Investors and Developers have different perspectives to business occupiers, but if they invest in or develop something that has a limited market then returns can suffer.
Investors look for certainty in income and growth in value, often taking a much longer commitment to property than is the case with other forms of investment. The relative illiquidity of a property investment means that it is vital to meet the investor’s particular requirements. Lease lengths, the covenant of the tenant, the effect of break clauses and whether or not the rent payable is at, below or above the current market level, as well as the ability to improve the rental stream after rent reviews, are all important factors, together with the ease of management, whether by the landlord direct or using a managing agent.
Developers need a lot of information before they make their decision to proceed with a development. We can help the process, using our extensive knowledge of what works and what people are looking for, as well as providing advice on such things as market demand, sizing of units, specification of accommodation, required facilities and amenities, pricing, lease terms etc. We also look at the developer’s plans and try to ensure future-proofing, by encouraging flexible layouts so that the accommodation is flexible enough to cope with future changes in occupiers’ requirements. Following the decision to proceed, we then get involved in marketing the scheme to find future tenants and buyers to bring the project to a successful conclusion.
Between them, the partners at Robinson Layer have the knowledge and experience to help guide developer and investor clients on their existing properties, potential acquisitions and disposals, so if you need some sound advice, please contact Mark Robinson in the first instance.