Our individual and solution-orientated advice includes in particular
We work closely with the German Property Federation (ZIA) and are a member of the Committee for Transparency and Benchmarking.
Our support guarantees your success
KPMG's Real Estate Turnaround & Restructuring team supports you at an early stage in the development of your strategic direction. The main focus of our real estate business orientation is to secure your liquidity even in difficult situations. Of particular importance here is the determination of capital requirements, taking into account changing framework conditions. Not only the current development of the framework conditions, but also the pressure to take action to align the property portfolio in line with sustainability generally leads to additional, previously unplanned capital requirements.
We primarily advise companies, management boards and executive boards in the property sector as well as financing banks in the property sector.
Our service overview for project developers and portfolio property owners in all asset classes.
Preparing and managing business decisions at an early stage to ensure the strategic ability to act
Various megatrends in the property industry are currently prompting companies to rethink and adapt their strategic direction. Business decisions should be prepared and managed at an early stage in order to ensure the ability to act and profitability. The pressure to align the property portfolio with sustainability is increasing. The expected demographic development and changing needs are resulting in a decline in demand, including in the office and retail asset classes. It is essential to take megatrends into account in liquidity planning. This results in the determination of additional capital requirements.
Feel free to contact us with any questions or challenges you may have.
Stable decision-making: create transparency, reduce uncertainty, minimise risks
Capacity bottlenecks in resources, areas and trades are typical challenges faced by our customers. The lack of transparency, possible calculation errors in planning calculations and disagreements between stakeholders often lead to project delays and therefore higher costs. Imputed securities are usually included to cover cost overruns. However, there is often a lack of transparency regarding their actual utilisation.
Feel free to contact us with any questions or challenges you may have.
Sustainably securing the ability to service debt: identifying options for action, organising refinancing, restoring profitability
Possible liquidity bottlenecks should be recognised at an early stage in order to be able to initiate measures to secure liquidity and safeguard the company's existence. At the same time, structural measures can be established to stabilise the ability to service debt. Risk diversification must be taken into account as part of repositioning. This includes the composition of the portfolio in order to secure the basis for future cash flows. Our approach to dealing with uncertainty involves modelling scenarios that allow us to react quickly, flexibly and appropriately.
Feel free to contact us with all your questions and challenges.
Clear communication of your options for action: Maintain a relationship of trust, accompany negotiations and support decision-making processes
As an extraordinary situation has arisen not only for the companies, but also for the stakeholders and financiers involved, clear and respectful communication is particularly important. At present, it is particularly important to stabilise the relationship of trust between the parties involved. The support of an independent expert has a positive influence on negotiation and decision-making processes.
Feel free to contact us with any questions or challenges you may have.
Understanding the end as your new beginning: Shaping insolvencies, engaging stakeholders and positioning for a fresh start as an opportunity
Many companies are currently facing financial burdens that they can no longer bear. For each company, it is important to adequately assess which form of organisation makes sense for the further development of the company. Depending on the financial and operational situation, different exit scenarios can be considered. In addition to a voluntary out-of-court reorganisation, pre-insolvency StaRUG proceedings, insolvency with insolvency plan proceedings or even the sale of the company can represent a sustainable reorganisation option for the company.
Feel free to contact us with all your questions and challenges.
Utilise your opportunities with motivation: Meet challenges powerfully, avert risks proactively and steer the future with confidence
A well-founded analysis of the status quo is essential in order to identify and sustainably implement adequate measures for strategic and operational restructuring. It is essential to restore competitiveness and profitability and thus economic stability. This secures the existence of the company. The success of individual restructuring projects lies in the feasibility of their implementation. Our experience helps to define individual potentials and realise them in a structured manner.
Feel free to contact us with any questions or challenges you may have.
Changing financing conditions, the need to invest, not least due to ESG issues, and more difficult conditions for property buyers will have a significant impact on the medium-term financial scope for all asset classes. Strategic decision-making has become significantly more relevant. Business decisions must be prepared and managed at an early stage in order to ensure the ability to act, profitability and thus competitiveness. For example, additional investments in the context of ESG criteria or necessary risk buffers must be mapped within medium and long-term liquidity planning. This additional capital requirement has not been taken into account in planning to date.
Such strategic decisions should be based on transparent cost, financing and liquidity planning that takes the future into account quantitatively in the form of different scenarios. Identifying sensible options for action by modelling possible scenarios is essential in order to be able to react quickly and flexibly.
We identify relevant options for action and organise refinancing to restore profitability in order to secure your ability to service debt in the long term. The preparation of planning calculations in the form of scenarios, support in liquidity management and the determination of capital requirements based on this are of central importance here. A high information content is essential for building trust with all investors and other stakeholders and contributes to optimised decision-making. We provide support in communicating and, if necessary, discussing the options for action with all stakeholders in order to maintain the relationship of trust even in difficult times and to shape the future direction.
News on turnaround, reorganisation, insolvency and distressed M&A
News on turnaround, reorganisation, insolvency and distressed M&A
Senior Manager, Performance & Strategy - Turnaround & Restructuring
KPMG AG Wirtschaftsprüfungsgesellschaft
Partner, Financial Services, EMEA & Global Head of Asset Management Tax
KPMG AG Wirtschaftsprüfungsgesellschaft
