Project summary
- Completed a tri-annual report on the telecoms leases found on the clients rooftop.
- Identified rent passing and any outstanding actions (rent reviews, upgrades, lease renewals).
- Identified the client’s position should they wish to relocate or remove the telecoms equipment for upcoming major development works.
Solution
- Carry out outstanding rent reviews.
- Provide specialist advice on existing leases.
- Engage with a specialist solicitor with regard to relocating telecoms equipment.
Benefits
- Client benefitted to overall increase of 14% in completing the rent reviews.
- Client benefitted detailed commentary and recommendations on their ability to relocate telecoms equipment.
- Future proofed the Client’s needs and goals for the next 50 years.
- Coverage of the majority of clients professional fees was paid by the Operator.
