Live Chat

Asset Management

Strategic expertise and operational resources to remediate and optimise the value of assets nationwide.

Trusted to Deliver Growth

Our multi-disciplinary Asset Management Team employs a comprehensive, centrally controlled approach to managing distressed assets, assessing risks and opportunities, and developing and implementing strategies to protect or remediate and enhance value whilst repositioning assets for growth.

We operate nationally and our specialist expertise includes:

  • Property Surveys (MI, ERV & ESV risks, tenancies, planning, legal, OMC audits)
  • Valuations & Rent Reviews
  • Due Diligence, Strategic Analysis & Advice
  • Revenue and Outgoings – day to day management
  • Resolution of Complex Legal/Structural/H&S Issues
  • Development Completion, Compliance & Certification
  • Disposal Strategies
  • Compliance, Tax & Financial Reporting

Our Assest Management team work closely with Ireland’s National Asset Management Agency (NAMA), as well as with Banks, Insolvency Practitioners, State Bodies, Private and Corporate investors and Loan Service Providers.

Asset Management

Case Study

Client – Irish Pillar Bank
Our role – Fixed Charge Receiver and Property Management

Description – Mixed Portfolio of Commercial and Residential Assets throughout Ireland

  • End to End Asset Remediation, Sales Strategy and/or Hold Management
  • Inspection survey/market assessment and RFP Sales Agent Report
  • Capex program
  • Receiver Strategy Reports
  • Occupational Verification, Periodic Inspection, Vacation and Preparation for Sale
  • Sales offer, letter of recommendation, Proof of Funds, and Best Price Declaration
  • Tax Status and Compliance reporting
  • Sales/instructions to Legals, Closing Statement & Transfer of Funds
  • Sales Disposal Value to date c€8m

Date of engagement November 2013 – ongoing

Case Study

Client – US Private Equity Firm
Our role – Real Estate Partner, Property Managment & Lettings

Description – 3500 + BTL Residential Assets – located Nationwide

  • 3 to 5 year Investment Strategy, enhance Value & Yield
  • Data collation – 450K collection Points – MI Reporting
  • Capex / Fit out / Compliance works – CBA Analysis
  • Lease reviews, Tenancy Remediation & Lease Formalisation
  • Letting of vacant units – Nationwide program
  • Tenant CRM,  Reactive Maintenance & 24/7 Contact Centre
  • H & S Compliance Inspections
  • Case management, MI, Income & Expenditure Analysis & Reporting
  • B1 Operational & Financial Reporting
  • Current Annualised Rent €24m

Date of engagement December 2017 – ongoing

Case Study

Client – Receiver (Big 4 Insolvency Firm)
Our role – Asset Management

Description – Multiple Single Family Assets Nationwide

  • Property Support Services & Property Management
  • Blue Book Valuations – ERV & ESV
  • Lease Formalisation and Rent redirection
  • Tenancy Management, Inspections, Landlord & Tenant issue resolution
  • Property Assessment Report & Strategy Recommendations
  • Capex & CBA Analysis
  • Vacate, preparation for Market & Sales Process Management
  • Taxes, Compliance Documentation & Conveyancing
  • Closing statements & Transfer of Funds
  • Annulised Rent c€15m – Sales proceeds €200m

Date of engagement January 2014 – ongoing

Silverstone House
Ballymoss Road
Sandyford
Dublin 18
D18 A7K7
Ireland

Tel +353 1 660 3822
Fax +353 1 660 7863
Email enquiries@odrem.ie

PSRA 001885