We apply a number of tools when in "trouble shooting" mode, the selection of which will be determined (in conjunction with the client) following an Options Analysis.

This, first stage, will identify the areas of concern. Whilst often reflecting the clients perception of where the problems have arisen, we are generally able to identify underlying issues which are frequently overlooked and/or misunderstood. We provide a menu of solutions and their associated costs/benefits, with a recommended route forward and timeframe.

Following the clients acceptance of our recommendations, we manage the process, drawing on both our specialist skills, as well as those of 3rd party consultants necessary to deliver the project, providing the client with clear and unambiguous support and information throughout.

Examples of the tools we are able to employ include: -

- Corporate PFI
- Refinancing operational and investment properties, including tax efficient vehicles
- Lease regearing/novation
- Surrender negotiations
- Acquisitions and Disposals

It should be noted that many of these tools, with the possible exception of Corporate PFI, are not unique in concept. However, the vision and skill with which they are employed, as well as the added value and benefits arising from their successful application are a testament to the CRES team's performance for our clients.

We provide our clients, particularly those without an in-house property function, with a dedicated account manager, focused on delivering the full range of property related services in a consistent, coherent and cost effective manner.

We are able to take on the day to day management of operational and investment portfolios, releasing the clients management and administrative functions to concentrate on their core business activities and ensuring that the properties are managed, in an efficient and cost effective manner, thereby reducing their drain on the clients finances.

Furthermore, our close involvement with management as well as the property portfolio, leaves us well placed to identify opportunities to add value, releasing cash and reducing liabilities.

Our approach is one of customer service, providing pragmatic solutions to the full range of issues which arise.

In addition to these two distinct offers (although possibly aligned with the first) we provide a property due diligence service, advising our clients or their advisers on the property implications of M&A and business divestment activities.

In our experience, the property assets and liabilities are frequently overlooked - the assumption being that they will look after themselves - the reality, however, is that they provide a drag on the anticipated synergies and savings which originally gave rise to the transaction.

Our approach is to assess the true worth of property assets & liabilities, benchmarking against the prevailing market and identifying hidden value or quantifying liabilities.

When an organisation is divesting itself of non core businesses we can also assist - ensuring that the property assets/liabilities are structured in such a way to enhance the sale proceeds, rather than being seen as a drain on value, as is often the case.

Having established the true value of the properties, in both financial and operational terms, we can then map out a strategy to ensure that the transaction fulfils its potential (or at least that property won't contribute to its failure...)