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
