About Us. Every organisation must make property decisions make sure you are well informed before you make yours.

Transcription

1 Company Profile

2 About Us Every organisation must make property decisions make sure you are well informed before you make yours. Murchison Group provides a comprehensive range of property services for investors, owners and occupiers. We create measurable value for your business by delivering effective outcomes based on in-depth experience, market intelligence and commercial insight. Our services include; Commercial Property Management Tenant Advocacy Advisory Investment The owners of Murchison work in the firm and are directly involved in delivering responsive, pragmatic and results-focused services with honesty and integrity backed by a wealth of experience. Our property outcomes are realistic, workable and achievable, ensuring that your property objectives are met.

3 Commercial Property Management Property ownership is a dynamic and time-consuming business that affects your bottom line. To maintain and increase value, properties need to be actively managed. Commercial Property Management is the backbone of Murchison s business. For every property under our care, we focus on controlling costs and maximising value through: Asset Management Primary tenant contact Up to date tenancy schedules Lease event diary Lease negotiations Vacant space promotion Tenant sourcing Lease negotiation Ongoing market knowledge Quality management systems Robust reporting software and easy to understand reports. Creating and maintaining strong tenant relations Tenant satisfaction is the most critical factor in delivering cash-flow and capital appreciation. Facilities Management Point of contact Regular inspections Service provider procurement and contract negotiation Service provider performance monitoring Oversight of tenant alterations Project Management The highest standards of building presentation Tenants are proud of their surroundings and your investment value is maintained. Proactive hands-on approach To maintain tenant relations, when a job needs to be done, we make sure it is done in a timely and efficient manner. Fitout supervision Consultant engagement and coordination Tendering of works Contract negotiation Project oversight Financial Management Budgeting and forecasting Repairs and maintenance assessments Capital expenditure forecasting Cash flow management Creditor management and payments Debtor management and invoicing Operating expenses reconciliation Periodic financial reporting

4 Tenant Advocacy Property is often the second biggest cost centre in business financials, yet many organisations fail to engage professional advice. The prospect of dealing with property decisions is a daunting task for most tenants especially when their focus is on the performance of their business. Murchison provides strategic tenant representation and execution for all your accommodation needs. We will: Analyse your business drivers and occupancy needs; identify and evaluate appropriate options; manage lease negotiations to secure the optimum deal; and actively create your most desirable work space through project management of fit out. Clients include: LeasePlan New Zealand Limited Finance Now Limited Heartland Bank Limited KidsCan Charitable Trust Recreational Services Limited Pead PR Limited ERM Management Limited Alexander Dorrington Lawyers Grant Thornton Client references available upon request Murchison s role as tenant advocate would typically incorporate the following stages: Review existing accommodation arrangements; create an accommodation brief to suit your business requirements; identify suitable accommodation alternatives to satisfy the brief; review and analyse alternatives and provide recommendations; negotiate with potential and existing landlords; assistance with lease documentation to protect your interests; project manage fitout; co-ordinate consultants and service providers; and oversee the transition to the new premises In addition, Murchison can provide assistance with other property issues that tenants often encounter under existing lease arrangements. These include: Lease rent review and renewals; lease variations; lease interpretation; operating expenses reviews; lease legacy and reinstatement issues; and project management of alterations and fitout.

5 Advisory Organisations with demanding property portfolios often struggle to realise their asset potential due to the time required to stay on top of the property market s ever-changing dynamics. Murchison Group provides an independent strategic property advisory service for organisations looking to acquire, develop, manage and divest their property portfolio. As communication is key to this process, we work collaboratively with you to obtain an in-depth understanding of what you want to achieve and what role the property interests play in your business performance. Using our extensive knowledge and expertise in the commercial property market, we are then able to complete a comprehensive review of the property portfolio and provide a strategic property plan that aligns with your business objectives. Murchison s advisory service includes: Portfolio review; core vs non-core interests; strategic planning; property sourcing and evaluation; lease negotiations; premises reinstatement; consultant coordination; and project management. Murchison Group offers Trust Services. These services include: Review of client s trust structures, domestic and international; Assessment of creditor and relationship property risk; Integration with family succession plan; and Consideration of trust administration issues in light of the upcoming trust law changes.

