Solutions
Murchison Group offers a full range of real estate services. Property Solutions deals with resolving the many property problems owners and property-associated industries are facing. Some of these issues are a result of the current market, others are intrinsic to the particular property.
The process of resolving property issues successfully requires a broad range of skills. Murchison Group is an integrated property group offering a diverse end-to-end property and development service.
Services include;
Redevelopment and Project Management
Resolving property issues often requires modification or redevelopment. It is essential that the costs justify the return. Murchison Group is conscious of the cost-benefit equation and prepares feasibilities accordingly.
Murchison Group undertakes all the liaison with architects, planners, builders, and other suppliers for the successful completion of property modifications or redevelopments.
Negotiation – Consultancy, Advocacy, and Tenants
The negotiation process is one of the most important parts of property investment. Murchison Group specialises in maximising the desired position of each client.
Murchison Group has experience acting for investors, vendors, landlords and tenants in negotiations on acquisition, disposal, rent reviews, lease renewals and lease restructures in the office, industrial, retail, and educational sectors.
The role of an advocate is valuable in property as it puts a professional third party representative between owner and the supplier, thereby ensuring issues remain on track and solution/results based.
Effective dispute resolution in vital to healthy relationships between all parties in the property lifecycle. It is common for issues to become clouded and for pride to prevent discussions moving forward. With expertise in mediation and dispute resolution, Murchison Group can facilitate discussions and negotiations to a satisfactory conclusion.
Marketing and Strategy
Marketing of a property requires establishing the property’s strengths, focusing on the desired end result (outright sale, joint venture), identification of the target market, and accessing that target market in a way that will stimulate response.
As your marketing partner, we offer total marketing solutions packages including drafting of the marketing concept, creation of the brand identity, management of the process of public awareness, and advice on the correct path to ensure successful sales. We also offer advice and implementation on the most effective team (including agents) to assist in the process.
Divestment
In addition to marketing, divestment can contemplate joint venture partnerships. Well structured partnerships enable two or more parties to benefit from eachother’s particular strengths, adding to the cliche “ the whole is greater than the sum of its parts”.
When markets slow down, more imaginative divestment techniques are required.
Funding
Murchison Group has established relationships with a wide range of financial institutions in New Zealand and is well placed to represent clients in sourcing both equity and debt funding.
Joint Ventures can also be an advantageous ownership method offering benefits to parties otherwise not possible through conventional means.
Property Development
Murchison Group can, through both in-house and established networks, offer hands-on development management including deal sourcing, development/construction management, financial assessment, and marketing/branding expertise. Murchison Group has the ability to manage a project from conception to completion.
Our principle development roles and services include:
- Completion of due diligence
- Defining the required business outcome
- Creation of financial modeling on cost and expected return
- Advise on the viability and deliverability of projects in commercial terms
- Assessment and implementation of raising development funds
- Risk mitigation
- Site assembly and acquisition.
- Establishment and negotiation of the terms of the development team.
- Management of project design process
- Control and management of financial investment
- Project and construction management
- Project marketing
- Implementation of ongoing facilities management
We have diverse experience in property development and can facilitate the delivery of projects across a broad range of property sectors.
We also have the experience to deal with varying scales of property developments - from inception to completion - we form close partnerships with our clients to become an extension of their team ensuring a smooth process.
Murchison Group believes in strong risk mitigation through pre-letting, pre-sales, underwrites, and well-negotiated contracts. We understand the importance of being “risk aware” and can support clients through all stages of the development life-cycle.
Click to the image below to see our development cycle in details.
