Under 500Sqm Yellowfin Miles Advisory OCLC Suntory RMA IT Regis Mutual CP2 Summit Care Mitsui Gorilla Communications Rare Infrastructure
500Sqm to 8,000Sqm Alstom Sparke Helmore Hunt&Hunt Lawyers Calliden Group Financial Synergy Chandler Macleod Pelikan Artline Russell Investments Kawasaki Aussie Home Loans Turks Legal
A Good Time for Tenants in 2012 / 2013 Good news ahead for commercial tenants across Australia. National average
vacancy rate is 7.8% and climbing especially in Melbourne with Brisbane on the
way up. A good time to rationalise, re-negotiate and reduce costs.
Vacancy Rates in Key Locations (National Average at 7.8%)
Tenant
Representation
Services TRS
www.tenantrep.com.au
Choosing a Tenant Rep
TRS is an independent Tenant Representative that does not work for any property
company and does not provide agency, property / asset management services that
support landlords.
Stay Versus Go
TRS acts on behalf of tenants from 150Sqm upwards creating competition
amongst landlords and agents to compete for your business and create savings.
Whether you wish to remain in your existing premises or relocate to alternative
premises TRS can optimise your negotiations.
Sydney 8.2% Hold Melbourne 5.6% Climbing
North Sydney 7.4% Climbing Adelaide 7.7% Hold
North Ryde 6.7% Falling Brisbane 7.9% Climbing
Chatswood 13.7% Climbing Perth 4.2% Climbing
Key Projects
Where is the Value and Independence for Tenants?
Many property companies provide the following 3 combined services:
1. Agency (Landlord Service)
A leasing agent in the same company leases space to Tenants on behalf of
Landlords. Higher rent and larger space = greater agent’s fee = no incentive to
drive a harder deal for the Tenant. Fee paid by Landlord.
2. Property / Asset Management (Landlord Service)
The same company offers Property / Asset Management. Collecting rents,
negotiating renewals and managing the building - protecting the landlord’s
investment and return. Fees paid by Landlord.
3. Tenant Representation (Tenant Service)
The same company provides “Tenant Representation” in one guise or another
acting on behalf of Tenants advising on buildings to lease, rent to pay, incentives
to accept. Fee paid by Tenant.
Independence TRS
As a tenant your needs are diametrically opposed to a landlord’s needs.
You want lower rent and higher incentives – the landlord wants the opposite.
How can one company act on behalf Tenant s and Landlords?
TRS only services Tenants – our independence is a critical measure of our
performance.
TRS only services Tenants
www.tenantrep.com.au
www.tenantrep.com.au
Benefits
Independence
Enables us to act in your best interests and gain the
highest lease and construction savings for your business
100% Market Coverage
The latest market knowledge in lease transactions and fit-
out negotiations, current incentives and construction
costs.
Track Record
Over 100 leasing transactions each year and over $600M
in savings back to tenants
Market Knowledge
The latest market knowledge in lease transactions and fit-
out negotiations, current incentives and construction
costs.
Integrated Services
Our ability to integrate transaction management and fit out
probity services providing total solutions.
Tools
A range of lease and space evaluation proprietary
software tools specifically designed by TRS to help
tenants make the correct decisions.
Benefits TRS
Transaction Management
www.tenantrep.com.au
Selecting the most suitable properties for your business
and the negotiation of lease costs, terms and conditions to
a successfully executed lease agreement in your favour.
New leases
Lease renewals and surrenders
Subleasing and assignments
Market reviews
Stay Versus Go
Whether you wish to remain within your existing premises
or relocate to new premises, TRS guides you through:
How much space you require
Identifying locations and property needs
Incentive strategies
Property searches through ALL landlords and agents
Collation of financial proposals and counter-proposals
Short-listing and inspections
OPEX / CAPEX appraisals
Negotiations to final lease execution
Make-good negotiations
Fit Out Probity
Selecting reputable and financially stable teams of
contractors, quantity surveyors and solicitors for your fit-
out in terms of design, construction, budget control,
variation control and legal capabilities coupled with timely
deliver.
TRS manages the selection of the right team who will:
Evaluate design and services for selected properties
Prepare conceptual drawings for your consideration;
Prepare budgets and approvals
Prepare fit out contracts
Review budgets and project timing
Design and construct your fit out
Conduct financial and legal due diligence
Prepare all statutory certifications
For more information and downloads on our services
please visit our website www.tenantrep.com.au
Services TRS
www.tenantrep.com.au
Helpful Information for Tenants Please visit our website that provides useful information, tips and downloads for tenants.
