Governance Review
By PNG Property Advisory
​ | What We Offer
The primary goal for a real estate portfolio governance review is to ensure that the real estate portfolio is effectively managed, optimized, and aligned with the overall strategic objectives of the organization or owner. This involves evaluating the performance of the real estate assets, identifying potential risks and opportunities, and implementing appropriate governance and management
practices to maximize the portfolio’s value, mitigate risks, and support the organization’s long-term goals and objectives.
Scope of Services
Portfolio Assessment
Evaluate the existing real estate assets to understand their performance, alignment with organizational objectives, and potential for value enhancement.
Compliance and Legal Review
Ensure that the real estate assets comply with relevant laws, regulations, and industry standards, and review lease agreements, property titles and other legal documents.
Reporting and Communication
Develop a reporting framework to communicate the findings of the governance review to relevant stakeholders and facilitate decision-making.
Risk Analysis
Identify and assess risks associated with the real estate portfolio, including market risk, operational risk and compliance risk.
Strategic Alignment
Assess how the real estate portfolio aligns with the organisation longterm strategic objectives, and make recommendations for optimising the portfolio to support these objectives.
Implementation Support
Offer support in implementing the recommendations, monitoring progress and adjusting strategies as needed.
Governance Framework
Review the existing governance structure and practices related ti real estate management, and make recommendations for improvement.
Financial Analysis
Review the financial performance of the real estate assets, including rental income, expenses, capital expenditures and potential for value appreciation.
Performance Metrics
Develop and implement key performance indicators (KPIs) to measure effectiveness of the real estate portfolio and its contribution to the organisation's overall performance.
Best Practices and Implementation
Provide recommendations for implementing best practices in real estate portfolio management, including property maintenance, tenant relations and lease management.
Benefits
Comprehensive Evaluation
By defining specific services like portfolio assessment, risk analysis, and governance framework, a scope of services ensures a thorough evaluation of real estate assets from various perspectives.
Legal Compliance Assurance
Ensuring compliance with laws and regulations minimizes legal risks and protects the organization from potential disputes or penalties.
Effective communication
Developing a reporting framework enhances communication with stakeholders, facilitating transparency and informed decision- making.
Risk Identification and Mitigation
Identifying risks associated with the real estate portfolio allows for proactive measures to mitigate these risks, thereby improving the overall risk management strategy.
Strategic Optimization
Assessing strategic alignment and making recommendations for optimization helps in aligning the real estate portfolio with the organization’s long-term goals.
Supportive Implementation
Offering support in implementing recommendations and providing ongoing assistance ensures that strategies are effectively executed and adjusted as needed for continuous improvement.
Improved Governance
By reviewing and recommending improvements to the governance structure, the organization can enhance decision-making processes related to real estate management.
Financial Insights
Through financial analysis, organizations can gain valuable insights into the financial performance of real estate assets, aiding in better financial planning and decision-making.
Performance Measurement
Developing KPIs enables the organization to monitor and measure the effectiveness of the real estate portfolio, helping in making data- driven decisions.
Best Practices Implementation
Recommendations for implementing best practices ensure efficient real estate portfolio management, leading to improved operational effectiveness.
Contact
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