“The sale price was 11 per cent higher than the offers we received prior to engaging Colliers and the appointment of the Receiver Newpoint Advisory,”
Newpoint Advisory advocates delivery risk mitigation through detailed financial analysis of third party builders. Here we provide key 2023 benchmarks for comparing Tier 2 builders.
There has been a shift in the market regarding builder due diligence. From something that used to be considered ‘nice-to-have’, extensive pre-contract builder due diligence is now considered a must.
After two years of Covid-related pressures, unprecedented rainfall and construction-cost inflation for labour and materials have further impacted the Australian construction industry.
In 2022, Probuild entered Voluntary Administration with c$5bn worth of pipeline across Australia. We discuss the lessons from its administration and the warning signs for stakeholders on other projects.
Newpoint Advisory advocates delivery risk mitigation through detailed financial analysis of third party builders. Here we provide key 2022 benchmarks for comparing Tier 2 builders.