“The detailed information provided on the operational functions and day to day management of the business cannot be faulted." Graeme MacLaren
Northern Road provides a fully integrated investment management solution.
Through the establishment and ongoing operational management of the investment, including the management of property managers, development and execution of the investment strategy as well as the identification of value add strategies to maximise the returns to its clients and the performance of its funds.
The solutions provided by Northern Road include:
Managing external property and building managers
Implementing asset strategies, including Leasing plans, refurbishments and development opportunities
Monthly asset management and project control group (PCG) meetings to review the asset and development performance to budgets, targets and delivery to the agreed timetables and modelling assumptions.
Reviewing and advising on acquisition and disposal opportunities to maximise investor returns.
Engaging leasing ans sales professionals to ensure the Investment strategy is delivered.
Provide advisory services to offer advice or an integrated service to help drive the performance and value of the property portfolio, with a wealth of experience in the public and private sectors
Northern Road integrates its business disciplines around risk, cost management, contract management, scheduling, planning and project management to deliver a comprehensive and consolidated service to clients
Delivery modelling, aligned to business objectives, operational planning and procurement management
Northern Road can assist with the ‘big-picture’ approach to facilitating a Fund’s 3, 5 and 10-year business objectives. Including property management (i.e. acquisition, development, transactional management and disposal), project management (i.e. capital investment plans, life-cycle analysis and modelling, fit-outs), risk management, value management, FM (i.e. strategic modelling and advice, procurement, mobilisation, performance management and operations management)
Provide the Fund and Property accounting, these services include:
Monthly, management and financial
Investment property reconciliation
Monthly, YTD and Forecast reporting to budget with variance commentary
Quarterly, performance reporting, banking compliance covenants, BAS
Annual statutory reporting, and development of the Annual Report.
External audit management
Overseeing property valuation process and engagement
Monthly property management meetings with the outsourced property managers to manage variance reporting and forecasts
Annual Budget preparation working with outsourced service providers
Unit registry management, distribution calculations, year end Tax statements
Manage the compliance plan reporting for the Fund
Risk register, risk matrix for the Fund
Customer complaints, conflicts of interest and breach register
Related party reporting
Unit pricing policy
AML/CTF reporting, including AUSTRAC reporting and registration
Manage outsourced service provider relationships and performance and risk reporting
External annual compliance audits and statutory reporting
Custodian - proper instructions and review of Custodian AFSL requirements