We’re always striving to reduce our work space costs. Barratt Jennings have been critical to us achieving this goal – we would recommend them to any organisation considering their next corporate real estate decision.

Rick Rostolis, CEO
SMS Management & Technology

We have worked collaboratively with BJP to consolidate our premises over the past few years yielding significant savings across the firm, as well as bringing together staff in various locations. Brodie’s expertise and understanding has been outstanding.

Sharad Loomba, Executive Director
Rubicor

BJP provided the leverage we needed to engage in a reasonable renegotiation with our landlord. BJP generated real savings for our company and we couldn’t be more satisfied with their service.

Tim Feng, Finance Manager
Yingli Green Energy Australia

After Sedgwick acquired the Cunningham Lindsay business, we inherited 38 locations across Australia. The challenge was then to reconcile and reduce the overall real estate cost with budget and to manage issues arising from ensuing lease expiries.
BJP identified the immediate expiry threats and potential savings to the Sedgwick business and then executed in a timely and professional manner. We would not hesitate to refer BJP to any group looking to manage and reduce their leasehold property costs.

Andrew Firth, Chief Financial Officer – Asia Pacific
Sedgwick

CASE STUDIES

ABOUT

ABOUT

Barratt Jennings Partners is an independent property advisor, acting for occupiers of commercial, industrial and retail workspace. We take the hassle out of property related transactions and get the best deals in the market, on average generating $13 of savings for every $1 invested in our service.

Real Estate is often the second biggest cost to a business. You need time and expertise to execute the best outcome. Engaging Barratt Jennings Partners as your outsourced real estate expert will maximise real estate savings.

BJP will:

Secure the right space

 

Negotiate the best terms

 

Save time, money and hassle

 

We specialise in Lease Negotiation, Asset Management and the Acquisition & Disposal of Commercial Real Estate.

OUR SERVICES

1. Lease Health Check – ‘Understand your Options’

  • Benchmarking of passing lease terms to market conditions
  • Undertaking Financial and Risk Analysis of current lease
  • Create property strategy to expiry
  • Recommendations and next steps

2. Lease Expiry – ‘Secure your ideal workspace’

  • Tenant bias leverage
  • Benchmarking of market terms
  • Financial & Risk analysis and negotiation
  • Recommendations and next steps

3. Relocation – ‘Right workspace, best terms’

  • 100% market coverage for suitable workspaces
  • Shortlisted options
  • Financial & Risk analysis and negotiation
  • Procurement and Recommendations

4. Deal Check – ‘Secure the best deal’

    • Benchmarking negotiated terms to market
    • Risk Analysis
    • Identify additional savings
    • Recommendations

Assignment and Sub-Lease Management ‘Reduce surplus real estate costs’

  • Assignment/Sub-lease Cost Budget development and management
  • Marketing development and management of leasing campaign
  • Landlord, agent and contractor management
  • Negotiation and financial analyses
  • Recommendations
  • Document management

Project Lease Management
‘Experienced resources, definite outcomes’

  • Development of specific marketing and leasing strategies to attract tenants.
  • Development and management of leasing budgets
  • Third party agent management and reporting
  • Negotiation and financial analyses
  • Reporting and recommendations
  • Document management

Asset Management
‘Maximise Asset Performance’

  • Development of and implementation of asset strategies
  • Identifying cost savings and cash flow enhancements
  • Building and services upgrades to secure new tenants
  • Development of and implementation of active leasing campaigns
  • Creation of cash flow budgets including forecasting capital expenditure
  • Reporting on asset performance

Acquisition

  • 100% market coverage for suitable investment properties
  • Shortlisted options
  • Negotiation
  • Financial and Risk Analysis
  • Recommendations
  • Documentation management

Due Diligence

  • Pre-purchase, technical and financial due diligence and risk mitigation strategies
  • Extensive market analysis, investigation, and value uplift identification
  • Critical date and time management
  • Detailed financial analysis and cashflow reporting
  • Reporting and recommendations

Disposal

  • Development of specific marketing and disposal ‘sale’ strategies to attract purchasers
  • Development and management of sale budgets
  • Third party agent management
  • Negotiation
  • Reporting and recommendations
  • Document management

1. Lease Health Check – ‘Understand your Options’

  • Benchmarking of passing lease terms to market conditions
  • Undertaking Financial and Risk Analysis of current lease
  • Create property strategy to expiry
  • Recommendations and next steps

2. Lease Expiry – ‘Secure your ideal workspace’

  • Tenant bias leverage
  • Benchmarking of market terms
  • Financial & Risk analysis and negotiation
  • Recommendations and next steps

3. Relocation – ‘Right workspace, best terms’

  • 100% market coverage for suitable workspaces
  • Shortlisted options
  • Financial & Risk analysis and negotiation
  • Procurement and Recommendations

4. Deal Check – ‘Secure the best deal’

  • Benchmarking negotiated terms to market
  • Risk Analysis
  • Identify additional savings
  • Recommendations

