lower north shore rent rolls

Market Update September 2016 - demands for rent roll

It's been some time since I have updated everyone on the market. In April I discussed structuring a sale and that more and more vendors are requesting a sale of shares as a going concern or walk in walk out. The benefits for a vendor are quite compelling, most importantly not having to re-sign managing agency agreements, but with every silver lining in a rent roll sale comes a compromise. The purchasers rightly so expect complete and transparent due diligence in that company.