Rent reports
AN ANALYSIS OF MARKET VALUES TO MAKE THE BEST DECISION
If you are a tenant, perhaps you are unhappy with the rent you pay. Are you considering renegotiating your contract? Or perhaps you are in the opposite position and as the owner of a property being leased, you need to justify a minimum price to rent it out, or you would like to quantify the rent you will stop receiving due to the termination of a contract. Tinsa offers reports of a comprehensive assessment, taking any circumstance that may affect the leasing of a real estate asset into account. We analyse market rents/sales, whether they be current or referencing periods in the past. Our services include the calculation of compensation for rent not received, quantification of transfers or cessions of lease contracts, as well as reviewing and negotiating rents in existing contracts.
WHO IS IT FOR?
NATURAL OR LEGAL PERSONS
WHO ARE OWNERS OF LAND AFFECTED BY AN EXPROPRIATION IN FEE SIMPLE, EASEMENT OR TEMPORARY OCCUPATION. ALSO INDIVIDUALS OR COMPANIES INVOLVED IN THE OCCUPATION OF INDUSTRIAL OR COMMERCIAL ACTIVITIES
INDIVIDUALS
WHO ARE OWNERS OR TENANTS OF PROPERTIES THAT ARE LEASED OR ARE IN THE PROCESS OF COMMERCIALISATION.
LAWYERS OR CONSULTANTS
REPRESENTING THEIR CLIENTS IN LITIGATION OR TO SUBMIT EXPERT EVIDENCE IN LEGAL PROCEEDINGS.
OPERATORS
HOTEL CHAINS, SHOPPING CENTRES, ETC.
INVESTORS
WHO WISH TO ADEQUATELY PROFIT FROM THEIR LEASED PROPERTIES.
FRANCHISES
BUSINESSES WHOSE ACTIVITY IS IN QUALITY OF TENANTS.
CLIENT experiences
1. The situation.
A leading occupational accident insurer with an extensive network of care centres throughout Spain tasked us with drafting rent reports for all of its properties in which it is a tenant to negotiate a decrease in rent.
2. Our Services.
Tinsa generated the requested reports on the current leasing market and compared the obtained rents with those stated in the signed rental agreements. The negative trend from 2007 in average rental prices for commercially attractive properties in most of the locations helped to confirm that the rents at that time were significantly below those stated in the contracts.
3. The Result.
The technical reports allowed the client to lay down a global strategy for negotiating with the owners of its establishments. This allowed them to renegotiate a decrease in many of its rent payments and obtain considerable savings.