Just as landlords appoint property managers to oversee their portfolios, tenants can also benefit from the peace of mind that comes with professional lease management.
If you are running a business with multiple sites – meaning you are entered into various lease agreements as Tenant with a number of Landlords – ensuring adequate management of these leases can be a distraction from your day-to-day business operations and requirements.
This is where Broadway Property comes in. As your independent commercial real estate advisor, we take care of all your property related matters, so that you can concentrate on the core operations of your business. As a result, Broadway Property is currently trusted by various successful South Australian businesses who are experiencing the benefit of our services.
Here are some of the key benefits of our Lease Management Services:
- Keeping track of all existing leases within a tenant’s portfolio
- Notifying the client of key dates which reduces risks of milestones being missed (ie option renewal periods)
- Ongoing review of Landlord rent reviews, meaning the client can focus on day-to-day business and not be bogged down with commercial lease management
- Providing support to the client in relation to any lease disputes through the portfolio
- We can provide advice on long term strategies for a business (ie new sites to target vs assessing current lease dates for upcoming potential vacating or relocating of locations)
- Providing cost savings throughout the year and across the portfolio as a result of careful management and strategic negotiation of leases
- Seamless delivery of negotiations of existing lease renewals and rolling out of new sites
- A clear, precise and streamlined strategic approach in line with the company’s business objectives.
Our Lease Management Services also include providing guidance and advice when disputes arise, and more commonly, advice on appropriate market rental (for an existing site – with upcoming market review – or for new sites).
In general, our role is to ensure the key lease obligations are being met by the Tenant as well as keeping the Landlord accountable for their obligations.
If you have multiple leases and require some assistance in managing the various obligations, do not hesitate to reach out to the team at Broadway Property to see how we can help.
We are on your team so that you have complete confidence in knowing you are protected with strategies and measures put in place.