Comprehensive review of planning, market, physical, and commercial considerations.

Originating & Executing Major Commercial Transactions Since 1995
ABOUT US/EXPERIENCE
RED Commercial (real estate & development) is a Sydney-based, boutique commercial real estate firm specialising in major asset sales and advisory, with a particular focus on development site transactions.
Founder, Derek Erwin has transacted billions of dollars in major commercial transactions during his career. He has more than 30 years’ experience in commercial real estate predominantly based in Sydney, where he has held senior roles with global agencies (CBRE, Knight Frank, JLL), private development companies and REITs.
Bachelor of Business Property, University of South Australia
Real Estate Corporation Licence No. 10154418
Why RED?

Experience
Backed by dealmaker Derek Erwin’s 30 years of commercial property experience across global agencies, development, and multiple market cycles, we bring a disciplined, analytical approach to major asset transactions.
This foundation is strengthened by a deep capital markets network spanning private, wholesale, REITs, institutional and private equity real estate firms, providing direct access to decision‑makers and highly aligned capital.

Methodology
Our methodology is grounded in rigorous due diligence, feasibility modelling, and fact‑based analysis. We prioritise clarity, alignment and execution certainty — not sales spin. Every recommendation is supported by evidence, modelling and market logic.

Value Creation
Decades of experience allow us to accurately determine highest and best use, quantify uplift, and therefore maximise price for the property. Combined with our capital markets network — and 30 years of assessing every possible transaction structure — we leverage this experience to drive competitive tension, optimise deal pathways and elevate pricing outcomes.
Advisory
Before executing the transaction strategy, we work transparently with vendors or capital buyers to assess development potential, validate underlying value, and shape the optimal pathway forward.
Identifying the optimal development outcome and value profile.
Concept plans, FSR/GFA modelling, yield testing, and uplift pathways.
Detailed inputs for development economics and capital structuring.
DCF, IRR and capital markets‑aligned financial modelling.
Equity and debt structuring.
Evidence‑based valuation aligned with development potential.
Strategic guidance across acquisitions, DM oversight, and project positioning.
Pre‑commitment strategy and corporate occupier advisory.
Positioning, marketing strategy, and transaction management for development assets.
Transactions
We originate and execute major commercial asset and development‑focused site transactions, working across vendors, capital buyers, partnerships, and multi‑parcel strategies.

Vendor Representation
We analyse the facts, define the value metrics, and select the sale method that delivers the strongest outcome — whether that’s a discreet placement to targeted capital or a public process designed to create competitive tension.
Capital Buyer Representation
A discreet sourcing partner uncovering off‑market opportunities aligned to precise investment criteria, fund mandates, and long‑term development strategies.
Partnership Structuring
Joint ventures, capital partnerships, and Property Development Agreements (PDA) — structuring aligned outcomes between landowners, developers, and capital partners.
Creating Scale
Multi‑parcel amalgamations to unlock larger development envelopes, uplift potential, and strategic long‑term value creation.
AREAS OF EXPERTISE

Living / Residential Development Sites
- Mid & High Rise Apartments
- Built-to-Rent
- Co-living / Student Housing
- Seniors Living
- Hotels
- Building Conversions
- Land Subdivisions

Industrial / Commercial Development Sites
- Value-add Investment Sales
- Land Subdivisions
- Sale & Leaseback
- Portfolios
CONFIDENTIALITY & CONTACT
Please call or enquire below for confidential advisory or to discuss your property strategy.
Derek Erwin – 0409 828 790
