Projects | Commercial Office & Mixed Use

Wollongong City Centre Project
Advisory and Facilitation

Palladium was appointed to review investment potential for both corporate Australia and property developers/investors; design and implement an engagement/advocacy campaign and facilitate new relations from property/corporate companies with key stakeholders. To achieve this we devised an engagement strategy for both business space users and property investors/developers and identified the key industry sector benefits.The process comprises implementation of the engagement process through targeted approaches with correspondence, verbal and meetings to motivate interest, generate engagement with key stakeholders and invest in the continuing growth phase of the Wollongong CBD.

Proposed Commercial Office & mixed uses – Wollongong NSW
Advisory, Development Management & Transaction Management

Palladium was appointed to provide our full suite of professional services from project inception including: analysis of demographic factors, a review of retail trade areas and drive times, investigation into local dynamics, analysis of rental evidence and assessment of indicative rents likely to be achieved within the proposed development. Key roles were to:

• Identify and secure corporate offices / government users prior to completion
• Manage EOI campaign and secure leading child care operator on a long term lease
• Assist with funding application supporting documents and seek Joint Venture Equity Partner
• Manage effective branding & marketing process in order to secure pre-commitment
• Appoint and manage leading ESD consultant to ensure target Green Star and NABERS design and as built solution
• Co-ordinate the professional consultants (architects, planning, engineering, traffic consultants, ESD to ensure maximum efficiency of net lettable areas and reduced construction costs
• Devise and manage the branding/marketing process

Proposed Commercial Office, Gym & Childcare – Five Dock, NSW
Transaction Management

Palladium devised a marketing strategy “Work, Learn & Play” and managed the leasing process through select agents with the aim of securing pre- commitment from anchor tenants, building the brand profile prior to the completion of the project.  This was achieved through pre-lease analysis, anchor tenant identification and negotiation, project branding and leasing management. Success included securing ABC Learning Centres on along term lease and assisting with a long term lease to Fitness First.

Existing Service Station Site, Balmain NSW
Advisory and Transaction Management

Palladium provided strategic advice regarding disposal strategies to maximise the return and minimise the discounting due to potential site contamination.  Independent initial reviews were undertaken to identify the potential of disposal on the open market.  Associated risks due to possible contamination of the site and likely remediation requirements were assessed and recommendations made. The disposal of the property on favourable terms was managed by Palladium.

We advised and represented a boutique fund manager to successfully secure new office facilities  in the Sydney CBD on competitive terms. The role comprised strategic advice, identification of a short-list  of various A-Grade office alternatives for a medium term lease to accommodate corporate growth. Competitive rental and innovative structuring allowed for an early exit to accommodate the forecast rapid company growth and relocation to larger premises were negotiated to provide the space user flexibility at minimum cost.

We advised and represented this ASX Listed resources company to identify and secure various office alternatives on the North Shore for medium term lease to reflect the changed accommodation requirements of the department. The optimum solution achieved was the negotiation of an attractive rental, favourable and flexible terms best suited to the company’s requirements by retaining the existing office space.