Buy-side Due Diligence in Real Estate Transactions

Whether you are acquiring a single asset or a large portfolio, understanding the true value and potential risks of the property is critical. Ensuring there are no hidden surprises is paramount. Our due diligence process identifies key issues early, enabling you to negotiate effectively and avoid surprises post-transaction.

We combine deep industry expertise with advanced analytics to deliver actionable insights. Our multidisciplinary team covers all relevant areas, including: 

Financial services:

• Financial due diligence including:
  • Quality of Net Operating Income – Review of historical and projected cash flows, rent roll and lease agreement review, and operating expenses analysis.
  • Balance Sheet analysis – To identify potential liabilities and debt items and to uncover off-balance-sheet items and commitments that may affect the purchase price.
• Tenant analysis and assessing solvency – Business review including reviewing lease terms and creditworthiness.

Tax services:

• Tax & Structuring considerations – Analysis of tax implications and optimal transaction structures. We provide a full range of tax advisory services to optimize your transaction, including:
• Tax due diligence including:
  • Corporate income taxation
  • VAT / Indirect tax
  • Detailed real estate tax due diligence
• Transfer pricing implications for cross-border structures
• Tax-efficient acquisition structures and financing arrangements
• Assessment of capital gains tax exposure and exit strategies
• Guidance on international tax planning

Other financial and tax services:

• Support in purchase agreement negotiations – Review of financial and tax clauses, incorporating due diligence findings and commenting the purchase price mechanism.
• Review of closing accounts and purchase price calculation.
• Underwriting support.

Our due diligence and related services provide an independent, structured view of the target’s potential, strengths, and risks. Our team offers ongoing advisory across financial, tax, and legal matters to help you make informed, sustainable decisions throughout the transaction lifecycle.

PwC Finland Real Estate team has acted in hundreds of real estate transactions over the years. We are happy to provide our credentials per sector at request.