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News

28 Jun
ACORPP Market Voice - When rents are under pressure, check the fine print in your lease

Office vacancy rates in Perth continue to edge upwards, but any signs of stabilisation may take a hit when Woodside’s new headquarters is completed, and that’s projected to be by the end of this year.

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27 Jun
ACORPP Construction Voice - Snapshot reveals blurry picture

A snapshot of the national construction sector tells us one thing: the only certainty is the uncertainty.

> Read More
26 Jun
World body (RICS) puts double dipping on the agenda

The world’s foremost global real estate accreditation body that certifies property and construction professionals has banned the practice of dual agency representation in the UK.

> Read More
24 Jun
Empowering our connections

ACORPP Brisbane has embarked on a social networking calendar in 2017, hosting monthly networking lunches in the Landmark Wine room at the Tattersalls Club in Brisbane.

> Read More
31 Mar
ACORPP Market Voice - Brisbane Commercial - Where are we?

2016 saw the addition of more office space to the Brisbane CBD than has been completed in recent memory.

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30 Mar
New newsroom makes news

ACORPP were appointed by Network Ten to provide property strategy, relocation site selection, lease negotiation and project management when TEN Perth were ready to move from their 28 year old studio in Dianella to their new cutting edge premises in Perth’s fringe location in Subiaco.

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29 Mar
Expanding Projects team

We have some particularly impressive professionals here at ACORPP and our latest recruits are no exception.

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28 Mar
Recognition awarded for outstanding achievement

ACORPP Projects team shines on, recognition awarded for outstanding achievement.

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27 Mar
Vaulting into the summer of youth

We are all about healthy minds and healthy bodies at ACORPP, so our office took part in a 6-week corporate challenge with the VAULT fitness centre.

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26 Mar
Merry mahem and festive fun

ACORPP staff Christmas functions were a resounding success with everyone engaging in activities ranging from delicious food festivities through to testing their skills on the archery range.

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25 Mar
Keep it up!

When it comes to sustainability, sometimes we forget that it’s the little things that add up to big things.

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07 Oct
ACORPP Market Voice - The Ultimate Cost of Free Services

In this edition of our Market Voice, we will explore the inherent conflict between landlords and tenants.

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06 Oct
ACORPP Construction Voice - A Slow Moving WA Market

The WA construction market continues to be slow-moving, with Perth yet to experience the full brunt of the effect of the mining industry tapering off.

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05 Oct
Finding your feet for retail success

ACORPP is pleased to have been part of the new wave of suburban retail hubs opening up across Australia.

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04 Oct
When should you review your accommodation requirements?

Are you looking to renew your lease or simply wanting to review your accommodation requirements? There are a number of things you should keep in mind when doing so.

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03 Oct
The Social Slice

Despite the madness and mayhem leading up to it, everybody loves to celebrate the EOFY and ACORPP is no exception.

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02 Oct
Award Winning Project Manager Team Member of the Year

We are incredibly pleased to congratulate Neha Dodia as the much deserved winner of the Western Australian Chapter.

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18 May
ACORPP Market Voice - Brisbane Market Struggles to Find the Positives

In this Market Voice, we switch our focus east and see how the commercial property is faring in Brisbane. Local ACORPP director Matt Buckley analyses the statistics that show sector doldrums are not confined to just Perth.

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17 May
ACORPP Construction Voice - Residential Cranes Fill Brisbane Skyline But Commercial Clouds Over

Brisbane’s city skyline is peppered with cranes giving rise to a perception of a booming construction market. And it’s true – but it’s emphatically weighted in favour of the residential sector with big unit complexes going up in the CBD and inner city locations.

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16 May
Money Talks – But you need to know the language

Money talks, but sometimes it talks in its own language and you need to be an accountant to understand what’s actually being asked for when it’s time to fund a new lease.

 

Personal guarantees are often easier for start-up / smaller businesses where capital is required for operational growth and having cash set aside is a hardship.  Always try and limit this to a set amount to minimise the overall exposure – particularly if a business has multiple sites. Where possible however, it is far safer to not provide personal / director guarantees.

