Property and real estate projects (leasing, new development, acquisition and divestment) involve long term and large-scale opex and capex decisions, potential contingent liabilities and delivery risks.
To ensure you are getting the best deal, you need a trusted independent adviser to advocate your interests, design and manage a robust procurement process, negotiate commercially astute terms and ensure the contractual commitments represent value for money and your best interests.
TwentyTwo pioneered tenant representation in Aotearoa 35 years ago and is recognised as New Zealand’s leading independent adviser, having led hundreds of significant transactions across the motu and across the office, industrial, retail and special-purpose property sectors.
We have unparalleled experience and a tried and trusted process to ensure exponential outcomes, often under the radar and out of the spotlight.
We support clients across New Zealand leasing office, industrial, retail and special-purpose property, whether:
- New developments and greenfield projects
- Major refurbishment of existing assets and buildings
- Existing property/premises.
We help clients translate their Property Strategy (often developed by our Strategy22 team) through the implementation steps, including:
- Portfolio reviews and consolidation strategies to optimise the portfolio to changing business needs
- Property by property planning and adjustment to best meet business needs
- Lease restructuring and renegotiation
- Developing divestment strategies
- Leading business cases using the Better Business Case framework.
We help clients make fact-based and objective decisions by developing tailored feasibility studies and financial and non-financial analysis, whether:
- Considering a range of options from the market to ensure a like for like assessment
- Reinvesting in an existing asset or buying or leasing an alternative solution
- Deciding whether to fund an asset through ownership or leasing from the market
- Undertaking a portfolio wide rationalisation, sale and leaseback or similar divestment.
We support clients with their portfolio, property and lease financial planning by:
- Undertaking specific market research
- Providing preliminary rental, operating and capital cost estimates for projects
- Providing advice on market conditions, rentals, yields and other market factors.
Our team also provides expert commercial advice across a wide range of complex lease issues including:
- Managing rent reviews and rental arbitrations and acting as an expert witness
- Lease renewals
- Make good and reinstatement issues
- Seismic upgrade solutions
- Lease related disputes and issues.