience, compliance and property related issues are often more problematic for a transaction than construction defects.
We have experience of undertaking acquisition surveys on behalf of any party to a transaction, on all types of commercial property including; offices; shops; retail; industrial buildings; leisure buildings; hotels; care homes and car parks.
Reinstatement Cost Assessments
We undertake Reinstatement Cost Assessments on individual properties and small portfolios. We provide our assessments on a ‘Day One’ basis which includes allowances for demolition and fees, and is a recognised basis within the insurance industry. Our rates are based on our own construction cost data as well as published cost information, but if the property is complex or unusual, we are able to draw upon the knowledge of cost consultants.
General Technical Advice
With our significant building surveying experience on a very broad range of property assets, we are able to provide independent in-depth general technical construction consultancy services to assist clients with specific one-off issues.
Schedules of Condition
If you have an interest in a property, then you may need a schedule of condition to protect that interest. A schedule of condition needs to clearly and logically record the condition of the property in order to avoid future disputes. It also needs to reflect the specific requirements of the client, the uniqueness of the property and the circumstance of the transaction.
We are able to prepare schedules of condition at short notice, liaising with the client and their legal team to help provide timely and professional advice.
Tenant Fit-out Approvals
The impact of a tenant fit-out on the structure, fabric and M&E services in a property can be significant. We therefore provide advice to landlords to enable them to agree tenant’s fitting out works for inclusion in a Licence for Alterations. The service involves a review of the fit out proposals and ensures that all identified issues are addressed. During the fit out, the works are monitor for compliance with the agreed details and signed off on behalf of the landlord. At completion, a full set of ‘as-built’ information is obtained for attachment to the Licence for Alterations.
ABOUT
Dixon Wright Building Consultants
Dixon Wright Building Consultants was founded in 2015 by James Way following 25 years of experience advising investors, landlords, owner occupiers and tenants throughout the UK and Mainland Europe as a partner at Drivers Jonas and director at Deloitte Real Estate, where he headed up the London Building Consultancy Team.
Having obtained degrees in both general practice and building surveying, James has a broad understanding of the property industry, and this has enabled him to provide both technical and commercial advice to his clients. This advice has been greatly valued and has ensured that he has enjoyed a significant amount of repeat business resulting in James working for many clients for over 20 years.
Drawing on this extensive building surveying experience, and in particular his specialism in technical due diligence and development work, Dixon Wright Building Consultants specialises in delivering high quality, commercially considered technical construction and due diligence advice.
The business is founded on strong principles and recognises that the property industry is also a people business. Client and industry relationships are therefore very important and Dixon Wright Building Consultants is trusted by many for the approach, commerciality, diligence, fairness, respect and professionalism given to every project.
2015
Year Established
£375m
Construction Value Monitored
£600m
Asset Value Surveyed
£1bn
Assets Advised On
SECTORS
Sector experience that James has gained during his career with Drivers Jonas, Deloitte, and more recently with Dixon Wright Building Consultants, is set out below.
Healthcare
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13 Care Homes (60 to 120 Beds) – Development monitoring / RCAs - Octopus Real Estate.
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2 Care Homes (70 & 77 Beds) – Development monitoring / RCA - LaSalle Investment Management.
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6 and 8 Property Portfolios – Acqisition surveys/ RCAs – Octopus Real Estate
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Wiltshire & Gloucestershire – Retirement Living & care home - Development monitoring - A fund.
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5 Care Homes, Suffolk – Development monitoring - Schroder UK Property Fund.
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6 Assisted Living developments – Development monitoring - LaSalle Investment Management.
Student Accommodation
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Brighton (555 Beds) - Development Monitoring / RCA – Gravis Capital Management.
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Egham (178 Beds) - Development Monitoring / RCA – Gravis Capital Management.
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Reinstatement Cost Assessments of 2000+ student beds.
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Circus Street, Brighton (450 Beds)- Development Monitoring / RCA - Gravis Capital Management.
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Water Lane Apartments, Bristol (153 Beds) - Acquisition survey – A fund.
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Cartwright Gardens (1250 Beds) - Development Monitoring - The Worshipful Company of Skinners.
Offices
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Circus Street, Brighton - Development monitoring - Gravis Capital Management
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Unilever House, London – Development monitoring / technical advisor - Unilever.
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St Swithins Lane, London – Development monitoring / technical advisor - NM Rothschild & Sons.
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Leeds Valley Park, Leeds – Leasehold acquisition survey - Lowell Group.
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Lewins Place, Bristol – Acquisition survey - Bristol City Council.
Industrial
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DC2, Stoke on Trent - Development monitoring - LaSalle Investment Management.
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Harts Farm Way, Havant - Development monitoring / RCA - LaSalle Investment Management.
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Stobart, Manchester- Technical advice – TH Real Estate.
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Hartlebury Trading Estate, Warwickshire – Acquisition survey / Cost advice - Schroder UK Property Fund.
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Lyons Park, Coventry – Development monitoring / Licence for Alterations / RCA - LaSalle Investment Management.
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Basildon & Aylesford – Development monitoring / Licence for Alterations - LaSalle Investment Management.
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Western Way, Wednesbury – Acquisition survey / RCA - TH Real Estate.
Retail
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Sainsburys, Hoddesdon – Acquisition survey/ RCA - TH Real Estate.
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Tesco, Portsmouth - Acquisition survey/ RCA - TH Real Estate.
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Lidl & Starbucks, Cheltenham - Development monitoring / RCA - LaSalle Investment Management.
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Portfolio Acquisition Due Diligence / RCA - TH Real Estate.
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Victoria Square Shopping Center, Belfast – Technical advisor - Department of Social Development.
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Booths, Penrith – Development Monitoring - LaSalle Investment Management.
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House of Fraser, Carlisle & Darlington – Acquisition surveys / cost advice / RCAs – TH Real Estate.
Leisure
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Premier Inn, Wembley - Development monitoring - LaSalle Investment Management.
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Travelodge, Chester – Development monitoring - LaSalle Investment Management.
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Odeon Cinema, Huddersfield – Acquisition survey – TH Real Estate.
Other
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Three Car Showroom Portfolios across the country – Acquisition surveys - Institutional investor.
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NCP & QPark - Croydon, Sheffield and Cambridge (600-1000 spaces) – Acquisition surveys - Bouwfonds Real Estate Investment Management.
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Dingwall Road NCP Car Park, Croydon - Acquisition survey, dilapidations and technical advice - Schroder UK Property Fund.
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Self storage facilities – Acquisition surveys - Institutional investor.
PROJECTS
CLIENTS
TESTIMONIALS
James’ personable manner and wealth of experience makes him a valuable asset to have on the team of any healthcare development project.
We have worked with James for a number of years on a wide range of projects, including both new developments and standing assets. His insight, detail and professionalism are incredibly valuable to us, as is the clarity of opinion he provides at all stages of a project.
Octopus Real Estate
Freddie Richards
Investment Director
Bridges Fund Management
CONTACT
Contact
Office
The Grange
New Road
Tadworth
Surrey
KT20 7TA
