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Tenant Representation and Project&Development Services Budapest | Hungary Making the match between Property and Client
Tenant Representation andProject&Development Services
Budapest | Hungary
Making the match between Property and Client
Hungary Tenant Representation | and Project & Development Services
Tenant Representation
Irrespectively of relocation, lease renewal or consolidation of leases, Tenant Representation is the way in which the tenants are guaranteed that their sole interest is represented throughout the entire real estate process, they have seen all occupancy alternatives, picked the best solution, achieved the most competitive business terms and negotiated the most favorable contractual clauses and conditions. A successful real estate strategy goes beyond finding office space. Our professionals uncover opportunities for your business to reduce real estate risk, save costs, improve productivity and set the foundation for continued success. Our Tenant Representation business line is supported by an in-house Project & Development Services team, providing technical advisory throughout the real estate project.
§ JLL was the first real estate consultancy firm in Budapest with a separated Tenant Representation department set up in 2008 –
solely working for occupiers
§ We are wholly owned by Jones Lang LaSalle Inc. and not owned by and do not depend on any developer
§ Real estate strategy means long term commitment: we are trusted advisors and consultants, not brokers
§ We are committed to transparency and we never compromise on business ethics
§ Our enthusiasm is unprecedented: when working on behalf of a client, we act as we were looking for offices for our own firm
§ Proven track record of combined Tenant Representation and Project & Development Services in
• HQ projects• Lease renegotiations• Relocations• Strategic consultancy
JLLJones Lang LaSalle Inc. (NYSE: JLL) is a professional services and investment management firm offering specialized real estate services to
clients seeking increased value by owning, occupying and investing in real estate. With annual fee revenue of $4 billion, JLL has more than 200
corporate offices and operates in 75 countries worldwide.
JLL opened its Budapest office in 1992 as one of the first international real estate advisory firms. Today JLL is among the largest real estate
consultancy firms in Hungary with more than 60 employees, being the absolute market leader in Capital Markets, Tenant Representation and Valuation Advisory.
Our services include:
§ Capital Markets
§ Office, Retail and Industrial Agency
§ Project & Development Services
§ Property Management
§ Research & Marketing
§ Tenant Representation
§ Valuation Advisory
JLL operates a Central & Eastern European regional network across six countries: Poland, Czech Republic, Slovakia, Hungary, Romania and
Serbia (acting as the SEE hub). The first JLL office was established in 1992 in Prague. The company since has become one of the leading
providers of real estate services with over 400 professionals.
TenantRepresentation
Project start
• Requirement assessment• Current lease agreement analysis• Location analysis/feasibility study• Office market study• Request for Information (RFI)• Analysis of RFI • Shortlist• Request for Proposal (RFP)• Analysis of RFP• Counter proposals• Final and best offers from landlords• Final analysis• Decision
• Assessment and review of Technical Requirement Sheet (TRS) and Space Requirement Sheet (SRS)
• „Apple to apple” basis technical comparison• Budgeting and programming• Technical due-diligence of the site/project,
highlighting critical points• Space efficiency/sustainability/ergonomics
Selection of the property
Signature of the lease
• Finalizing terms and conditions• Heads of Terms (HOT) or
Letter of Intent (LOI)• Lease negotiations• Finalize lease documentation• Corporate approval process• Lease signature
Ÿ Fine tune space plansŸ Finalize TRS and detailed budgetŸ Lease review and preparation of technical
appendicesŸ Lease signature
• Prepare lease abstract• Post transaction works• Maintain client care
• Project management or project monitoring• Design development management• Tendering control• Supervision of quality and quantity• Project administration• Move management• Management of the hand-over
(punch list and follow up)• Close contracts
Moving in
Tenant Representation Project & Development Services
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Tenant Representation Hungaryand Project & Development Services |
Project & Development ServicesJLL’s Project & Development Services (PDS) team delivers project and construction management as well as building surveying services to investors, occupiers and developers. We give pro-active commercially-driven technical advice on new developments and existing buildings including interior fit-out, multi-site program rollouts, complex redevelopments and ground-up construction, in sectors as diverse as offices, shopping centres, retail and logistics. Our PDS team integrates closely with JLL’s Tenant Representation, Property Management, Leasing, Investment and Valuation teams to ensure highest value is added throughout the complete real estate life-cycle.
Project & Development
Services
§ JLL was the first real estate service provider in Budapest with a separate
Project & Development Services department set up in 2004§ A team of four project managers operating in Budapest as part of the CEE regional team§ Managing projects totalling over 30,000 sq m in area, and close to €8 million in value § Unique combined knowledge of in-house technical, legal and commercial expertise Key areas of activities:
Project Management or Project Monitoring
• Space planning & workplace re-stacking• Technical consultancy• Budgeting and cost management• Quality and quantity surveying• Environmental consultancy
Project Path
Tenant Representation
Copyright © Jones Lang LaSalle 2014
This publication is the sole property of Jones Lang LaSalle IP, Inc. and must not be copied, reproduced or transmitted in any form or by any means, either in whole or in part, without the prior written consent of Jones Lang LaSalle IP, Inc. Jones Lang LaSalle does not accept any liability in negligence or otherwise for any loss or damage suffered by any party resulting from reliance on this publication.
Jones Lang LaSalle Kft.1054 Budapest Szabadság tér 14.Tel: +36 1 489 0202Fax: +36 1 489 0203www.jll.hu
Project & Development Services Research & Marketing
Hajnalka NagyHead of Tenant [email protected]: +36 70 333 8686
Dr. Gábor OnczayAssociate DirectorHead of Project & Development Services [email protected]: +36 70 333 4848
Rita Tuza Head of Research LEED Green [email protected]: +36 70 331 6606
Péter ÁdámSenior Project Manager, MSC Civil [email protected]: +36 70 333 0909
Enikő SallaiProject [email protected]: +36 70 333 8787
Andrea MarianHead of [email protected]: +36 70 333 4141
Mária StarmannNational [email protected]: +36 70 333 5151
Szabolcs [email protected]: +36 70 333 5858
Dániel BuktaProject [email protected]: +36 70 383 1015
