RESTRUCTURING SERVICES

TRANSITION PLAN

When a property suffers from decling revenues or chronic inoccupancy, or simply when the context allows it, then a deep reconfiguration is prescribed. We intervene to ensure that the physical integrity and the financial performance are improved with :

• Temporary rental revenue

• Rationalize expenditure and contract

• Outsource non-productive functions and make adjustments to processes

• Review and adjust payroll

• Evaluate densification potential of excess land or ancillary asset

REDEVELOPMENT

Following a scenario analysis and discussions with the owners, Fedora determines the best path to enhance the site. 

A review of all opportunities and risks that affect the different scenarios includes : 

• Termination, co-tenancy and no-build

• Political and zoning

• Market rates, supply, demand

• Technical feasibility 

• Costing, budgeting, schedule

• Profitability 

Fedora will conduct all pre-development activities, recommend professionals, contractor and project managers and coordinate the team during the execution phase.

INTERIM ON-SITE TEAM

To mitigate the impacts of unexpected events, such as the loss of key employees, transfer and integration of new assets under management or a property type unknown which is new to the existing team, Fedora works with the owners and deploys a team specialized in :

• Asset management, including supervision of existing teams, coordination with suppliers and contractors

• Financial management, including accounts payable and receivable cycles, cash

• Projects : repairs and replacements

• Leasing : rental strategy, renewals, documentation