Adventum Group brings value to Tesco portfolio

CBRE provided strategic technical due diligence (TDD) and ESG advisory that not only underlines the current physical conditions of this significant retail portfolio but defines the basics when it comes to improving technical and ESG performance for a sustainable future. The cross-border cooperation of the CBRE Building Consultancy teams during this unprecedented single process helped our client to close this milestone deal successfully.

Barna Harangi

Our Building Consultancy teams executed this transaction, unmatched in the CEE region, with 14 assets located in Hungary and 4 assets in the Czech Republic. Realizing the strategy of Adventum Group relied on our knowledge and expertise to measure both the technical and the ESG conditions of the properties.

The portfolio will continue to form a secure investment with the advisory provided by our consultants, which includes the comprehensive detailed survey of the buildings: from the structure and fabric to complex engineering systems, all considered from the perspective of condition, performance, lifecycle, compliance with legislation and CAPEX forecast.

Our summary reporting method focused on core technical and environmental areas to reinforce commercial negotiations and simplified the process with the seller and financing banks in a transparent way that was crucial for a successful outcome and for creating further opportunities.

Our Building Surveying & Cost Management tools in volatile construction times proved to be essential to set Life Cycle Costing on a portfolio level and served as a cornerstone element to invest in the future by establishing the framework and volume of refurbishments to develop a better performing ESG product on the market that also meets wider users’ and investors’ expectations.

Bence Mikes

The technical aspects together with ESG goals are critical to help redefine existing buildings ROI targets taking into account commercial factors that shape the built environment.

Through this strategic approach, the new direction - to receive green building certification, energy performance optimization, renewables implementation, CO emission reduction - will allow cutting energy demand and operational expenses significantly. Not only will this create an overall better performing portfolio for Adventum Group, but it will also attract well-known retailers to generate higher NOI.