Tenant Help TRS
www.tenantrep.com.au
Example Projects
Small to Mid Scale: 200Sqm to 1,000Sqm
Mid Scale: 1,000Sqm to 3,000Sqm
Large Scale: 3,000Sqm plus
Projects TRS
www.tenantrep.com.au
Transaction Management
7 Months
Fit Out Probity
4 Months
Building Selected
385 Bourke Street, Melbourne
Area
Mid Scale Project
www.tenantrep.com.au
Case Studies Downloads
Hunt&Hunt Lawyers TRS
www.tenantrep.com.au
Transaction Management
6 Months
Fit Out Probity
2 Months
Building Selected
7 Hassall Street, Parramatta
Area
Small to Mid Scale Project
www.tenantrep.com.au
Case Studies Downloads
Johnson TRS
www.tenantrep.com.au
Transaction Management
3 Months
Fit Out Probity
2 Months
Building Selected
261 George Street, Sydney
Area
Small to Mid Scale Project
www.tenantrep.com.au
Case Studies Downloads
People2People TRS
www.tenantrep.com.au
Transaction Management
9 Months
Fit Out Probity
4 Months
Building Selected
135 King Street, Sydney
Area
Large Scale Project
www.tenantrep.com.au
Case Studies Downloads
Russell Investments TRS
www.tenantrep.com.au
Transaction Management
18 Months
Fit Out Probity
6 Months
Building Selected
85 Waterloo Road, North Ryde
Area
Large Scale Project
www.tenantrep.com.au
Case Studies Downloads
Smith&Nephew TRS
www.tenantrep.com.au
Transaction Management
7 Months
Fit Out Probity
In-House
Building Selected
363 George Street, Sydney
Area
Large Scale Project
www.tenantrep.com.au
Case Studies Downloads
Chandler Macleod TRS
www.tenantrep.com.au
Transaction Management
6 Months
Fit Out Probity
3 Months
Building Selected
385 Bourke Street, Melbourne
Area
Large Scale Project
www.tenantrep.com.au
Case Studies Downloads
IRESS TRS
www.tenantrep.com.au
Transaction Management
3 Months
Fit Out Probity
8 Months
Building Selected
1 Sirius Road, North Ryde
Area
Mid Scale Project
www.tenantrep.com.au
Case Studies Downloads
Harley-Davidson TRS
www.tenantrep.com.au
Transaction Management
8 Months
Fit Out Probity
4 Months
Building Selected
Australia Square, Sydney
Area
Large Scale Project
www.tenantrep.com.au
Case Studies Downloads
Mi9 (ninemsn) TRS
www.tenantrep.com.au
Transaction Management
6 Months
Fit Out Probity
3 Months
Building Selected
46 Arthur Street, North Sydney
Area
Mid Scale Project
www.tenantrep.com.au
Case Studies Downloads
Pepper Home Loans TRS
www.tenantrep.com.au
Transaction Management
5 Months
Fit Out Probity
3 Months
Building Selected
175 Pitt Street, Sydney
Area
Small to Mid Scale Project
www.tenantrep.com.au
Case Studies Downloads
Tax Institute Australia TRS
www.tenantrep.com.au
Transaction Management
12 Months
Fit Out Probity
4 Months
Building Selected
141 Arthur Street, North Sydney
Area
Large Scale Project
www.tenantrep.com.au
Case Studies Downloads
CIT Group TRS
www.tenantrep.com.au
Transaction Management
10 Months
Fit Out Probity
6 Months
Building Selected
97 Waterloo Road, North Ryde
Area
Large Scale Project
www.tenantrep.com.au
Case Studies Downloads
Medtronic TRS
www.tenantrep.com.au
Transaction Management
7 Months
Fit Out Probity
3 Months
Building Selected
Alexandria Creative Park, Alexandria
Area
Mid Scale Project
www.tenantrep.com.au
Case Studies Downloads
Red Bull TRS
www.tenantrep.com.au
Transaction Management
6 Months
Fit Out Probity
2 Months
Building Selected
7 Hassall Street, Parramatta
Area
Small to Mid Scale Project
www.tenantrep.com.au
Case Studies Downloads
AEGON TRS
www.tenantrep.com.au
Transaction Management
8 Months
Fit Out Probity
4 Months
Building Selected
100 Pacific Highway, North Sydney
Area
Small to Mid Scale Project
www.tenantrep.com.au
Case Studies Downloads
Mortgage Choice TRS
Contact Tenant Representation Services
Level 4, 234 George Street
Sydney NSW 2000
PO Box N524, Grosvenor Place
Sydney NSW 1220
Phone 02 8243 6700
Fax 02 8243 6777
Web www.tenantrep.com.au
Abn 17 097 365 930
Mark McGrath
Principal
Phone 02 8243 6711
Email [email protected]
www.tenantrep.com.au
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