Building developments are far from simple investments and anyone providing project finance needs to minimise their risks. In the worst case scenario banks can even be left with half completed developments, absent developers and unpaid contractors. However there are many ways to mitigate these risks. By involving our team from the outset is an excellent way to help you avoid the pitfalls and maximise returns.

We can provide you with advice on bonds, facility letters, guarantees, insurance, joint ventures, innovations, project team contracts, project management, risk management, step-in rights and collateral warranties.

We also ensure that loan funds are adequately secured against the building, protecting the investment and leaving you with useful options if a project fails.For example we can create and safeguard the option for you to complete a development yourself or sell it on.

We know the industry very well and we are very well-placed to advise you on all contractual matters. If any difficulties arise we also have the experience to find the best solution for you. This can often be done amicably through negotiation, arbitration or mediation but where necessary we will pursue and defend our clients’ rights through court action.

The best approach is to anticipate problems and avoid them. By working closely with you from the start of a project we can help to keep your costs down and guarantee the strongest possible negotiating position.

For more information please contact Keith Bishop or Karyn Watt.