KPMG joins property research market
KPMG has entered the property research market with the launched of the Proper-Risk service aimed at financial advisers.
KPMG has entered the property research market with the launched of the Proper-Risk service aimed at financial advisers.
The launch of the service follows the recent acquisition of CDH properties which gives KPMG 30 property advisory professionals nationally.
ProperRisk will research sponsor risk, cashflow risk, market risk and project risk. It will also measure the gap between risk and rewards on any given project.
KMPG Corporate Finance associate director Paul Zahara says Australian property investors had been poorly serviced in the past, with generally inadequate informa-tion on which to base investment decisions.
“An equities investor has access to abundant research and information from their broker or investment adviser,” he says.
“However, similar support has not been available to property investors until now, despite the fact that property presents the investor with arguably greater complex-ity and risk than shares.”
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