Assignment and Sub-Lease Management
‘Reduce surplus real estate costs’

  • Assignment/Sub-lease Cost Budget development and management
  • Marketing development and management of leasing campaign
  • Landlord, agent and contractor management
  • Negotiation and financial analyses
  • Recommendations
  • Document management

Project Lease Management
‘Experienced resources, definite outcomes’

  • Development of specific marketing and leasing strategies to attract tenants.
  • Development and management of leasing budgets
  • Third party agent management and reporting
  • Negotiation and financial analyses
  • Reporting and recommendations
  • Document management

Asset Management
‘Maximise Asset Performance’

  • Development of and implementation of asset strategies
  • Identifying cost savings and cash flow enhancements
  • Building and services upgrades to secure new tenants
  • Development of and implementation of active leasing campaigns
  • Creation of cash flow budgets including forecasting capital expenditure
  • Reporting on asset performance

Acquisition

  • 100% market coverage for suitable investment properties
  • Shortlisted options
  • Negotiation
  • Financial and Risk Analysis
  • Recommendations
  • Documentation management

Due Diligence

  • Pre-purchase, technical and financial due diligence and risk mitigation strategies
  • Extensive market analysis, investigation, and value uplift identification
  • Critical date and time management
  • Detailed financial analysis and cashflow reporting
  • Reporting and recommendations

Disposal

  • Development of specific marketing and disposal ‘sale’ strategies to attract purchasers
  • Development and management of sale budgets
  • Third party agent management
  • Negotiation
  • Reporting and recommendations
  • Document management
Barratt Jennings Partners provides advice to businesses about their corporate real estate requirements. We are an independent organisation that acts only on the tenant’s behalf in relation to the selection, negotiation and, if required, the construction of a fit out.

The major aspects of our services are:

  • New premises serach and evaluation
  • Leasing re-negotiations
  • Make good negotiations
  • Market research
    • Financial analysis
    • Lease negotiation
    • Fit out management
Barratt Jennings Partners’ innovative, rigorous and tested commercial and industrial asset management approach ensures that the current challenges of owning real estate are mitigated.
We are focused on making your investment work for you. Our contracted services may be an ongoing arrangement, or engagement for a specific project, be it the reposition of an individual asset or a portfolio.

Our asset management services offers:

  • Development of and implementation of asset strategies
  • Identifying cost savings and cash flow enhancements
  • Building and services upgrades to secure new tenants
  • Development of and implementation of active leasing campaigns
    • Creation of cash flow budgets including forecasting capital expenditure
    • Liaising with valuers, property and facilities managers
    • Reporting on asset performance for clients
Engaging Barratt Jennings Partners to assist with Due Diligence or Transaction Management process for an acquisition or disposal process solves your resourcing issue. We contract on flexible terms to meet the requirement, meanwhile giving you as the client peace of mind that experienced senior property professionals are executing the process.

We can assist with:

  • Acting for client in acquiring or disposing of property
  • Creating of clear marketing strategies and implementation
  • Undertaking complete property due diligence and cash flow studies
  • Working with internal teams on larger property and portfolio acquisitions, where additional resources are required.

On average we save $13 for every $1 invested in our service

BJP was Established 2012

%

Market Coverage

OUR DATA BASES ENABLE US TO COVER 100% RESPECTIVE MARKETS, FAST TO ENSURE THE RIGHT PROPERTIES ARE FOUND FOR OUR CLIENTS

EXPERIENCE

BJP HAS MORE THAN 50 YEARS OF COMBINED COMMERCIAL & INDUSTRIAL PROPERTY EXPERIENCE.

WE HAVE ASSISTED more than 150 Clients across 200 transactions, IN ACHIEVING THEIR DESIRED COMMERCIAL PROPERTY OUTCOMES, SAVING TIME, MONEY & HASSLE.

Transacted on more than 100,000 sqm of workspace

OUR MANAGEMENT TEAM

Brody Kemp

Brodie
Kemp

Principal

Brodie has been employed in the commercial property industry for the past 18 years. In his immediate previous role his overall responsibility was for the development management and asset management of a property portfolio with a value in excess of $100 million. Prior to that, Brodie worked for major commercial property firms.

John Burrows

John
Burrows

Chairman

John’s 40+ years as a professional accountant as given him considerable experience in capital raising, real estate investment and development, due diligence, asset and funds management and corporate governance. All of which has required expertise in accounting and auditing, corporate valuation, private equity, feasibility studies, restructuring, strategy and modelling.

Robert
Turnbull

Analyst

Robert joins the BJP team after completing his Bachelor of Property Economics at the University of Technology Sydney 2019. Robert brings to the team expert skills in market research and analysis, as well as growing knowledge of both major and regional commercial property markets nationally.

CONTACT

ACN 157 896 378 Suite 1403, Level 14,
19 Martin Place MLC, Sydney NSW 2000
Phone: +61 2 9134 2670

©Copyright 2018 BARRATT JENNINGS PARTNERS Pty Ltd. All rights reserved.