Duff & Phelps Real Estate Advisory Group Select Transactions

Duff & Phelps provides an array of valuation and corporate finance advisory services, including sell-side and buy-side advisory, fairness and solvency opinions, purchase price allocation, technical due diligence, property asset management, project monitoring, business incentives advisory and property tax consulting.  

Select transactions are highlighted below.

 

Property Tax Services

Brixmor Property Group

Blackstone forms Brixmor after purchasing shopping centers from Australia based Centro Properties Group.

Project Monitoring

BMO Real Estate Partners 

has bought residential property development of 120 apartments and approximately 1,500 m² retail space Independent real estate consultant in the transaction.

Sell Side Advisor

Duff and Phelps Advised CMIS

has partnered with

Surgical Care Associates

Fairness Opinion

has acquired a portfolio of 81 tenant sites located in 21 states from its sponsor, Landmark Dividend LLC, for total consideration of USD 25.2m.

Real Estate Transaction Consulting

UniCredit

La Rinascente department store has been sold by Unicredit S.p.A. Independent real estate advisor to the DAM department of Unicredit S.p.A .

Fairness Opinion and Valuation Advisory

 Strategic Hotels & Resorts

Strategic Hotels & Resorts, Inc. has been acquired by Blackstone Real Estate Partners VIII L.P. Financial advisor to the board of directors of Strategic Hotels & Resorts, Inc.

Valuation Opinion

La Quinta

Affiliates of Blackstone contributed the interests of certain entities to La Quinta Inns & Suites prior to its IPO. Advised the General Partners of Blackstone Real Estate Partners IV and V.

Property Asset Management

Allied Irish Bank

Allied Irish Bank enforced developer loans secured over a 50% interest in a north Dublin Business Campus.

Valuation Advisory

Chambers Street

has been acquired by

Gramercy Property Trust

Valuation advisor to the management of Gramercy Property Trust and Chambers Street. Properties

Fairness Opinion

Paramount Group Inc

Paramount Group consolidated its real estate holdings and its management company as part of its conversion to a REIT and IPO.

Property Asset Development

National Asset Management Agency

The National Asset Management Agency (NAMA) enforced the security over property developer loans and placed the assets in Statutory Receivership for asset management and sale.

Solvency Opinion

Simon Property Group

has completed the spin-off of

Washington Prime Group Inc

Business Incentives Advisory

Diebold
Duff & Phelps assisted Diebold with business incentive advisory services and partnered with their real estate advisors to determine the best option for the company, e.g. expanding their existing HQ and consolidating other operations into the campus or relocating the HQ to a new state. 

Fairness Opinion

Empire State Realty Trust

Malkin Holdings LLC consolidated certain properties and its management company into an operating partnership as part of its conversion into a REIT and IPO. Advised the Board of Directors of Malkin Holdings LLC.

Independent Valuation

Allianz
"Fiumara" shopping and leisure center (Genoa, Italy) has been acquired by Allianz Real Estate in a share deal real estate transaction. Independent real estate advisor to the Investment Committee of the Board of Allianz Real Estate (“the buyer”).