1E - Property Management - Christine Janaway & Jon Wright

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Property Management Christine Janaway Bruton Knowles Jon Wright, Mencap

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Speakers at CFG's Annual Conference 2012

Transcript of 1E - Property Management - Christine Janaway & Jon Wright

Page 1: 1E - Property Management - Christine Janaway & Jon Wright

Property Management Christine Janaway Bruton KnowlesJon Wright, Mencap

Page 2: 1E - Property Management - Christine Janaway & Jon Wright

Introduction

Charity Commission Guidance

Fitness for Purpose

Keys to success

Quick Guide to property investment

Case Study – Mencap

Contents

Page 3: 1E - Property Management - Christine Janaway & Jon Wright

Hallmarks of an Effective Charity Hallmark 5: Financially sound and prudent

“An effective charity has the financial and other resources needed to deliver its

purposes and mission, and controls and uses them so as to achieve its potential”

Charity Commission Guidance

Page 4: 1E - Property Management - Christine Janaway & Jon Wright

Property – is it an asset?• Operational• Financial

Property – or is it a liability? • Unsuitable• Insufficient • Unsustainable • Obsolete

To think about …

Page 5: 1E - Property Management - Christine Janaway & Jon Wright

Short term • Identify core property • Review -SSS• Identify surplus property• Assess liabilities/opportunities

Medium term• Restructure leases• Realise assets where viable • Add value to portfolio • Planned maintenance/development

Not fit for purpose?

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Creating an effective property portfolio

Establish Board/Senior Management responsibility

Identify necessary resources• Internal• External

Set project plan

Implement

Review

Keys to success

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Property Investment

What is the investor actually buying?

1 - ££££££

2 - ££££££

3 - ££££££

Quick guide to …..

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Property Investment

Example 1

Rental income £100k pa

Tenant – say Sainsbury’s

Value??

Quick guide to …..

Example 2

Rental income £100k pa

Tenant – say Joe Bloggs Ltd

Value??

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Property Investment

What is the investor actually buying?

££££££

Investment yield spread

“junk bonds” “gilts”

Where does property lie on this line?

Is it even on this line?

Quick guide to …..

Page 10: 1E - Property Management - Christine Janaway & Jon Wright

Property Investment

What is the investor actually buying?

££££££

Quick guide to …..

Example 1

Rental income £100k pa

Tenant – say Sainsbury’s

Yield??

Example 2

Rental income £100k pa

Tenant – say Joe Bloggs Ltd

Yield??

Page 11: 1E - Property Management - Christine Janaway & Jon Wright

Property Investment

Yield drives valueBased on –Covenant (tenant) strengthRental income Property type and location

Quick guide to …..

Page 12: 1E - Property Management - Christine Janaway & Jon Wright

Mencap acquisition of the care homes on sustainable business model based on the principle that yield drives value

Background

Existing leases

Landlord’s (ie. Funding bank’s) requirements

Mencap’s agreed terms

Case Study - Mencap

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Mencap’s perspective• Rent reduced by almost 30%• Removal of rental escalator • Secure and financially sound business model

Landlord’s perspective• Lower yield• Long term confidence in the income stream• Improved capital value – from £15 to £20m• Better funding terms from bank

Case Study - Mencap

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Questions


Janaway - University of Hawaii Systemfreeman/courses/phil330/02. Janaway on Plato.pdfCHRISTOPHER JANAWAY health from a good place, leading them unwittingly, from childhood on, to resemblance,

Janaway - University of Hawaii Systemfreeman/courses/phil330/02. Janaway on Plato.pdfCHRISTOPHER JANAWAY health from a good place, leading them unwittingly, from childhood on, to resemblance,

No Slide Titlecas.web.cern.ch/sites/cas.web.cern.ch/files/lectures/platjadaro-2006/baglin.pdf12 Experimental evidence of thermal transpiration Static conditions 1E-14 1E-13 1E-12 1E-11

No Slide Titlecas.web.cern.ch/sites/cas.web.cern.ch/files/lectures/platjadaro-2006/baglin.pdf12 Experimental evidence of thermal transpiration Static conditions 1E-14 1E-13 1E-12 1E-11

FHSS Radio Design - TAPR · 1E-12 1E-11 1E-10 1E-09 1E-08 1E-07 1E-06 1E-05 0.0001 0.001 0.01 0.1 1 ... loop cannot lock. ... Loop Filter Analysis • Frequency & Phase Response of

FHSS Radio Design - TAPR · 1E-12 1E-11 1E-10 1E-09 1E-08 1E-07 1E-06 1E-05 0.0001 0.001 0.01 0.1 1 ... loop cannot lock. ... Loop Filter Analysis • Frequency & Phase Response of

François Gelis The early stages of Heavy Ion Collisionspyweb.swan.ac.uk/sewm/sewmweb/talks/gelis.pdf0 500 1000 1500 2000 2500 3000 3500 g 2 m t 1e-13 1e-12 1e-11 1e-10 1e-09 1e-08

François Gelis The early stages of Heavy Ion Collisionspyweb.swan.ac.uk/sewm/sewmweb/talks/gelis.pdf0 500 1000 1500 2000 2500 3000 3500 g 2 m t 1e-13 1e-12 1e-11 1e-10 1e-09 1e-08

