About This Course
Conducting due diligence is a vital part of the commercial leasing process. It allows both tenants and landlords to make informed decisions by thoroughly assessing the financial, legal, technical, and commercial suitability of a property. Poorly negotiated lease agreements can result in significant risks for businesses, making expert guidance essential from the outset. With support from professional consultants—such as project managers, surveyors, and engineers—stakeholders can better understand the opportunities and challenges a property presents before signing on the dotted line.
You'll explore the various stages and types of due diligence, including the roles of key advisors such as Tenant Representatives, Quantity Surveyors, Solicitors, and Workspace Planners. This course also highlights the documents and verification processes that landlords expect from prospective tenants, helping Commercial Property Managers bridge the expectations between both parties. Whether assessing project viability or aligning lease terms with long-term business strategy, due diligence is an essential risk management tool for all involved.
By the end of this course, you will:
- Understand the distinct roles of Tenant Representatives in commercial leasing.
- Learn how independent and corporate Tenant Reps approach leasing strategy.
- Explore key negotiation tactics used to secure tenant-favourable lease terms.
- Identify the various advisors who support tenant-side property decisions.
- Examine how Tenant Reps collaborate with Commercial Property Managers.
- Gain insight into the factors influencing lease decisions and fee structures.
- Recognise how Tenant Reps stay informed through market research and insights.
- Prepare to engage with Tenant Reps effectively across the lease lifecycle.
Topics Covered:
- The Purpose of Clients Undertaking Commercial Due Diligence
- Who Assists in Due Diligence?
- Kinds of Due Diligence and Who is Involved
- Understanding Landlord Expectations and Requirements for Incoming Tenants
Course Duration: Approximately 20 minutes
Access to Course: 7 days from date of purchase