Distressed Development Solutions

BCQS can unlock value for distressed properties prior to or during receivership through “work out solutions”. BCQS mitigates losses and maximises value of potentially defaulting property loans provide greater value and future gain for all concerned. Our recommendation to the industry is to avoid the temptation for a distressed sale of assets, and undertake a “work out” solution prior to sale.

A workout solution will identify the financial exposure and propose a plan to mitigate losses and maximise values for the distressed property. Typically, clients will find that they will recover significantly higher values from a work out solution.

In undertaking this process, BCQS will look at all angles to preserve value for the client which could include one or more of the following exercises:

Renegotiation of lease terms

Evaluation of assets

Restructuring of business or development to create value

Evaluation and renegotiation of the contractual liabilities

Repositioning of assets for alternative tenants and buyers

Identification and streamlining of all future capital expenditure requirements

Re-procurement of future expenditure items to take account of current lower material and tender prices

Re-phasing of development (if applicable)

Stepping in and taking control of the outstanding development (if required)