Property management

The importance of managing income, both retaining the income and enhancing the income, is at the heart of good asset management. A close relationship with your occupiers will flag opportunities to enhance the income or extend its duration through lease re-gearing, or buying out tenant break options.

Read more about ways asset managers can maximise value

It is important to scrutinise assets for income generation opportunities. These can include: revenues from advertising companies to erect hoardings or digital displays; from telecoms companies to site masts, or consider the Government subsidies for generating renewable energy through the Renewable Heat Incentive or Feed – In Tariff. Find out more about our telecoms advisory service

Consider one legislation change - the implications of the Energy Act 2011. As currently drafted, the act has far reaching implications for F & G rated property come 2018. Assuming the intent is to hold the asset, decisions need be made about capital expenditure to improve the asset to a better energy rated category or seek to put in place a long term lease at (no doubt) a concessionary rent to postpone the problem.

Find out more about our energy act consultancy services

As the locational dynamics of a property change make sure you review the planning position of your asset and seek to obtain changes of use consistent with the demand profile of the occupier base. Find out more about our planning and development services