KPMG's property consulting arm has been accused of giving misleading advice that lifts within a commercial building had been upgraded in 2010 when they had not been improved since being installed in 1992.

Listed real estate group GDI Investment Management claims KPMG SGA's due diligence report contained untrue and misleading findings about the lifts in Stanley Place, a 12-storey commercial building in Townsville which is serviced by three passenger lifts and two combined passenger-goods lifts, according to a statement of claim filed in the NSW Supreme Court.