Real Estate Advisory
There are a number of challenges facing the property sector, and stakeholders are increasingly looking to maximise the value of distressed property assets. This may require significantly reducing costs which will affect stakeholders, including investors, owners and tenants.
Our team can advise on all real estate matters relating to restructuring, recovery and insolvency in the context of an operational business whether a single asset site or at multiple sites. We can prepare a strategic review of the options available or a contingency plan in the event of insolvency for both lender and borrower. Cork Gully has advised on retail, shopping centres, hotels, restaurants, leisure facilities, warehousing, offices and residential both here and overseas. Should a real estate project be partially complete our team can assist in completing the project to optimism stakeholder value and raising the finance required to do so.
We accept appointments as fixed charge receivers over property assets often in challenging circumstances with the intention of selling the asset of behalf of the secured lender(s) generating value for stakeholders. Alternatively, we can act as administrators or receivers over shares to facilitate a transaction where the asset is held within a company or group structure.
By working with lenders we can help manage the workout of a loan book or facilitate its sale coordinating with other professionals.