Track record
Onboarding new property management instruction at short notice
Onboarding a new property management instruction comprising 37 properties located throughout the UK.
Property Management
Service
Retail & Leisure
Offices
Industry
Tim Richards
The project
In 2019 the Property & Asset Management team took over a portfolio of 37 properties (200 units, £5m rent roll), predominately retail, throughout the UK at short notice.
The portfolio was handed over on 2 weeks’ notice, just before a quarter day and the rent invoices had not been issued by the previous managing agent. We set everything up within 48 hours and issued the invoices.
All properties were inspected and a programme of works incorporated into service charge works or recharged to tenants.
With the challenges presented by COVID and the various lockdowns from March 2020, there was increased dialogue with tenants to assess ability to pay, agree payment plans or other support and discuss options to regear leases or remove break clauses in retune for rent free periods.
Our solution
The portfolio requires input across many teams (Property Management, Asset Management, FM, H&S, Lease Advisory, Agency, Building Consultancy) requiring all teams to work closely to achieve the right solution for the client/property and the various stakeholders.
Get in touch
Key contacts
Gain national and local expertise through our multidisciplinary teams of experts.
Our track record
Stadium Holdings Ltd
1 Olympic Way, Wembley
Neighbourly Matters advice for a 7-storey extension to provide student accommodation
104-106 East Street, Southampton
Delivery of commercial and market-led viability advice to support the successful completion of a stalled development.
Yorkshire Housing
12,000 Stock Condition Surveys – Yorkshire Housing
Appointed by Yorkshire Housing via the Fusion21 Framework to complete 12,000 stock condition surveys over a 3-year period
37-42 Tenby Street and 30-31 Albion Street, Birmingham
Expert Party Wall advice to protect adjoining owners’ interests
Kruton No. 2
9-12 Middle Street, Brighton
Appointed as Employer’s Agent on new build commercial project.
Kwik Fit
Acquisition for Kwik Fit, Atex Business Park, Stowmarket
Instructed by Kwik Fit as national retained acquisition agents
Bernard Construction
Affordable housing provisions for a mixed-use scheme, Balham
Provided a detailed FVA, development advice and affordable housing strategy
Higgins Homes
Affordable Housing valuation for a mixed use scheme, Garratt Lane, Wandsworth
Development Consultancy advice to support a planning application for a mixed use scheme
London and Regional
Albert Island Redevelopment
Providing Cost Management & Quantity Surveying services on an exemplar industrial intensification project
Aldersbrook Baptist Church
Aldersbrook Baptist Church, Wanstead
Sale of church hall and provision of cost advice regarding development and refurbishment of church.