Case Study Flashcards by Will F

Spec / construction of property?

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How did you arrive at the market rent?

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What was your best comparable and what adjustments did you make?

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How did you treat the rent free? Net rent? no net effectives on comparables?

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Do you have Carpetright elsewhere in portfolio and how would you manage them?

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Talk through the advice on the marketting advice for Unit 11?

advise on risk profile for estate
one tenant in more space
tenant expecting lower rent as occupying 2 units already
?

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Lease expiries of existing unit 9 and 10?

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What advice did you give to client regarding targeting just United Silicones?

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Did you advise on Risk exposure to tenant to United Silicones?

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How did you review convenant strength of United Silicones?

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What rental deposit was requested?

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Talk through advice when notified breach when first noticing the breach?

I advised client on tenant breach of lease
I advised client on insurance requirements
I advised structural integrity was compromised

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What legislation requires tenant to ensure health and safety?

Health and Safety at Work Act 1974

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Talk me through stages of inspection?

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How did you assess hazards and risks before attending site and during?

desktop risk assessment
vehicles reversing
heavy plant and machinery
asbestos
contamination
H&S reports

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What physical risks and hazards are there when inspecting an industrial property before inspecting?

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When were current regulations updated? (MEES)?

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When are future changes expected?

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What are risks about advising clients on future EPC changes?

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What is your opinion on EPC as a measurement of sustainability credentials?

EPC measurement of building, not how building is being used

poor measure of sustaianbility as not dynamic

calculations are vague and can vary

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Measurement - What are we required to measure on for office buildings?

IPMS 3

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Measurement - How did you meaure on IPMS 3

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Measurement - Measured on vertical or horizitonal sections?

Vertical

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Measurement - Is IPMS 3 smaller or larger? and why?

Larger

columns
…

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Measurement - Mill Hill - Stand alone unit or terrace?

Measurement - Mill Hill - What was the site cover?

40%? in sq ft

Measurement - Mill Hill - What was the office content?

10% in sq ft?

Measurement - Mill Hill - Why did you not include mezzanine?

Leasing - Retail Kensington - What was the marketting strategy?

- target F&B operator - target 10 year plus - client objectives capital preservation - highlight local amentities - local amentities

Leasing - Retail Kensington - What terms did you advise were appropriate?

- 5-yearly rent reviews - 5-yearly break - inside act? - turnover? - etc

Leasing - Retail Kensington - What advice did you give on the other offers to go with independant operator?

Leasing - Retail Kensington - How did you review covenant strength and what advice did you give?

Credit rating - 60 - ?

Leasing - Retail Kensington - What rent deposit did you agree?

12 months £150k? - extent of fitout? - covenant strength

Leasing - High Wycombe - What advice was provided to client?

- Floor plate size ? - void for? - demand for smaller floorplates? - office space used for? - partioning to split unit?

Leasing - High Wycombe - What advice on lease terms given the partioning?

Property Management - Service Charge Rec - Birmingam - What was the budget running at?

£50k? psf? in line with expectations?

Property Management - Service Charge Rec - Birmingam - How many schedules?

2 what did they relate to?

Property Management - Service Charge Rec - Birmingam - Were their accruals? can you make accruals?

Property Management - Service Charge Rec - Birmingam - Over budget, what advice did you give? What did you do?

Property Management - Service Charge Rec - Birmingam - Why did you not re-ssue budget, why did deal with by way of balancing charge?

Repair works came up close to year end etc

Property Management - CRAR - Trowbridge - What else could you have done?

Rent deposit Payment Plan Forfeiture etc

Property Management - CRAR - Trowbridge - Why CRAR?

Valuation - What is an equivalent yield?

Valuation - Why did you adopt an equivalent yield?

Valuation - Cardiff - What equivalent yield you applied? Where did you derive that from?

Investment sales comps

SRC - Lease Regear - Yield shift, what adjustments did you make between different yields and why?

SRC - Lease Regear - What was the difference? what was it based on?

SRC - Strategic Report - business objectives and strategic goals?

- capital partner - fund objective was to expand into prime retail, capital preservation - how did advice fit with strategy

SRC - EPC Strategy - In this report you say EPC of B is future proofed, but case study says C, why?

SRC - What are large costs that businesses incur?

- employees - IT systems

Sustainability - Green Leases - Example of light green clause implemented?

Sustainability - Green Leases - Example of dark green clause implemented?

Sustainability - Green Leases - Are light green clauses legally enforceable?

- not enforceable - mainly in terms of correct legal drafting?

Sustainability - Green Leases - Did any proposed changes incur cost to tenant?

Service charge contributions Materials if used?

Sustainability - If tenant refused to accept green clause, what advice would you give your client?

Sustainability - Green Lease - How would green leases impact property value?

- future demand will be for sustainable properties

H&S - Victoria - 2 risks identified and how you sought to mitigate them?

Data Man - How do you and your firm comply with UK GDPR 2016 and Data Protection Act 2018?

Data Man - What do you if leakage of personal data, what steps would you take?

- inform compliance officer - inform ICO within 72 hours of breach - risk of personal lost - fine 4% global turnover or?

DEI - CPD on Better Balance, what was one key takeaway?

- standard maternity practice ?

Inclusive Environments - Protected characteristics of UK equality act 2010?

Inclusive Environments - How can you make buildings more inclusive?

- Brail - Ramps - Lifts - Hearing Loops - Wide doors?

Ethics - 5 rules of conduct?

Ethics - What is in appendix A of Rules of Conduct?

Ethics - What are the 6 ethical principles?

Ethics - Hospitality Event - Why did you turn it down?

- proportionality - timing? - supplier trying to win business - conflict

bribert act 2010 principles

proportionality top down comittment etc

Ethics - What steps would you need to take to set up new firm?

RICS compliance - CHP - PII - Inform RICS Statuaoty compliance - GDPR - Equality act etc

Ethics - PII turnover?

Ethics - What if your company doesnt have turnover?

Estimat your tunrover

Ethics - What is your current CHP procedure?

Ethics - Examples of AML Red Flags?

Case Study Flashcards

(73 cards)