What We Do

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When a property development is stalled, over budget, delayed or facing financial, construction or delivery challenges, CDB provides an independent assessment and a practical pathway forward.

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We step into complex and distressed situations to establish exactly where the project stands, what has gone wrong, what remains to be done and what it will realistically take to complete, restructure or exit the development.

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Our role is to provide developers, lenders, finance companies and investors with a clear, independent view of the project's current position. We assess the physical works, financial position, contractual commitments, compliance requirements and key risks to establish the facts and identify the available options.

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Our work can include reviewing construction progress, project documentation, consultant information, contracts, pre-sale agreements, budgets, cash flow, funding requirements, cost to complete, programme and outstanding works. We can also undertake building inspections and compliance reviews to identify defects, incomplete works and regulatory issues that may affect the project's ability to progress or reach completion.

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From this assessment, we develop a practical recovery strategy tailored to the specific circumstances of the project.

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For lenders and finance companies, we can provide an independent assessment and clear recommendations on the most appropriate course of action. Depending on the circumstances, this may include completing the development, restructuring the project team, appointing new consultants or contractors, providing additional funding, refinancing, selling the project or implementing an alternative recovery or exit strategy.

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Our focus is on understanding the available options, the risks and costs associated with each, and identifying the pathway most likely to protect and maximise the value of the underlying asset.

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Where a decision is made to proceed with recovery, CDB can remain involved to help implement the strategy and manage the project through to completion.

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Our services include:

• Independent Project Assessment

• Development & Construction Review

• Construction Progress Assessment

• Pre-Sale Contract Review

• Building Inspections & Compliance Checks

• Defect & Outstanding Works Assessment

• Budget & Cost Review

• Cost-to-Complete Assessment

• Cash Flow & Funding Review

• Programme & Delay Assessment

• Development & Construction Risk Assessment

• Consultant & Contractor Review

• Independent Recovery Strategy & Recommendations

• Lender & Finance Company Advisory

• Recovery, Completion & Exit Strategy

• Consultant & Contractor Replacement

• Project Stabilisation & Recovery Management

• Lender, Investor & Stakeholder Reporting

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CDB provides more than an assessment of what has gone wrong. We help identify what should happen next — and, where required, provide the experience and practical support to implement the recovery strategy and move the development forward.​​