banking client’s Transaction and asset management services

January 21, 2021
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banking client’s Transaction and asset management services

Challenge: To provide Transaction and Asset management services across a portfolio of 480 interests spanning across 15 countries in Africa

01 APPROACH

  • Portfolio size 177 000m²
  • Footprint in Africa: Southern Africa (Angola, Botswana, Mauritius, South Africa, Zambia, Zimbabwe), East Africa (Kenya, Tanzania, Uganda), West Africa (Cameroon, Côte d’Ivoire, Ghana, Nigeria, Sierra Leonne, The Gambia)
  • Proactively reduce risk by monitoring critical dates, break options, expiries, renewals
  • Oversee and manage the processing of day to day real estate functions

02  SOLUTION

  • Proactively manage leases reduce occupancy ratios, dispose of non-core assets
  • Portfolio site visits with key issues identified and resolved
  • Target driven delivery of expired leases focusing on both volumes and rental reduction savings

03  RESULTS

  • During the tenure of the contract Broll has delivered R65m in gain on sale income for the Bank
  • 13 842m² reduced in the overall portfolio size from branch closures and subletting of excess space
  • Due to governance measures put in place, we were able to reduce the missing leases by 67%.

For more information on this service click here

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