1. Commercial Valuation
2. Fixed Charge Receivership
3. Rent Review
Property Partners Gallivan Commercial Valuation team provides expert advice on commercial and residential property valuation. Our clients include banks, corporations, property companies, accountants and receivers and private owners. We specialise in working with owners and lenders to develop strategies for asset management and disposal. We have many years’ experience in the valuation of land for development and agricultural use. We are extremely familiar with the town planning process and legislation. Development appraisals and advice on optimum schemes and phasing are all part of our work.
Fixed Charge Receivership
Turbulent economic cycles continue to highlight the importance of cost-effective strategies for distressed commercial real estate loans and assets. Our team have both the experience and understanding of the complex challenges and opportunities that insolvency and reconstruction can present. We’ll make your assets work for you.
We represent landlords and tenants in rent reviews and lease renewals of all types of commercial property, including offices, retail and industrial.
Our rent review services include:
1. Market appraisal and valuation.
2. Interpretation of leases and licences for alterations.
3. Service of notices and counter notices.
4. Negotiations on behalf of landlords and tenants.
5. Representations to arbitrators or independent experts.
6. Documentation of agreements.
7. Negotiation of new leases on expiry and reference to court if necessary.
We also have a strong track record of negotiating temporary rent reductions for tenants who are experiencing trading difficulties.
It pays to listen to experts - Certified Mediators specifically specialising in Property.
Mediation has become an increasingly important & & relevant mechanism for Irish businesses to resolve disputes. Recent years have seen a drive to encourage alternative ways of resolving disputes, mediation is an relevant alternative to lengthy litigation or arbitration.
The Mediation Bill 2012
The Mediation Bill makes it obligatory for Solicitors and Barristers to advise a client -
1. To Consider using Mediation as an alternative
2. Of the likely costs involved in litigation including opposing cost
3. Of the likely time involved in litigation
4. Of the enforceability of a Mediation Agreement
5. That the courts may well insist on Mediation
6. Of Names and Addresses of Mediators
Clients will be obliged to confirm that the above information has been supplied.
The benefits of mediation include:
1. Cost—Taking less time means expending less money on hourly fees and costs.
2. Confidentiality — while court hearings are public, mediation remains strictly confidential.
3. Control— Mediation increases the control the parties. In a court case, the parties obtain a resolution, but control resides with the judge mediation is more likely to produce a result that is mutually agreeable for the parties.
4. Compliance — the mediated agreement is, however, fully enforceable in a court of law.