Case Study 1: Dagenham, East London


Task: Rent Review
Description: Rent review of a 500,000sq.ft. modern distribution facility in Dagenham, East London, one of the largest single warehouse sites within the M25. Multi unit site comprising 5 warehouses (one high bay), 100 trailer parking facility, self-contained regional office and 2 separate open storage sites.
Highlights:
  • Settlement after 9 months private treaty at a 25% reduction from rent sought by landlord
  • Successful negotiations involving an Expert Witness but without recourse to Third Party Determination therefore saving costs
  • Efficient management of occupier financial planning; settlement within 2% of forecast increase meaning accurate accruals and financial planning made in advance