Foodstuffs North Island – Project Roma – Site Sale
Site Sale Due Diligence
RDT Pacific was engaged by Foodstuffs to coordinate and facilitate the sale of their existing Distribution Centre and Head Office at Roma Road, Auckland.
This involved tendering and competitively procuring the team including the real estate agency; coordinating consultant reports and other required information for the data room; handling project budget and fee expenditure; obtaining valuation advice; facilitating and minuting team meetings to ensure milestones and approvals were handled efficiently; maintaining the risk register; advising on move and decommission programmes; driving the agreed sale programme and; documenting the processes.
The team that RDT procured enabled Foodstuffs to secure the premium sale price of Roma Rd for $93 million to Goodman Property Trust.