Asset Management

The team is uniquely placed to deliver concise advice and prepare strategy objectives for client assets.

Our services include:

• Advising on and implementing management policy.
• Formulating, preparing and implementing an active management strategy to enhance the performance and total returns of the Property.
• Reporting Quarterly on all matters relating to the management of the Property and with all material information.
• Dealing with rent reviews and negotiating lease renewal terms.
• Dealing with rent reviews and negotiating lettings of vacant accommodation on terms subject to prior authorisation.
• Advising the Appointor with regard to any possible or proposed development and/or improvement of any Property. Our Land & Development team is often the ‘first’ to spot new opportunities with a philosophy to grow and retain property assets through identifying and realising development value and often work in joint venture partnerships with other site owners and developers. Our property work goes far beyond Estate Management and into true asset management. Life cycle cost management and capital enhancement is rigorously pursued and terotechnology is a science carefully practiced for the benefit of our retained clients’ property assets.

To conclude we are active asset managers who manage cost and to enhance capital.

• Negotiate the terms of and generally assisting and advising in connection with any Disposal.
• In conjunction with the letting agents to prepare and submit a letting strategy for the marketing and promotion of each Property for letting together with a budget therefore for implementing the letting strategy to instruct the letting agents to conduct a marketing campaign which is consistent with the approved letting strategy and the approved budget.
• Advise on all Occupational Leases and ancillary agreements including any obligations which remain to be performed after the grant of the relevant Occupational Lease.

So how can First Investments help you?

Firstly, we would stabilise your position, collect rent and service charge, chase bad debt, communicate with and service your existing tenants attentively and work hard to fill your voids. All very basic but important work.

Through economies of scale, coupling our existing portfolio with yours, we would then start to save you money on service charges, business rates and insurance adding more value. We would critique each property from every angle, assessing its potential for redevelopment, refurbishment and change of use to enhance its current and future value and income. In short, we would work hard not only to make you money in the meantime but eventually to make you much, much more. That way any temporary problem becomes a long term opportunity for both of us.

If you would like to discuss your property portfolios in more detail then contact us on 01257 263 010.