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15 May
Top Gear Day for Brisbane Team

ACORPP clients and friends proved ex-Top Gear trio, Jeremy Clarkson, Richard Hammond and James May, don’t have an exclusive lease when it comes to motoring fun.

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13 May
Team Grows to Meet Tenant Demand

Pressure on Brisbane rents and office construction has created a strong demand for independent property advice. ACORPP in Brisbane has now boosted its team with the recent appointment of Liam Scanlan as an assistant property consultant.

 

 

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12 May
News in brief from Perth

Last month, ACORPP Director Justin Boelen spent five days in the saddle to complete the annual Hawaiian Ride for Youth fundraising event.  Around 150 riders pedal powered their way from Albany to Perth, covering 700kms over five days to raise over $2.3 million...

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26 Feb
ACORPP Market Voice - Three Things Tenants Can Do Now to Make Savings

Last November, Perth commercial office market was described as experiencing “the perfect storm” of falling demand with new supply creating high vacancy rates.

 

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25 Feb
ACORPP Construction Market Voice - Industry will have to “tier down” to survive

There is plenty of crystal ball-gazing going on in WA right now as businesses in the construction industry try to figure out how the year is going to pan out. Depending on who you talk to or read, the messages are mixed.

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25 Feb
“Independence” a vexed question when tenant reps share office with landlord reps

Prospective and existing tenants are at the mercy of a curious set of industry dynamics where the typical multinational real estate agencies organising their lease can often also be representing their landlord.

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23 Feb
Brisbane office gets top draft pick with ex-Lions ruckman

ACORPP’s Brisbane office is fielding a high impact addition to its team with the recruitment of former Brisbane Lions player, Jamie Charman.

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23 Feb
Former Greek Swimming Star Joins ACORPP Perth Office

Another sports star has joined ACORPP following the recruitment of former Brisbane Lions player Jamie Charman. Former Greek swimming star Danai Sianou has joined the Perth office as a Project Manager.

 

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22 Feb
Out of the Vault and into a snappy Christmas

ACORPP celebrate staff Christmas party after impressive end to the 6 week corporate fitness challenge.

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26 Nov
ACORPP Market Voice - Timely landlord focus on building, amenity upgrades

The gradual softening of face rents in the Perth CBD toward the end of this year has been well-documented.

Landlords have mounted a rearguard action for several months, offering increasing levels of incentives to ward off what they feared most.

In the end, as always, the market dictated that face rents would have to fall.

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25 Nov
ACORPP Market Voice Construction - The Construction Market

An online Fairfax Media article recently asserted that there would be enough vacant office space in the Perth CBD to seat the entire population of the southern suburb of Canning Vale (approximately 30,000 people), once current office construction projects were completed.

In light of that daunting statistic, it would seem counter-intuitive that further construction could be a way forward in the current malaise that has depressed the WA economy.

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24 Nov
Cheap Space - The money pit behind bonus CBD office space at cheap rates

It's a real temptation in the commercial tenant market that exists right now to grab more space than you need, just because it's cheap.

You know how it goes...the landlord is offering all kinds of inducements: rent-free period, fit out contribution, lower face rent. He might even throw in a few slabs for the office Christmas party.

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23 Nov
Space Utilisation and Productivity - How “Googlisation” of the workplace is increasing returns on space

Rent and wages are business's two biggest costs.

I'll leave the employee cost assessment to other professionals, but on the property front, it's a reasonable questions to ask: just how productive is your office space? What ROI does it deliver?

Even casual monitoring of part of that costly space - like ubiquitous meeting room - can be instructive.

> Read More
22 Nov
Lease Monitoring Services - Audit detects overpaid rent of nearly $50,000

A Perth commercial tenant was overcharged nearly $50,000 over two years, an error that was only detected during a lease renewal.

ACORPP Director Lisa Seun said the mistake had been made by a property manager who had charged rent for the outdoor area of a 200 square metre tenancy at the same rate as the indoor area.

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21 Nov
Wellness - A leaner, fitter team heading our way

Perth ACORPP team members are enduring six weeks of potentially life-changing challenges in a bid to reach new levels of fitness.

