Eres : Digital Library : Works

Paper eres2009_320:
Corporate Real Estate An Investor View: Implications of the Change in User Preferences in the Economic Downturn on Investment Strategies

id eres2009_320
authors French, Nick
year 2009
title Corporate Real Estate An Investor View: Implications of the Change in User Preferences in the Economic Downturn on Investment Strategies
source 16th Annual European Real Estate Society Conference in Stockholm, Sweden
summary The current world economic climate is uncertain. The credit crunch has led to occupiers rethinking their strategic requirements. And, at the same time, they are fire-fighting to keep their occupation costs at a level that will allow the companies to survive. In this market, more than any other, tenants are approaching landlords with the idea of renegotiating there rental liabilities. Landlords are considering each proposal on its merits and solutions are ranging from side agreements to not demand full payment, to surrender and renewals to provide a more even cash flow or outright surrenders with a reverse premium being paid. This paper looks at the UK market and the nature of agreements being made with a background of such uncertainty. The booming investment market of the last few years has shielded the profession from the need to consider fully the role of proactive management. This paper argues that good relationship management and a foresight to negotiate to protect future cash flows means that, now more than ever, management surveyors can enhance and protect capital values."
series ERES:conference
email nick.french@brookes.ac.uk
content file.ppt (152,576 bytes)
discussion No discussions. Post discussion ...
ratings
session Corporate Real Estate
last changed 2009/09/16 16:22
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