Property asset management
More than ever, occupiers are becoming motivated by the quality of their workspace. Asset management is concerned with optimising the value of your commercial property investment – from how efficiently the asset is used, to the level of profit it generates and how its future potential can be maximised.
To achieve this we utilise a number of strategies including:
Rent reviews and lease renewals
Our proactive management approach ensures that we undertake regular meetings with clients to identify and advise on asset management opportunities. By re-gearing leases we can often add value to the property investment. Dealing with rent reviews and lease renewals promptly and within set timescales also aids the efficient management of the asset.
Office space refurbishment
Supported by our KWB Workplace function, we can advise on the refurbishment of your office space to add value and increase the rental level of the property. Including space planning and office space restructuring, we can optimise the use of your existing office space, creating new tenancies and setting new rental levels.
Working closely with our business rates department we can advise on the accuracy of your ratings liability, assessing whether any cost savings can be made. By appealing against your rateable value we can reduce your business rates liability and increase the attractiveness of your office space to tenants, offering the opportunity to increase rental levels.
Preparation and negotiation of dilapidations
By completing regular inspections on behalf of landlords, we ensure that tenants comply with their ongoing duty to maintain the property, keeping it in good repair and decoration. Whether occurring at lease expiry or during mid-lease disposals, by monitoring tenant’s work, we make sure that their covenants and obligations are being met and that your commercial property investment is protected.
It’s important that your property works for you and your tenants; we examine overheads, optimise space and add value.