Comac Retail Property Group provide Landlords with a comprehensive management platform providing excellence in Property Management, Leasing, Financial Management, Facility Management and Marketing. Systems and reports over time have eroded the value of quality property management. As important as these are, they are aides to good management.
Transition
Comac Retail Property Group completely understands the difficulty in change and the importance of a seamless handover process and the implications that are evident to all stakeholders.
Comac’s senior team will take leadership of the process, ensuring that the asset is well protected and all information relevant to the asset including operations, leasing, financial and marketing is collected and stowed.
Comac will provide a comprehensive list of items required to ensure a smooth transition that will provide a comprehensive understanding (even if the outgoing agency does not totally comply). The key to sound transition is understanding where the complications lay. Below are some of the issues that can be identified once handover has been completed:
Missed rent reviews
Lease expiries and missed options
Unbilled turnover rents - especially majors
Incorrect outgoings charges (particularly Majors)
Direct recoverables such as Council rates, water rates and Land Tax (if applicable) not on charged
Extended trading charges not recovered
Outstanding Bank Guarantees
Similar issues are identified in Contractor Management and compliance.