Orchard Arcade – Retail Precinct

Relationship to us: Newly appointed Managing Agents

What were their challenges:

The Arcade:

• Was poorly managed
• Had high expenses
• Significant amount of income was not crystallized.

How did we help:
Undertook thorough lease audit and detailed review on outgoing expenditure. This lead to billing approximately 1 million dollars of charges missed by the previous agent.

What did they learn that we can share:
Regular audit of lease to tenancy schedule to ensure billing is correct.