Asset Management
The nature of the investment market brings the quality and importance of asset management into sharp focus. At Altus Edwin Hill, we offer regional market-led asset management advice across all asset classes. Working closely with our regional agency teams, we are well positioned to boost your asset and fund performance through local market knowledge.
Our core services cover;
Rent Reviews – We will objectively consider the potential for increasing the rent at review. At the very least, we will often recommend opening a dialogue with the tenant to ensure the property meets their requirements.
Lease Renewals – This is a crucial role in challenging market conditions. Our regional knowledge is such a key element to maximising the value of a new lease, through increasing the rent, maintaining the current rent or even minimising any fall in rent on renewal depending on the nature of the property.
Lease Re-gearing – These discussions often arise from rent review discussions, especially if it is the final review of the lease. We will seek to extend the term, vary lease clauses, retrospectively document works carried out by the tenant without LL’s consent, all with the aim of delivering greater asset performance.
In addition, we provide investment agency, portfolio valuations, dilapidations & building consultancy and specialist advice on empty rates avoidance and managed temporary occupation.
For an informal discussion on your specific needs and wants from a proactive asset management service, please contact;
Graham Senior
graham.senior@altusgroup.com
Property Management
We have a dedicated Property Management team that is an integral part of our Asset Management service. Operating from the central London office, the team provides specialist advice on managing all types of commercial property on a national basis, operating closely with our regional offices to utilise their market knowledge and to add value to our clients’ property interests.
The service can naturally be tailored specifically to the building and to individual client’s requirements and generally includes the following aspects:
- Rent and service charge collection
- Full tenant liaison
- Dealing with tenant applications
- Ensuring compliance with Landlord covenants
- Maintaining property and lease records
- Compliance with statutory requirements
- Repair and maintenance advice and supervision
- Service charge budgeting and reconciliation
- Regular property inspections
- Strategic property advice
It is always important to initially discuss and review property management requirements on an informal basis, so for more information please contact;
Daniel Edwards
daniel.edwards@altusgroup.com