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Tenant Representation

Landlords use an agent. Tenants need a rep.

Representing tenants in real estate transactions is our bread and butter. The team consists of transaction professionals who have a long history of delivery in London and various global markets. Tenants need professional representation in every transaction because, simply put, an unrepresented tenant will pay more to the Landlord over the term of the lease. Reesa knows the market, prevailing rental terms, incentives, lease standards and other tricks that help our clients save money over the period of the lease. At Reesa we align our services to the benefit of the tenant. We don’t represent Landlords and therefore the tenant’s interests are at the core of our business.

A guide. Every step of the way.

Reesa’s tenant representation service will save your business time and money in real estate negotiations. We take the weight of any transaction off your shoulders, we deal with the search, organise inspections and conduct negotiations on your behalf. We work with you from the initial discussions on how much space, where and when to the next move. We put detailed timelines in place to highlight milestones – a key strategy to minimise risk. We save your business money by negotiating the right deal. We focus on delivering the optimal lease solution aligned to our your needs.

Office Acquisition

Well connected.

We have access to every single office building in London, which means we are well placed to co-ordinate what it is that you need, and what is actually available or coming to market. We also have our Tenant Tracker Database fuelled by our own direct research team, which enables us to predict potential opportunities in the market.

Our research team uncover the seemingly uncoverable enabling us to present options that most other can’t.

Workplace Consultancy

Managing change

Workplace Consultancy is about managing a process of change and fully understanding how to select an office space that can neatly fit with your company’s own aspirations and image. By improving your communication and visibility, this will help to increase the profile of your brand and can directly impact your staff productivity. Your working environment should represent your company in the best way possible, therefore embodying a space you can be proud of and modify to compliment what you stand for as a business.

Transaction Management

An integrated solution

We offer a turn-key service that includes overseeing the legal process, carrying out building surveys, schedules of dimensions and condition, and tendering office refurbishments.

We act as your property department and can utilize contacts, market information and knowledge of different markets in order to control and define your property strategy in numerous global markets. If we aren’t in a chosen global market we have the expertise to manage those that are.

Portfolio Management

Customised optimization

Driving performance from your property portfolio requires a detailed strategy, broken down unit by unit. Treating each property individually and honing in on areas for improvement, cost reduction, space rationalisation, lease renegotiation etc will result in a fit and healthy portfolio that meets the needs of a business. As part of a portfolio optimisation exercise we produce individual property plans which are backed up by local market intelligence. Any lease event will be reviewed well in advance to ensure that time constraints don’t become a problem – anyone who has experienced difficult real estate markets will know that time pressure can throw well laid plans out of the window.

We work with you, directly, on a consultancy basis meaning that we sit next to you, attend your team meetings and provide constant input.

Lease Renewals

Expert support and direction.

Renewing an existing lease can in some cases be more effective than simply relocating to a new premises. Our occupier services team offers a fully comprehensive service, acting solely on behalf of the client in securing the best possible deal for your current office space. We ensure that rent is always kept to an absolute minimum.

Through our own unique market database, we carefully guide our clients through the gauntlet of terms options, with which landlords often use to destabilise their tenants at the negotiation stage. These tend to include various break clauses and service charges, which can be overlooked without the necessary experienced representation.

Rent Reviews

Expert negotiation

Whether you are a tenant or a head lessee, Reesa has the expertise to negotiate your rent reviews and lease renewals.

At Reesa, we minimise tenants’ exposure to rental increases and maximise landlords’ rental returns.

Negotiations can be a demanding and contentious affair. From the outset, we establish an understanding of both parties’ objectives and aim to develop a beneficial landlord-tenant relationship.

Business Rates

Substantial Savings

All companies pay business rates on their properties in the UK, and it is not uncommon for this to be one of the largest outgoings for some businesses.

Revaluations are normally undertaken by the Valuation Office Agency every five years. As the government has postponed the 2015 revaluation until 2017, however, the 2010 assessments will be used to calculate business rate bills for another two years. Now, more than ever, it’s crucial to ensure the lowest rateable value for your property.

Our Reesa consultants have extensive experience of submitting appeals, negotiating the ratable value on UK properties and offering services to mitigate the business rate liability that occupiers face. Based upon expert market knowledge, we believe that many occupiers can make substantial savings by appealing their current business rates.

Project Management

Supporting your move

In most circumstances where a tenant leaves a space and/or acquires a new lease, there is often a need to address the fit out and project management.

It is important to consider these in the early stages of any office relocation, and our team are able to support the planning and implementation of any future move. This can be a complicated and time consuming process, but Reesa is on hand to provide impartial and professional services to navigate our clients around this potential minefield at every stage of your move.