Accurate Prediction of Soft Error Vulnerability of ... · Localized rollback recovery scales with system size 1E-5 1E-4 1E-3 1E-2 1E-1 1E+0 1E+1 1E+2 1 2 4 8 16 32 64 128 256 512

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FS740 GPS Time and Frequency System - SRS …FS740 GPS Time and Frequency System 1E-15 1E-14 1E-13 1E-12 1E-11 1E-10 1E-09 0.01 0.1 1 10 100 1000 10000 100000 1000000 Allan Deviation

FS740 GPS Time and Frequency System - SRS …FS740 GPS Time and Frequency System 1E-15 1E-14 1E-13 1E-12 1E-11 1E-10 1E-09 0.01 0.1 1 10 100 1000 10000 100000 1000000 Allan Deviation

Contracts 1e

Contracts 1e

Starleader NL. 395442 5** ) · "Chanel No 5" 1e Gennep 7890 1e Hazeldonk 2651 1e Pommeroe. 1456 1e Chateaur. 1418 1e Vilvoorde 1125 Bel 01- 512 M "Jo;rge BIiksem" Vandenabeeie Blue

Starleader NL. 395442 5** ) · "Chanel No 5" 1e Gennep 7890 1e Hazeldonk 2651 1e Pommeroe. 1456 1e Chateaur. 1418 1e Vilvoorde 1125 Bel 01- 512 M "Jo;rge BIiksem" Vandenabeeie Blue

Stephen janaway mobile testing - that's just a smaller screen, right

Stephen janaway mobile testing - that's just a smaller screen, right

Workshop April 4th, 2007 Lithography A UC Discovery ...cden.ucsd.edu/internal/Publications/workshop... · 1E-11 1E-10 1E-9 1E-8 1E-7 1E-6 1E-5 1E-4 Dr ai n C u r r e nt (A) l og sc

Workshop April 4th, 2007 Lithography A UC Discovery ...cden.ucsd.edu/internal/Publications/workshop... · 1E-11 1E-10 1E-9 1E-8 1E-7 1E-6 1E-5 1E-4 Dr ai n C u r r e nt (A) l og sc

ModelMG-1E,1E--FQ,1E--HS - Jarvis Equipment · Model MG-1E, 1E--FQ, 1E--HS page 2 of 16 PRODUCTS CORPORATION 33 ANDERSON ROAD, MIDDLETOWN, CONNECTICUT 06457-4926 UNITED STATES OF

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The 1E Party Planning Committee Presentsweb.mit.edu/quentin/Documents/1E/1E Party Posters.pdf · The 1E Party Planning Committee Presents... “Happy birthday, Jesus. Sorry your party’s

The 1E Party Planning Committee Presentsweb.mit.edu/quentin/Documents/1E/1E Party Posters.pdf · The 1E Party Planning Committee Presents... “Happy birthday, Jesus. Sorry your party’s

GOALI/Collaborative Research: Fabrication of Ultra-light ...ligroup/documents/research3.pdf · 1E-16 1E-15 1E-14 1E-13 1E-12 1E-11 1E-10 1E-09 1E-08 1E-07 1E-06 1E-05 1E-04-0.5 0

GOALI/Collaborative Research: Fabrication of Ultra-light ...ligroup/documents/research3.pdf · 1E-16 1E-15 1E-14 1E-13 1E-12 1E-11 1E-10 1E-09 1E-08 1E-07 1E-06 1E-05 1E-04-0.5 0

Nucleosynthesis in Classical Novae & X-Ray Bursts Jordi ... · 1E+0 1E+1 1E+2 1E+3 1E+4 14 N/ 15 N 1E+0 1E+1 1E+2 1E+3 1E+4 12C/13C Mainstream ~93% A+B grains 4-5% Nova grains (graphite)

Nucleosynthesis in Classical Novae & X-Ray Bursts Jordi ... · 1E+0 1E+1 1E+2 1E+3 1E+4 14 N/ 15 N 1E+0 1E+1 1E+2 1E+3 1E+4 12C/13C Mainstream ~93% A+B grains 4-5% Nova grains (graphite)

1E Learning

1E Learning

Chapter 12 Managing Team Performance. 12- 2 Management 1e 12- 2 Management 1e 12- 2 Management 1e - 2 Management 1e Learning Objectives Describe why.

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Mobile Testing, That's Just a Smaller Screen, Right? Stephen Janaway

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1e) Perspectives

1e) Perspectives

Analysis of Dielectrophoretic Force by Using COMSOL · Result –Positive DEP • Equilb h h l dlibrium height: Particle radius N 1.47e-19 N 2.87e-9 1e-19 1e-20 1e-10 1e-11 1e-21

Analysis of Dielectrophoretic Force by Using COMSOL · Result –Positive DEP • Equilb h h l dlibrium height: Particle radius N 1.47e-19 N 2.87e-9 1e-19 1e-20 1e-10 1e-11 1e-21

An Overview of the Jupiter Icy Moons Orbiter (JIMO)€¦ · Jupiter and Earth 1E+0 0.1 1 10 100 1000 1E-1 1E-2 1E-3 1E-4 1E-5 1E-6 1E-7 1E-8 N U M B E R O F P A R T I C L E S (n o

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