They’ve signed up to a wellness program at “The Vault”, a CBD gym only available to corporate tenants.

Director Gordon Bateup said the ACORPP group had been inspired to join the program both to achieve personal goals and to help foster team spirit.

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20 Nov
Get on your bike for an ACORPP cycling top

The winner of our last 2XU fitness giveaway was Steve Long of JMG.

The ACORPP-branded sports gear has proved popular with our readers and so we are offering another cycling top!

> Read More
19 Nov
How population of a suburb fits into the empty office space in Perth CBD

Tenant leasing specialist says it would take nearly that many people to fill the empty office space in the Perth CBD, following the completion of commercial construction projects in 2015.

A weakening job market, the mining sector downturn and slower migration means there will be enough empty office desks in the Perth CBD to seat almost every resident from Canning Vale by the end of the year.

Canning Value is the most populous suburb in Perth with 30,665 residents, according to the 2011 Census.

 

>View Full Article

 

 

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28 Aug
Murdoch - Flexible Design Learning

ACORPP has traditionally dealt in the physical space of the workplace, but there is an increasing demand for the integration of the digital space into the upfront strategic planning of leases and fitouts.

Nowhere is that approach needed more critically than in a learning environment.

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28 Aug
ACORPP help Legal Aid WA in the delivery of new workplace practices

It sounds like the beginning of an old joke: how do you get 265 lawyers and staff from six floors in one part of St George’s Terrace to another?

 

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27 Aug
Ride to Conquer Cancer

Triumphant in the face of adversity! Danni recently completed a 2 day 200 kilometer ride and raised almost $3,000 for cancer research

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26 Aug
MARKET VOICE – Sub-leasing is the new black

Sub-leasing in the Perth CBD has emerged as one of the biggest threats to face rents in the ever-tightening commercial lease market.

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27 May
ACORPP MARKET VOICE - Face rent under continued pressure as Perth CBD office vacancies soar

The Perth office market continues to soften, resulting in face rents starting to succumb to incentives of around 35% and in some cases up to 50%. The concept of maintaining artificially high face rents to preserve market values for ‘book values’ is unrealistic and only requires an increase in interest rates and/or a default in cash flow for the ‘commercial property deck of cards’ to come tumbling down.

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27 May
ACORPP MARKET VOICE - Brisbane grapples with office market strain

The vacancy rate in the Brisbane CBD is at an all-time high of 15.6% with the greatest concern around B grade buildings which now have a vacancy of 23%. 

Total vacancy is 343,313sqm with 48,353sqm of that being sublease space.  Expectations are that the double digit vacancy will be with us for a decade with new supply to add pressure to the market. 

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27 May
Danni's squeals on wheels for a good cause

I did my very first group ride recently with a "bunch" (also known as a “peloton”) as part of my training for “The Brisbane Ride to Conquer Cancer” in August.  Before the group ride I had only cycled by myself or with one other rider.  10 minutes into the ride and we arrived at a red traffic light, worried about riders all around me, I was too slow to unclip my shoes and hit the deck in front of 12 other riders I had just met. Yay, me! 

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26 May
Endurance test is no obstacle to charity runner

Colleague Frank Bowyer and team mates pounded WA bush trails over a gruelling 22km earlier this month to help raise funds to combat Multiple Sclerosis.

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22 May
Workplace design principles in the classroom!

Workplace design principles could soon be finding their way into the classroom, according to ACORPP director, Gordon Bateup.

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21 May
Switch onto energy savings

Our Perth office has a 4.5 Star NABERS Energy Tenancy Rating and is currently targeting a 5 Star - as part of that process ACORPP signed up with CitySwitch.  CitySwitch is a high-value, free service that supports commercial office tenants in achieving a four star or higher NABERS energy rating. It is easier to obtain than it sounds. Find out how we did it here.

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04 May
Win an ACORPP cycling kit

Winning is easy all you need to do is go to our ACORPP Linked-In site and follow us, so click here. New followers up to the 10th June 2015 will go into a draw to win a cycling kit, this includes jersey and knicks.

