ENHANCE.
ACCOMMODATION SOLUTIONS GROUP
An increasing demand for independent advice on tenancy issues has led Charter Keck Cramer to further develop the Accommodation Solutions Group (ASG). The service has been offered for a number of years; however the demand for Charter's expertise in this area is growing to the extent that a fully-fledged team is now in place to expand the offerings. The group has a stronger focus on the Commercial and Retail sectors, however does have broad experience in other property classes.

Steve Kingston has been responsible for this offering and has been extremely successful in negotiating favourable outcomes for a range of Private and Public sector Clients. Michael Jackson, who has had many years' experience in providing a range of rental negotiation services, has joined the division to increase the growth and provide even greater service to clients.

ASG is involved in all aspects of leasing and purchasing negotiations including, but not limited to, preparing market briefs, full liaison with all real estate agencies, preparation of options analysis and recommendations.

The outcome is to negotiate best result for their clients and solve the complex problems when dealing with lease documentation, solicitors and agents.

ASG will assist with market rent reviews and with valuer/umpire appointments; prepare submissions; provide advice and negotiation of "make good" / termination / restoration / re-decoration clauses as required under leases.
The team at Charter can assist in reporting, analysis, and negotiation of incentives in the current market including fit-out contributions, rent free periods, rental abatements / offsets and other inducements

Office & Retail space planning based on an understanding of each company and the likely future growth and/or retraction of the business is another service provided by ASG. Detailed current market research including current day statistics and trends, our forecasts for the relevant sectors to assist future planning and detailed demographic analysis, reporting and mapping is all part of the ASG offerings.

Charter offers a very similar service for clients with industrial properties. This department is headed by Clint Jellis who is a Director in the Corporate Real Estate Group.

Client services currently offered by the Accommodation Solutions/Negotiation Services Group include:

  • Undertaking all aspects of leasing / purchasing negotiation services (preparing market brief, sending to appropriate representatives, full liaison with all real estate agencies, preparation of options analysis and recommendation, comprehensive financial analysis and modelling, final recommendation, negotiate best outcome for party, draft lease heads of agreement, review of lease/contract document and liaison with solicitor);
  • Handling lease renewal and lease variations negotiations;

  • Representation and assistance with market rent reviews and with valuer/umpire appointments. Preparation of submissions;
  • Lease review and strategy advice - from a property perspective and in consultation with your lawyer
  • Advice and negotiation of "make good" / termination / restoration / re-decoration clauses as required under leases;
  • Negotiation and advice on personal guarantees / bank guarantees / security deposits have been provided and/or which are requested to be provided;
  • Reporting, analysis, and negotiation of incentives in the current market including fit-out contributions, rent free periods, rental abatements / offsets and other inducements;
  • Negotiating assistance with exiting leased property including assignment, sub-letting, guarantees, transfers and lease surrender payments;
  • Assistance with fit-out coordination, including design, budget, relocation management and project delivery (if required);
  • Office space planning based on an understanding of each company and the likely future growth and/or retraction of the business;
  • New retail store selection and negotiation location and / or disposal advice;
  • Assistance and/or preparation of business cases/board papers and the like;
  • Detailed current market research including current day statistics and trends; and our forecasts for the relevant sectors to assist future planning. Detailed demographic analysis, reporting and mapping.