COMPLETE PROPERTY SERVICES
From handling a property maintenance issues to a complete evaluation of a client’s
property portfolio, IPG offers:
   • assessment of rental budget process
   • annual budgeting for all leaseholds
   • negotiations with agents, landlords and sub-tenants
   • lease documentation
   • asset register set-up and management
   • strategic advice on commercial terms
   • project management of fit-outs
   • freehold property portfolio management
   • general advice on insurance

CASE STUDIES
• Fairfax Media Pty Ltd - click to see images >>
International Property Group reviewed the strategy for Fairfax’s existing head
office premises located at Darling Park, Sydney CBD and Fairfax Digital located
at Wharf 7, Pyrmont and assessed the alternatives for office accommodation
on a stay versus move scenario.

Advice included the following:

• Negotiations for surrender of Darling Park lease.
• A review of existing space at Darling Park, including an analysis of capital
  costs for refurbishment.
• An assessment of the office leasing market and identification of the
  opportunities of locating a tenant to take over the existing Fairfax lease.
• Assessment and space audit analysis of alternative accommodation taking
  into account the current and future requirements for Fairfax.
• Negotiations on behalf of the client to occupy One Darling Island including
  rental advice, lease term, commercial lease issues, the co-ordination and
  preparation of the various agreements and the lease documentation.
  The total building area is approximately 22,200m2 including 160 car parks
  fully occupied by Fairfax Media Ltd.
• Rental advice for an office fitout and data centre relocation at 55 Pyrmont
  Bridge Road.
  
• Advice on lease negotiations, solicitor's instructions, project management
  and the coordination of the move from Darling Park and Wharf 7 to
  One Darling Island, and the computer centre at 55 Pyrmont Bridge Road.
• Working with the client to determine and manage an approved fit out
  budget (approximately $6.5m for Fairfax Digital and approximately $30m
  for Fairfax Media at One Darling Island and approximately $7m at
  55 Pyrmont Bridge Road). Responsibilities on behalf of the client included
  the appointment of:
  - Consultants (architects, services engineers, quantity surveyors etc
     including fee arrangements)
  - Tender Document
  - Negotiations of the workstation contract
  - Tendering of the fit out and assessment of tenderers
  - Negotiation with the successful tenderer including building contract
     negotiations
  - Working to an agreed capital budget for the successful completion
     of the fit out at each location