KBS’ Post

🌟 Attention Business Owners! 🌟 Are you looking to slash your Business Rates bills and maximise savings? Aspen Waite Legacy is your trusted partner in achieving financial efficiency! 🏢 **Property Type:** Office 📏 **Size:** 6,174 square ft 📍 **Location:** Bristol Our client occupied a spacious office in central Bristol, leasing out unused parts to third parties. However, with no assessment during the 2010 and 2017 rating lists, the property's valuation remained uncharted territory. Desktop analysis revealed discrepancies in value per square meter compared to similar offices in the area and complications arose due to third-party occupiers, necessitating a cautious approach. Through meticulous strategizing, several separate savings were achieved. Using a broad range of reviews a substantial combined saving was secured. 💰 **Achieved Saving:** £149,000 Don't let your Business Rates burden weigh you down. Contact Aspen Waite today and let us craft tailored solutions to optimise your financial standing! https://lnkd.in/ewC6W9vA #BusinessRates #CostSavings #BristolBusinesses #AspenWaiteLegacy

🌟 Attention Business Owners! 🌟 Are you looking to slash your Business Rates bills and maximise savings? Aspen Waite Legacy is your trusted partner in achieving financial efficiency! 🏢 **Property Type:** Office 📏 **Size:** 6,174 square ft 📍 **Location:** Bristol Our client occupied a spacious office in central Bristol, leasing out unused parts to third parties. However, with no assessment during the 2010 and 2017 rating lists, the property's valuation remained uncharted territory. Desktop analysis revealed discrepancies in value per square meter compared to similar offices in the area and complications arose due to third-party occupiers, necessitating a cautious approach. Through meticulous strategizing, several separate savings were achieved. Using a broad range of reviews a substantial combined saving was secured. 💰 **Achieved Saving:** £149,000 Don't let your Business Rates burden weigh you down. Contact Aspen Waite today and let us craft tailored solutions to optimise your financial standing! https://lnkd.in/ewC6W9vA #BusinessRates #CostSavings #BristolBusinesses #AspenWaiteLegacy

The journey from empty office buildings to habitable residences is far from a linear path, or a straightforward one, and comes with considerable challenges. In this article, Charvi Gupta, Director, delves into the complexities along the path with insights from the financial restructuring perspective, with current conversion examples. Read the complete article in Real Estate Business Online here: https://lnkd.in/gMZS9nce

In the latest NACFB magazine, our CEO Nigel Smith gave his thoughts on the opportunities that a recalibrating office property market offers in 2024. 🏢 Check out Nigel’s thoughts on the article below and give the rest of their excellent magazine a read here: https://lnkd.in/ehX2Je6v #commercialproperty #ukproperty

💻 Webinar Alert: Valuation of Office Buildings on Jan 24, 2024 Join speakers John Watling and Myke Harrison, for a webinar addressing the challenges owners and tenants face, including increased vacancy rates, space reduction, quality shifts, and tenant inducements. We will discuss how return-to-work policies, carbon tax initiatives and higher carrying costs impact office valuations. Gain insights into the state of the office industry and look to potential solutions moving forward. Link in the comments. #officebuildings #realestate #valuation

🌟 Attention Business Owners! 🌟 Are you looking to slash your Business Rates bills and maximise savings? Aspen Waite Legacy is your trusted partner in achieving financial efficiency! 🏢 **Property Type:** Office 📏 **Size:** 6,174 square ft 📍 **Location:** Bristol Our client occupied a spacious office in central Bristol, leasing out unused parts to third parties. However, with no assessment during the 2010 and 2017 rating lists, the property's valuation remained uncharted territory. Desktop analysis revealed discrepancies in value per square meter compared to similar offices in the area and complications arose due to third-party occupiers, necessitating a cautious approach. Through meticulous strategizing, several separate savings were achieved. Using a broad range of reviews a substantial combined saving was secured. 💰 **Achieved Saving:** £149,000 Don't let your Business Rates burden weigh you down. Contact Aspen Waite today and let us craft tailored solutions to optimise your financial standing! https://lnkd.in/ewC6W9vA #BusinessRates #CostSavings #BristolBusinesses #AspenWaiteLegacy

U.S. commercial real estate (CRE) struggles to get back on its feet, with the ailing office sector dampening the ratings outlook. Find out more and get up to speed on the key findings of our U.S. CRE webinar here: https://ow.ly/rSbz50QG96m

S&P addresses the CRE asset issue. Key takeaways: - U.S. commercial real estate (CRE) struggles to get back on its feet, with the ailing office sector dampening the ratings outlook. - Difficult conditions for refinancing loans could put the resilience of commercial mortgage-backed securities (CMBS) to the test, while real estate investment trusts (REITs) might face a decline in credit quality. - CRE financing companies (fincos) continue to focus on maintaining liquidity over new loan originations as they face deteriorating asset quality, rising credit loss reserves, and an increase in underperforming loans. - With banks remaining the largest source of funding for CRE, and CRE delinquencies rising, most banks maintain manageable exposures to office loans. We closely monitor banks with the highest CRE exposures. I would add: - Smaller banks carry greater risks. ""The size of the bank matters," Stuart Plesser, Managing Director for U.S. Banks, said. "In the case of banks with over $100 billion in assets, CRE loans only account for 12.5% of the total loan book but represent roughly 38% for banks with less than $10 billion in assets." Some of these smaller banks, which are typically not rated, could feel the repercussions of their high CRE exposures over the medium term." - Not all CRE loans are created equal. The stress is concentrated in, though not exclusive to, offices. (Industrial is weakening, and I would expect that and Retail to suffer a bit as the economy slows.)

Great insight on current market trends within the industry, and FY24 outlook for what is to come in CRE.

Discover the latest trends in family office real estate investments through RSM senior real estate analyst Gene Garcia’s recent article. This insightful piece highlights key opportunities and challenges in the market. Essential reading for real estate professionals! Read the full article 🏡📚 #realestate #interestrates https://rsm.buzz/3MXlmvY