Commercial Property and Asset Management

Commercial leases are the foundation and essence of property management. Anyone who works in this area needs to be familiar with what they say, what they mean, and how to work them. In this course we explain the key commercial terms of a commercial lease, and focus on the problems the attending delegates have encountered. It is ideal for administrators who have not been trained in the nuances of property - administrators, PA's, secretaries, accounts personnel, facilities managers, newly qualified and APC candidates.

The course will give an overview of procedures and look at recurrent issues such as whether the hypothetical lease should include a break option; what should be the assumed length of term and whether a ‘headline rent’ is effectively excluded. The course will look with particular reference to the increasingly well-used PACT scheme.