Issue 01 · Acquisition due diligence

The £500,000 profit that disappeared before construction began.

Why development profits are often lost before the site is purchased—and how to challenge the assumptions before they become commitments.

Do not ask only, “Does the deal make a profit?”

Ask which assumptions create that profit, what evidence supports them, and what would cause each one to change.

One site. Six tests.

A viable acquisition needs more than a positive residual. The opportunity should survive six connected tests before commitment.

01

Planning

Can the assumed use, density and massing be supported?

02

Physical

Can the design actually be built on this particular site?

03

Cost

Does the budget reflect the scheme, including abnormal work?

04

Funding

Can the programme and cash requirement carry delay?

05

Market

Are values and absorption supported by local evidence?

06

Exit

Is there a credible alternative if the preferred strategy stalls?

Take better questions into your next site review.

The 20-point acquisition checklist separates what is evidenced, what is assumed and what remains unresolved—before land is bought.

Download the checklist

An experienced second opinion before more money is committed.

Practical, commercially focused reviews for developers, investors and funders considering an acquisition or managing a project already under way.

Every instruction is confidential and independently scoped. Fees are confirmed in writing before work begins.

01

Initial consultation

£250–£350

A focused discussion of the project, principal concerns and immediate priorities, followed by a concise action note.

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02

Desktop project review

From £950

A review of the information provided, identifying the principal commercial, design, cost and delivery risks.

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03

Acquisition & development review

From £2,000

A detailed review of the appraisal, programme, planning, design, funding assumptions and proposed exit strategy.

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04

Ongoing project monitoring

From £750 per month

Independent oversight of progress, emerging risks, costs, information requirements and decisions requiring attention.

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Not sure which review is appropriate?

Send a brief outline of the project and the decision you are facing. We will respond with the most proportionate next step.

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Experience without the property-guru theatre.

The Development Brief provides practical, commercially focused guidance for emerging developers and investors moving into more complex projects.

It is edited by Joe Jordan MRICS, a chartered surveyor with four decades of property development experience across the UK and Europe. The emphasis is on the decisions that protect value: acquisition, appraisal, design coordination, funding and delivery risk.

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