Private owners of a large industrial asset leased to an ASX listed company asset, sought to dispose of their asset via a competitive public marketing campaign. N.J Lane Property Advisory was engaged to project manage the disposal on their behalf.

• Prepare an invitation to marketing agents for submissions

• Review submissions and make recommendation on agent appointment

• Review agency agreement & marketing material

• Prepare Due Diligence set for the appointed agent

• Liaise with tenant and facilitate access to the premises

• Answer all buyer / agent questions during the campaign

• Prepare weekly campaign updates for the client

• Liaise between agent & client to close the final deal

• Liaise between agent and the respective legal representatives to execute contracts.

N.J Lane Property Advisory successfully managed the disposal via EOI campaign which culminated in unconditional exchanged contracts (circa $9.0m), while allowing our client to concentrate on their core business.