Team member profile Ben Stewart – Property and Investment Analyst

October 1, 2018

Ben joined Mitchell Mackersy in November 2016. He holds a Bachelor of Commerce degree and a Masters in Property and Development.

Ben is a key member of Mitchell Mackersy’s syndication team, instrumental in identifying and researching commercial property opportunities. We run a due diligence process for all potential acquisitions, and Ben works with the team to model the return and evaluate the property for purchase.

Before opportunities are presented to investors, Ben and the team undertake extensive research on the tenants, including their current and projected financial performance, as well as the directors’ and shareholders’ credit history. This information provides the detailed background required to meet our fundamental investment criteria of purchasing buildings with strong tenants.

For industrial assets, our due diligence focuses on the strategic location of the property, including its proximity to ports, airports and main arterial routes. For bulk retail properties we look closely at the consumer demographics and spending patterns for the catchment area. Extensive financial modelling is also undertaken to evaluate the viability of new opportunities, and the investment returns likely to be enjoyed by investors in the future.

We also focus on the construction methodology of potential acquisitions to ensure the buildings are fit for purpose, meet or exceed current NBS standards, and will require minimal capital expenditure going forward.

Ben works with both Mitchell Mackersy and MHP, providing strategic advice to the property and investment portfolio while using his project management skills to assist with the facilities management of the MM Group 2 portfolio.