Asset management encompasses the strategic management of property as an asset class and focuses on maximizing returns on real estate investment. Asset management is generally considered in the context of the property owner as a tenant does not have title to the property. Some of the functions that are included here are:-
We assist companies to source mortgage finance from the leading commercial banks by preparing an application document with all relevant documents. We also structure the finance so as to maximize chances of success.
Resurgent invests in direct real estate in prime industrial nodes for e.g on the East Rand of Johannesburg around OR Tambo airport. We generally invest in small to medium sized properties due to capital constraints. For larger investments we would pursue joint ventures and property syndication with entities that have a solid balance sheet.
Companies that own property may wish to dispose of the property to a third party and then lease it back from the purchaser.
The occasions when owners may wish to pursue this avenue are as follows:
The property is only suitable for the short to medium term and the owner anticipates having to re-locate in the near future. By selling the property with a lease in place as a going concern, the owner can maximize the purchase price as opposed to selling it later as a vacant building.
In event that companies want to re-structure their balance sheet and generate cash for operations.
In event that companies have made a policy decision to lease rather than own real estate.
Businesses looking for land for development can contact us. We have a large data base of land for sale. We can also advise on the technical side with regards to suitability, location, town planning issues and other potential risks.
We source properties for lease to meet the requirements of our client by making use of our large data base of properties. All work is done on risk and there are no fees or contracts involved. We handle the lease negotiations with the landlord on behalf of the tenant, prepare the offer to lease and scrutinize the main lease agreement. We advise and guide the client all the way from start to end to ensure that the client is fully informed of all the risks and procedures.
If clients are tied into a lease and they wish to exit the premises prior to expiry of the lease, we can handle the sub-let process and source suitable tenants to take over the lease. We can also assist with a mutual lease cancellation if required. This is where the landlord and tenant agree to cancel the lease by the tenant paying a cancellation fee, in which case no further damages will be incurred by the tenant.
We offer turnkey development from concept to completion on an ownership or lease basis depending on the client’s requirements. We will source the land, assist with procuring the finance, appoint the designers and engineers and procure suitable contractors to construct the building. We have a network of highly competent and experienced professional consultants, engineers, surveyors, contractors, sub-contractors, suppliers and other service providers. This network of players can add tremendous value to the project. We have an unwavering commitment and dedication to quality and service excellence and pride ourselves in the notion that the client is ‘king.’ We offer our clients a very personalised service where we can devote the time, attention and energy necessary to deliver a successful and sustainable project.
We have formulated a solution that minimises risk exposure and involvement in the project and will allow you optimum participation in the day to day running of the project leaving the active co-ordination of the project in the hands of experienced and capable people. This will free up management time and allow you to focus on your core business. Our appointment will be on a fully transparent, open book system with the client approving all expenditure for the project. The approach we have outlined herewith is common place in the industry and represents a spread of risk. It will be our responsibility to look after your interests, minimise your risk exposure and ensure a cost effective project.
