Increased Rent by $43 sqm, Property Value by 35%
Prosper Group has been very active with our Brisbane commercial property investments. By maintaining close contact with the tenant they received an early indication that the tenant was planning to vacate the property at the end of their term. Once aware of this Prosper Group immediately performed a market analysis determining the appropriate market rental rates and terms on which a new tenant could be secured. By the time the existing tenant had vacated a new prominent tenant had been located and terms agreed to, including; a 5 year term and a net rental rate of $43 per sqm more than the previous tenant was paying.
Throughout the process Prosper Group consistently updated us and arranged the whole leasing process very effectively.
Prosper Group’s Asset Management service is about improving the financial performance of our commercial property. In our case they exceeded our expectations by improving the cash flow to a net yield above 10.5% and increasing the value of the property by approximately 35 -50%.
It is with confidence that I can say Prosper Group will be engaged to manage further commercial properties which we acquire throughout NSW and QLD.
Regards
John
BSA Property Trust
Adding Value
‘Prosper Groups service is tailored towards the financial
performance of the property and creating equity within,
as well as taking care of the day to day management activities‘
‘Prosper Groups service is tailored towards the financial
performance of the property and creating equity within,
as well as taking care of the day to day management activities‘
Retail Property Asset Management
Prosper Group's service is wholistic in a way, they take all angles
in to consideration to ensure the best possible outcome and they
are always available to answer any query, no matter how trivial.
Prosper Group's service is wholistic in a way, they take all angles
in to consideration to ensure the best possible outcome and they
are always available to answer any query, no matter how trivial.
Market Review Negotiations
I have confidence knowing my property is being managed
by professionals who understand the property market and
the importance of my return on investment.
I have confidence knowing my property is being managed
by professionals who understand the property market and
the importance of my return on investment.