Deep experience in every facet of commercial, industrial, investment and retail real estate experience along with an in-depth understanding of the ports, maritime and related logistics industries is the basis to start developing meaningful strategies towards making ports’ largest asset their most strategic ones.
Approaching each challenge through a multi-disciplined prism of professional expertise ensures that solutions will not only be innovative, but will represent practical and measurable strategies that will be, above all else, market driven. Only in this fashion can you be assured that the investment in our advice will render real returns for your organisation.
Examples of some of the port related property challenges we offer clients include:
Port users, clients and ports themselves are constantly looking to exceed widely available, and readily understood, key performance indicators for their operational assets. Why then is looking to maximize your port’s property based revenues, develop more competitive advantages and enhance the overall value of your port not managed in the same meticulous fashion? Aegir will provide you with the type of comprehensive, multi-disciplined expert port property advice for you to be able to ‘sweat your real estate assets’ in the most optimal fashion.
Port Real Estate Services
The ports industry has been in a state of revolution. This will not soon change. Big ships, increasing competition between supply chains, the need for increased investment in infrastructure to process more cargo, faster from the same footprint, a heightened level of intermodal capabilities and pressures to expand is resulting in capital needs outpacing traditional sources of finance and government’s increasing inability to properly fund ports. This is forcing ports to make sure that all operating and capital assets financially perform at peak efficiency, including their largest one – property. To ensure this occurs, you need a cross section of highly specialised and proven port real estate services. At Aegir, this is what we do; all of the time.
Port property challenges have several interrelated business dynamics not readily understood, in a comprehensive manner, by either the traditional port or property expert. Most challenges require the ability to develop, manage and execute well defined and targeted disposal, acquisition and leasing campaigns for port related properties. The ‘shotgun’ approach will cost time and money and rarely produce desired results. This requires an in-depth knowledge of not only industrial, commercial, development and investment real estate, but of the business dynamics and the spectrum of a port’s revenue streams and business model.
Port Property Valuations and Appraisals
Property will increasingly play a major role in the profitability and the way ports finance their expansion and modernisation needs. Because of this, senior port management needs to have a realistic assessment of the true ‘market’ value of their port property assets. Developing corroborated base line values for their properties will significantly allow ports to better run their business, make better decisions on setting appropriate lease rates and tariffs and allow them to more effectively benchmark their financial performance.
If you need a valuation or appraisal that will be meaningful, reflecting the actual value of a property asset located within your port, hire the people who truly understand your business, from the inside out – Aegir
Strategic Port Property Asset Management
Historically, ports worldwide have been subsidized by their government shareholders for their capital needs. Today, the ability of governments to fund the modernization and expansion needs of ports is rapidly diminishing. Ports increasingly will need to be self-funding and this will require the optimal financial performance of all their assets – especially property. Additionally, with the ever-increasing complexities of managing ports and the growing competition between them and their respective supply and logistics chains, it is increasingly critical that ports need a more effective tool to manage their largest asset – property – in a more strategic and effective manner.
Our strategic port property asset management plans take into account a comprehensive assessment of the property portfolio, current and targeted markets, a port’s overall strategic plan and the short, medium and long term goals and objectives of the port, especially its capital expenditures, in a comprehensive yet concise document that is easy to understand and implement.