Buying
A closer look before you buy.
From the first IM to the pricing and financing decision. You know which income is evidenced and which questions remain open.
- CheckIM Check
- ReviewAcquisition Review
- SupportNegotiation Support
The review
before your decision
Before an acquisition, before a sale
and for your existing assets.
We review the documents, calculate the interdependencies
and make your position evidence-based.
The IM states an income figure. The documents show what supports it. We read both, check the figures and back every discrepancy with its *source.*
01 / OUR STANDARDFROM OUR REVIEWS.
Leases, costs and building services
reviewed a second time
We combine hands-on property experience with our own review and calculation tool, so that buyers can assess risks, vendors can substantiate their position and owners can develop their portfolio further.
Typical findings from our reviews
What a second look reveals
In the IMIn the documents
Passing rent per rent rollTwo leases terminated, one already expired
Non-recoverable costs as a flat-rate allowanceService charge cap in the anchor tenant's lease, with the owner bearing the difference
Lease terms per rent rollOption not exercised, rent-free months in an addendum
Maintenance in a normal yearMaintenance backlog per maintenance report, not in the budget
Each of these points changes the income and therefore the price. We identify each one, evidence it and quantify it in euros.
Every figure with its source.
Document and page appear directly in the result. Anyone wishing to verify a figure finds the passage straight away.
Every assumption identified.
Evidence and judgements are kept separate. Assumptions can be switched off or changed.
Every effect in euros.
Each finding is translated into income and purchase price, calculated transparently and reviewed by property professionals.
02 / YOUR PLANSCHECK. REVIEW. SUPPORT.
Three occasions
for a review
Whether buying, selling or holding, we review the same documents, each time with a different question. It starts with a fixed-fee check; you then decide whether the full review is worthwhile.
Selling
Selling from the buyer's view.
We identify in advance what the buyer's adviser will later use as a price lever. Prepare your documents, income and arguments for due diligence.
- CheckBuyer's View Check
- ReviewSale Preparation from the Buyer's View
- SupportSale Process Support
Holding
Thinking ahead for your portfolio.
Trace income, review costs, keep track of deadlines. For asset owners, family offices and lenders.
- CheckSecond Opinion for Lenders and Family Offices
- ReviewIncome Review for Standing Assets
- SupportPortfolio Monitoring
03 / THE RESULTTHIS IS WHAT THE RESULT LOOKS LIKE.
Documented figures and assumptions
are kept apart in the report
From document to decision, the derivation stays visible. Change the assumptions and see what moves in the calculation.
INTERACTIVE SAMPLE · PROPERTY AND ALL FIGURES ENTIRELY FICTITIOUS
Lindenhof sample propertyFictitious mixed-use residential and commercial building
DEMOFrom evidence to calculation
EVIDENCEPotential rent p.a.
EVIDENCEOwner's costs p.a.
ASSUMPTION
0%25%
Assumptions are switched off. The simplified calculation contains only the fictitious evidence.
Net operating income (NOI)
Simplified sample calculation: €600,000 × (1 − vacancy) − €108,000. The model value is not a market valuation. Capex, taxes and financing are not included in this demo.
In a mandate: a ten-year projection, financing, scenarios and sources, together with a concise management memo.
04 / QUAESTRA ADVISORYPERSONALLY ACCOUNTABLE.
Thomas Wanitschke reviews
with 30 years in real estate
We combine experience in the acquisition, management and cost analysis of commercial and residential property with our own review and calculation tool.
YOUR CONTACT
Thomas Wanitschke
Dipl.-Kfm. (FH), Immobilienökonom (ebs)
‘Standing still already means falling behind.’
30 years' experience in real estate management, from strategic management through property management to advisory work and marketing. His focus is on residential, office and retail property, including shopping centres.
05 / YOUR NEXT STEP
Discuss your plans
with Thomas Wanitschke
Are you planning to buy, sell or develop your existing portfolio? Tell us about your plans. The initial consultation takes 30 minutes and is free of charge. If a review is not worthwhile, we will tell you.
Book an initial consultationTHE RIGHT QUESTIONS
LEAD TO BETTER
DECISIONS.
