IGA

Market Review – Determination
Existing Gross Rent: $225,000 p/a
Determined Outcome: $140,000 p/a

Total 5-Year Benefit to Tenant: $425,000

This is the first case in which the methodology that would become GEM Lease Analytics™ was used by Don Gilbert to make a submission to a Determining Valuer, yielding substantial savings for the tenant.

Over the next 10 years, many substantial improvements have been made, including new proprietary algorithms that link and interrogate or ‘test’ the data, the addition of industry benchmarks for comparisons, an easy-to-use, step-by-step data collection process, and fully automated, web-based reporting and operation. The resulting ‘Software as a Service’ (SaaS) product is a world-first and a Finalist in the 2021 Royal Institute of Chartered Surveyors (RICS) “Innovation” category.

Facebook
Twitter
LinkedIn
WhatsApp