HK$3,000 – HK$3,500

Commercial Landlord and Tenant: Rent Review and Lease Renewals (NOV 2019)

Event Information

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Date and Time

Location

Location

RICS Office

Room 3707-09, Hopewell Centre

183 Queen's Road East

Wanchai, Hong Kong

Hong Kong

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Refund Policy

Refund Policy

No Refunds

Event description

Description

Date: Friday, 22 November 2019
Time: 9:30am to 5:30pm (Registration starts at 9:15am)
Venue: Room 3707, Hopewell Centre, 183 Queen’s Road East, Wanchai, Hong Kong
Early Bird: HK$3,000 (MRICS / APC); HK$ 3,500 (Non-RICS Member)
Course Fee: HK$3,500 (MRICS / APC); HK$4,000 (Non-RICS Member)
CPD hour: 6 hours
Language: English (supplementary with Cantonese)



Event overview

Dealing with a commercial property rent review or lease renewal requires skills that develop over time and through experience. To identify the relevant features of a lease and rent review clause that may affect rental value, and to be able to make qualitative adjustments to the available evidence, surveyors need technical skills in lease interpretation resulting from an understanding of relevant legislation, case law and guidance. In order to reach a negotiated settlement and to avoid conflict professionals need negotiation and client care skills. Both technical and soft skills are covered in this course.

This one-day course provides an introduction to the broad area of commercial property rent reviews and lease renewals, and explains the options and procedures of dispute resolution when negotiations break down.




Learning Outcomes

After attending this course, you will be able to

  • Advise on Commercial Rent Reviews and Lease Renewals with reference to up-to-date regulation and guidance
  • Read and understand commercial leases, and identify key terms
  • Follow standard processes for rent reviews and lease renewals
  • Negotiate rent reviews and lease renewals confidently and successfully, and resolve disputes efficiently




Programme


Background / Legislation / Lease Analysis


Rent Review & Lease Renewal Process

  • Headline Rents
  • Rent Review Process
  • Renewal Process
  • Termination of the Lease
  • Interim Rent


Dispute Resolution & Guidance / Evidence / Reporting & Negotiating

  • Researching comparable evidence
  • Researching, Weighting and Adjusting Evidence
  • Reporting to your client
  • Negotiation tactics and achieving results in L&T negotiations
  • Final advice to client – settle or refer for dispute resolution?



Settle of Refer / Case Studies / Q&A

APC Session

  • The last thirty minutes is optional to attend and will focus on successfully demonstrating the APC Landlord & Tenant Competency in your APC assessments.




Who Should Attend?

  • Commercial Property Surveyors

  • Professionals who wish to develop landlord & tenant rent review and lease renewal negotiaton skills




About the Trainer

Mr. Vincent Cheung FRICS
Managing Director
Vincorn Consulting & Appraisal Limited

Vincent is the founder and Managing Director of Vincorn Consulting and Appraisal Limited. He has over 22 years of experience in the real estate and corporate valuation and advisory industry.

He is the fellow member of RICS, the member of HKIS, Registered Professional Surveyor (General Practice Division), the member of The Hong Kong Securities and Investment Institute, the member of The Institute of Shopping Centre Management, the council member of The Hong Kong Institute of Real Estate Administrators, the member of China Institute of Real Estate Appraisers and Agents. He is also the active commentator and columnist of various public media.




Enquiries

Please contact Mr. Peter Au at +852 2116 9719 or email pau@rics.org


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Date and Time

Location

RICS Office

Room 3707-09, Hopewell Centre

183 Queen's Road East

Wanchai, Hong Kong

Hong Kong

View Map

Refund Policy

No Refunds

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