The Business District The Modern Office Alternative We are the ultra-modern, professional, affordable and flexible option in office accommodation. Our physical and virtual serviced offices are packaged to match the mind-set, culture and practices of today s business enterprise. We take care of their business accommodation and administration essentials, so that our clients can stay focused on their own core business. Office Your Way Our slogan sums up the rental concept of The Business District Serviced Offices Referral Programme for Real Estate Dealers Physical Offices are available on hourly, daily, weekly, monthly and long-term rental arrangements. Rental packages include air conditioning, furniture, receptionist, unique telephone number, telephone answering, mail handling, fax number, wired and wireless internet access, 24-hour electronic surveillance & access and all utilities. Offices are attractively appointed and are available for single, double or triple occupancy. Virtual Offices are ideal for businesses that do not need physical offices. Rental packages include unique telephone number, business address, mail handling, virtual administrative assistant, message and mail alert and delivery, telephone answering and call transfer, fax number and handling The Business District Handsomely Rewards Referrals Starting April 2012, The Business District will compensate real estate professionals for referrals that lead to an executed rental agreement of not less than one month duration. Simply refer to us, your leads for physical office and virtual office rental; we will take over from there. You will be paid a commission of 5% of the rental fees up to twelve months, or the end or break of the contract whichever comes first. Further details are presented in the Terms and Conditions included in this document. 1 P a g e
The Benefits to Your Clients Savings of up to 60% on Conventional Rentals Clients looking for their first office, or those considering renewing an existing agreement, are focusing on cost savings. District clients have no capital start-up costs, lower overheads, reduced staff costs, and the flexibility of buying only the support services needed. Immediate Business Start-up Consultants, project managers and other business professionals that require short-term space, achieve immediate start-up because all business facilities and services are already in place Professional Image The District offers a premium business address in a professionally equipped and aesthetically appealing building that boasts fully furnished offices and meeting rooms. A receptionist greets callers and visitors in each client s company name or on their behalf. Onsite administration support is provided, and clients are guaranteed efficient services that augment their organisational objectives. Enterprise Level Technology The Business District has invested in a range of up-to-date business technology that enhances clients businesses. This includes Cloud PBX Telephony, high speed internet access, wireless & wired internet connectivity, multimedia equipment, multi-purpose business machines, electronic building access and electronic surveillance. Who Needs The Business District? Professionals such as accountants, architects, lawyers, surveyors, etc. Start-up companies Project managers Consultants in all fields Home-based businesses Businesses in transition Businesses downsizing Businesses with overflow staff Local representatives of foreign businesses Rental Prices Monthly rent for physical offices varies according to size and number of occupants. Virtual Office rental is available at one standard monthly price. Real Estate Dealers/Agents are asked to contact The Business District at 665 3906, or info@mybusinessdistrict.com to obtain up to date price schedules, and more detailed information on our various rental packages. Rental prices are subject to change without notice 2 P a g e
Office Facility 22B Old Hope Road, Kingston 5 Our building houses a Conference Room, a Retail Shop and 15 Offices 9 Corporate Offices - Fully enclosed, single, double or triple occupancy 6 Enterprise Offices - Lattice-topped, single or double occupancy 3 P a g e
Real Estate Dealers Referral Programme Terms & Conditions Licensed Real Estate Dealers/Agents The Business District Limited will compensate Real Estate professionals in return for successful initial introductions and/or referrals of clients [not previously referred to our company], which result in executed Rental Agreements of not less than one month. Initial Rental Agreement Compensation will be calculated at 5% of the monthly rental rate for Corporate Office, Enterprise Office or Virtual Office, for the first 12 months of the Rental Agreement or until the Agreement is terminated [for whatever reason], whichever comes sooner. Expansion of Agreement Expansions of rental agreements that occur within the initial agreement period and within the first 12 months will be paid at 5% of the remaining or extended agreement term, for the balance of the 12 months provided the Real Estate Dealer/Agent was actively involved in the client s decision to extend, and presented a separate sales referral. Payment of Commission: The Business District will pay referral commissions within 15 days of execution of the Rental Agreement, and after payment by the client of the initial invoice, including Security Deposit and General Consumption Tax [GCT]. After the initial period, referral commission will be paid over within 7 days of receipt of the client s monthly rental payment. All commissions will be made payable to the Real Estate Dealer company and not to individual Agents. Referral Process Real Estate Dealers/Agents must refer prospects by submitting relevant information in the format indicated on the Appendix to this document. Referrals may be submitted through the website of The Business District www.mybusinessdistrict.com; by email to info@mybusinessdistrict.com or delivered to The District at 22B Old Hope Road, Kingston 5, Jamaica. In the event that two or more Real Estate Dealers/Agents refer the same prospect, The Business District will accept the first official referral received, unless instructed otherwise by the client. We reserve the right to reject a referral if the customer had applied directly, or was referred previously through another Real Estate Dealer/Agent. The Business District will notify referring Real Estate Agent of any rejections within the shortest possible time frame. Submittal of a referral to The Business District indicates acceptance of our terms and conditions. We reserve the right to amend or terminate this policy at any time without prior notice Next Step On receipt of a Rental Referral, The Business District will immediately contact the referring Agent, and invite him/her to visit our facility with the prospective client. We will also contact the prospective client and confirm receipt of the request, and to reiterate our invitation to visit The District. April 2012 4 P a g e
REFERRAL PROGRAMME FOR REAL ESTATE DEALERS/Agents Appendix: Rental Referral Format Date: To: The Business District Limited 22B Old Hope Road Kingston 5, Jamaica OFFICE RENTAL REFERRAL I Full Name Real Estate Agent of Real Estate Dealer Company Name Located at: Business Address Now refer to The Business District the prospective office rental client presented below. I may be contacted: By email at: _ By telephone at: [M] [O] Prospective Rental Client Name: Company: Company Address: Email Address: Telephone: [M] [O] 5 P a g e