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You are a property asset manager for an investor who has recently purchased (from another investor) a portfolio that contains 12 medium rise, quality office
You are a property asset manager for an investor who has recently purchased (from another investor) a portfolio that contains 12 medium rise, quality office buildings, and 5 retail warehouses located in Cyprus and Greece. Many of the properties are managed on out of date and poorly constructed lease and/or licence agreements.which are coming to an end and you are seeking to re- negotiate the contracts. You have been asked to draft Heads of Terms to instruct a lawyer to draw up new lease/license documentation to improve the management of the acquired assets. Explain how you could use revised lease/license terms to reduce risks, add value, control costs and stabilize/support cash flows. Give three SPECIFIC examples using the table below (expand the table as necessary). Lease/License Indicate brief wording of Potential Benefits / Clause / Topic Heads of Term to be Outcome of your included in instructions proposed Heads of to a lawyer creating the Terms new lease/license contract You are a property asset manager for an investor who has recently purchased (from another investor) a portfolio that contains 12 medium rise, quality office buildings, and 5 retail warehouses located in Cyprus and Greece. Many of the properties are managed on out of date and poorly constructed lease and/or licence agreements.which are coming to an end and you are seeking to re- negotiate the contracts. You have been asked to draft Heads of Terms to instruct a lawyer to draw up new lease/license documentation to improve the management of the acquired assets. Explain how you could use revised lease/license terms to reduce risks, add value, control costs and stabilize/support cash flows. Give three SPECIFIC examples using the table below (expand the table as necessary). Lease/License Indicate brief wording of Potential Benefits / Clause / Topic Heads of Term to be Outcome of your included in instructions proposed Heads of to a lawyer creating the Terms new lease/license contract
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