Real Estate Advisory Meaning:
Real Estate Advisory is a specialist service provided by boutique property firms and professional service networks to assist clients to provide commercial advice, project delivery services, transaction services, valuation services and technical due diligence on property. These providers cater to corporate, government and not-for-profit clients to deliver real estate objectives objectives whether as an an investor, owner, occupier or manager.
Specifically they can also assist clients to deliver due diligence (technical and commercial), building compliance, asset management to client requirements.
Firms such as such as PWC, BDO and KPMG offer property advisory services that may include access to leverage a combination of accounting, finance and real estate expertise such as principal developers, architects, valuers, management consultants and finance experts for advice ranging from individual properties through to entire portfolios. They can offer customized solutions for clients real estate investments, project delivery services, construction and lease audits, transactions, asset and portfolio management, financing and debt advisory. Related offerings can include tax structuring, corporate occupancy solutions, joint venture advice, business case investment, site selection services, lease audit advice and construction audits(contracts design drawings, landlord charges and janitorial audits).