Skip Ribbon Commands
Skip to main content

Case Study

Strategic approach delivers strong result for Receiver

Jones Lang LaSalle was appointed by financial services firm Deloitte to market the sale of the Fairmont Resort, Blue Mountains, NSW, which following several years of neglect and considerable annual loss, resulted in the property being placed in receivership.
 
The resort required significant capital expenditure and was suffering from a very poor reputation; however the fundamentals of the asset were very good and it had a strong trade and income potential. Through a strategically marketed public Expression of Interest (EOI) campaign along with directly approaching our existing network of investors, Jones Lang LaSalle successfully generated interest from 55 qualified investors.
 
Of the 55 investors, six EOIs were lodged at the culmination of the market campaign. We then capitalised on this competitive interest by moving to a non-exclusive due diligence process. After final bids were lodged we negotiated and sold the asset for a price well above the pricing of the initial EOIs received.
 
For more information please contact Mark Durran, +61 2 9220 8973.

All Case Studies

 

 

Hongqiao Transportation Hub, Shanghai: Exploring real estate opportunities at the world's largest transport hub/case-studies/75/hongqiao-transportation-hub-shanghai-exploring-real-estate-opportunities-at-the-worlds-largest-transport-hubHongqiao Transportation Hub, Shanghai: Exploring real estate opportunities at the world's largest transport hub​​Hongqiao Transportation Hub is a rapidly developing 27 sq km commercial district in western Shanghai, centred around the Hongqiao airport and high speed rail station.
World Trade Center Redevelopment, New York: Rebirth of an Icon/case-studies/76/world-trade-center-redevelopment-new-york-rebirth-of-an-iconWorld Trade Center Redevelopment, New York: Rebirth of an Icon​​Providing real estate expertise and advice to guide the redevelopment of New York's most prominent site.
Battersea Power Station, London: Redevelopment of a London Icon/case-studies/77/battersea-power-station-london-redevelopment-of-a-london-iconBattersea Power Station, London: Redevelopment of a London IconBattersea Power Station, dormant and derelict for nearly 50 years is undergoing revitalisation as the centrepiece of one of the city's largest and most dramatic residential and mixed-use projects.