Treex is an independent consultancy bureau specialized in undertaking technical audits of buildings both in terms of their construction and of their technical installations.
Technical due diligence are principally carried out on behalf of investors considering the sale, conservation or acquisition of a real estate asset, which may be of any type: offices, residential, retail, warehousing, hotel… We advise local and international investors: large landlords, investment funds, banks and insurance companies.
Treex is active in Belgium and Luxembourg. Our extensive knowledge and long experience of these markets enables us to easily benchmark the building being audited with market standards.
Following a physical audit of the condition of a building, we propose solutions for bringing it into line with accepted norms and market standards in order to remedy problems observed. These recommendations take the objectives of the client into account, whether they be in terms of the ROI or of the occupation of the building, and which would require an investment plan. We pay a great deal of attention to the destination of the building if it is to change in function or, for example, is to be partitioned into several distinct units.
During an audit we identify and evaluate in detail the cost of the works recommended, ensuring that this is realistic in view of the acquisition price for the building, and we distinguish between those works which are indispensable and priority, and those which are secondary in importance. We establish a time schedule for the investments in view of the state of dilapidation of the building and of its equipment.
During or after an audit, Treex can implement and manage the work project which the investor has decided to undertake. We are able to act as delegated project manager and coordinate the various companies taking part in the renovation works.