Our Lease Reviews are tailored to your requirements. Typically our Clients want to understand the asset obligation and mitigate risk by tying this data to the assets in their proprietary Asset Management System, therefore having transparency around the lease and any liabilities. Our reviews enable the Client to develop a template for future leases and allow them to assess which leases in their portfolio are working for them, and which are not. In the long run this could save them millions of dollars.
Our lease review can extrapolated the data within the leases and analyse over 30 different parameters ranging from overall rent per square metre, type of lease, lease expiry, market review mechanisms, to contribution to outgoings and promotion and marketing levies, make good obligations and how mechanical maintenance costs are treated (e.g. air-conditioning, lifts).
Benefit: Transparency around lease obligations, mitigation of risk, effective management/analysis and planning and cost savings