6 Investment Commercial property is a highly attractive investment. If the asset is structured and managed well it can return a solid cash flow and significant capital appreciation. In order to succeed with property investment, investors need a clear understanding of desired outcomes, knowledge of the property market and to buy well by being in a position to take advantage of opportunities both on and off market. At Murchison we have deep local market knowledge, contacts in the real estate industry and extensive experience in commercial real estate strategy, leasing and management. This gives us a competitive advantage when it comes to quality investment decisions. Murchison s Investment services include: Property investment sourcing; property procurement; due diligence investigations; co-ordination and management of consultants and advisers; opportunity assessment and strategic property planning; negotiations; sourcing of property finance; and co-ordination of investor capital.

7 Our People Donald Reid (B Com (VPM)) Director Neville Harpur (BBS, Property Management) Director Donald has 25 years of commercial property experience in New Zealand and Australia having worked for Apple Fields, Westpac Properties and APN Property (Melbourne). He has an extensive background in property including corporate tenant advisory and property asset and portfolio management. Donald has been involved in property and projects in New Zealand and Australia, including Mornington Peninsula (VIC, Australia) shopping centre, Temple Court Apartments (Collins Street, Melbourne), Parc Provence (Canterbury), Hickory Place Industrial (Christchurch). Donald specialises in acquisitions, project management, negotiation, advocacy and asset management. Neville has been involved in the commercial property industry for 27 years. He worked for Wellington-based Government Property Services Ltd and its successor Capital Properties NZ Ltd (CPNZ) for 16 years before starting his own property consultancy business in As CPNZ s Auckland Manager Neville was in charge of $200 million commercial and industrial property assets. During that time, Neville successfully negotiated new leases on more than 21,000 square metres of accommodation. Neville has a proven track record in active asset management, lease negotiation, tenant advocacy and identifying investment opportunities for clients. Wade Allen (BA, Economics) Associate Wade has been in the commercial property industry for 27 years working for NZI, Brierley Investments, National Bank, Trans Tasman Properties (TTP) and Manson Developments (Mansons). From 2001 until early 2009, Wade worked as Leasing Manager for TTP and then Mansons. During this time, Wade negotiated many major new office leases in a number of significant CBD assets owned by TTP and assisted Mansons with its development and leasing of around 100,000m² of commercial office space in the Great South Road / Greenlane southern corridor. Wade specialises in asset and lease management, office leasing solutions together with the sale and purchase of development sites and commercial buildings.

8 Projects & Clients Include: Commercial Property Management Murchison Group s management team has managed a broad range of commercial properties, including: Mahuhu Crescent; Stanley Street; Shortland Street (Forsyth Barr Tower); 56 Wakefield Street (Oracle Tower); 210 Khyber Pass Road; 75 Queen Street; 79 Queen Street; 209 Queen Street (National Bank Centre); and 385 Queen Street. Heartland Bank Limited: Tenant Advocacy - This is an on-going role in which Murchison Group is involved in assessing accommodation options (current and future) and offering strategic insight, including: Liaising on behalf of Heartland with architects, real estate agents, lawyers, contractors etc; sourcing alternative accommodation; negotiating new leases; and negotiating any legacy issues with existing leases. Finance Company (confidential): Commercial Property Asset Management - Our role involved turning around a distressed property asset for the Mortgagee, including: Re-building relationships with the incumbent tenants and gaining their trust. negotiating new leases: attracting new tenants: overseeing tenant fitouts: supervising the completion of outstanding maintenance items: formalising service contracts; and providing maintenance budgets and capital expenditure forecasts. Pead PR: Tenant Advocacy Our role involved space planning and needs analysis, sourcing new premises, negotiation with existing and new landlords, overseeing fitout and moving process. Rodney District Council: Owner s Representative Employed as advisor and negotiator for circa $60M in property asset sales for Rodney Property Limited which provides quality independent advice to Rodney District Council. Manson TCLM Limited: Negotiation Owner s Representative Negotiator for sale of assets in Wellington and Auckland of approx $20M for one of New Zealand s largest private development companies. LeasePlan New Zealand Limited: Tenant Advocacy Identification of possible accommodation solutions to meet the client s brief, seeking lease proposals and negotiating a new Lease with the successful Landlord. Finance Now: Tenant Advocacy - Identification of possible accommodation solutions to meet the client s brief, seeking lease proposals and negotiating a new lease with the successful Landlord. Recreational Services Limited: Tenant Advocacy - Reviewing possible accommodation solutions to meet the client s brief, seeking lease proposals and negotiating an Assignment of Lease for the Premises. ARGOSY: Negotiation Owner s Representative - Lease negotiations on the portfolio. KidsCan Charitable Trust: Tenant Advocacy. Sourcing new premises, negotiation with landlords, overseeing moving process.

9 L Shortland St PO Box Parnell Auckland NZ