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August 22, 2024
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National Hotel Portfolio
National Hotel Portfolio
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Client | Confidential |
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Budget | Circa $1bn |
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Services | Property Advisory: Financier Advisory |
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Sector | Hotel & Hospitality |
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Scope | Fitout & Remedial |
Service Provided
Property Advisory: Financier Advisory
Project Details
Spectrum undertook the technical due diligence review of a
$1bn+ 14-asset national hotel portfolio on behalf of a
financier, acting in the capacity of Lenders Project
Consultant. Spectrum managed the property due diligence
process for the portfolio, overseeing the appointment of
technical consultants, undertaking inspections, issuing RFIs
and preparing a summary report highlighting key issues and
risks identified.
Overview & Approach
- To support the increased student numbers resulting from the expansion of the College, the catering facilities were replaced to meet future demand and provide upgraded facilities .
- The new facility addresses all functional issues including capacity, circulation, storage, equipment quality and capacity, ventilation, safety and finishes. It also includes replacement of the existing roof and a new lift to address access issues in the building.