Maximising Value | Minimising Risks
Property is often perceived as a big cost burden and a constraint when driving change projects. However, when approached in a strategic way, real estate decisions can:
Improve profitability
Decrease commercial and financial risks
Improve organisational efficiency
Accelerate change projects
How we go about it
Our chartered surveyors work in partnership with our clients to establish a comprehensive Net Present Value Model of their real estate. They then develop future-proof Live-Cost Options, such as moving into new premises, consolidating into one existing building or re-negotiating existing leases and re-planning the space they are in already. During this process we consider not only financial implications, but also legalities such as break clauses, and the impact a relocation project can potentially have on staff attrition rates and performance, as well as branding and image issues.
This process allows our clients to make informed decisions. Depending on which options the client wants to pursue, we can then assist with either:
- Renewal negotiations for current leases and re-plan and re-fit of the existing space
or
- Identifying and securing new premises, plan and fit-out
From this initial work we are able to provide a portfolio management service offering a level of specialist resource that can be called upon as required. This can include, but is not limited to:
- Monitoring of critical lease dates (rent reviews, break options, lease expiry and decoration)
- Portfolio cost analysis and annual budgeting advice
- Payment control including verification of property related invoices
- Ongoing maintenance of portfolio database with lease extract reports
Our Real Estate Services Include:
- Strategic planning
- Estate management
- Acting as your in-house Property Director
- Rent reviews / lease expiry and renewal
- Acquisition / disposal of property interests
- Lease restructuring
- Rating
- Subtenant management
- Service charge audits
- Dilapidations
- Planning advice