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31 Mar
Interacting in the flexible, organic workplace

Imagine a workplace that could readily adapt to your needs without a team of builders and electricians invading your space, causing disruptions to your business and cash flow.

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11 Mar
Big advantages for Tenants in Perth lease market

A huge over-supply of commercial space in the Perth market has given existing and intending tenants a significant negotiating advantage, according to ACORPP director, Mario Macri.

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10 Mar
We’re linked to the world of tenants

In the last newsletter we announced our membership of global tenant representation organisation, ITRA Global.

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10 Mar
Our 'amazing' Christmas

Okay, Christmas was a while back, but it’s still closer than the next one!

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10 Mar
HAPPY BIRTHDAY TO US!!

The year 1995 saw some amazing beginnings. eBay was launched, the first installment of Toy Story premiered, and the company that became your ACORPP was established.

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06 Mar
Hidden savings all in the upfront detail

Every project that ACORPP takes on has hidden client value and savings, according to director, Gordon Bateup.

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21 Nov
New lease on corporate life begins with the right team

In our last newsletter, we touched on the role of the company director in commercial leasing.  Property and office accommodation costs are typically the second biggest company expense after payroll. We suggested that directors engage professional consultants to secure the best leasing deal and to advise how to best minimise relocation costs.

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19 Nov
Moments like this make the job worthwhile

We recently received this great note from Nigel Ellett the Commercial Operations Manager from West Coast Energy:

“ When we started the journey of finding new premises, we began the process - as most companies do -thinking we could do it ourselves. It soon became apparent that moving premises was a minefield and we needed professional assistance

> Read More
19 Nov
The only constant is change

Dealing with change and forecasting future sector impacts are key challenges facing businesses like ACORPP, says director Gordon Bateup.

"The foremost cahllenges have always been there; sustainability remains a pressing concern, and businesses must constantly change in order to grow." he said. 

And direction is everything.

> Read More
19 Nov
Improve bottom line by working smarter with your space

Workplaces can positively impact their bottom line if they work smarter and creatively with the spaces they occupy. “Activity Based Working” is a methodology that introduces flexibility into a workplace setting.

ACORPP Project manager and ABW expert, Gordon Bateup, said that ABW reimagined-workspaces reflected the different type of work that an employee might engage in on any particular day.

> Read More
19 Nov
Eight common lease traps for corporate tenants

Over the years, we’ve heard many horror stories from tenants who have locked themselves into long leases that unreasonably favour the commercial landlord. It can be next to impossible to extract yourself from a legally binding agreement.

The lesson is to work with a professional consultancy like ACORPP before negotiation and always have your legal representative review the lease document before sign-off.  Here are our top eight tips (or traps for the unwary):

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19 Nov
Matrics Reloaded

Congratulations to ACORPP project manager, Joe Copland, who was recently appointed as the chairperson to a committee within the Royal Institute of Chartered Surveyors (RICS).

ACORPP has been a member company for the past two years.

RICS globally promotes and enforces the highest professional qualifications and standards in the development and management of land, real estate, construction and infrastructure.

> Read More
07 Sep
A more secure future through sustainability consulting

According to the Global Real Estate Sustainability Benchmark (GRESB), Australia and New Zealand lead the way in the global real estate market in terms of sustainability. 

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07 Aug
ACORPP Making news in the West Australian
CBD Office Vacancies Soar - The West Australian

au.news.yahoo.com/thewest/business/wa/a/24642170/cbd-office-vacancies-soar

> Read More
27 Jun
The rise of commercial property incentives

After a number of years of boom, when commercial tenants were often hamstrung by costly commercial leases and conditions, the pendulum has finally begun to swing in the other direction.

Vacancy rates in Perth are nudging past the 10% mark and are expected to rise to around 14% by 2016. Vacancy rates in Brisbane are currently sitting at 14.2%, which is the highest on record. With more office space currently under construction, further increases are likely. The Sydney market is sitting at 9% having remained relatively stable over the past six months and Melbourne is sitting at 9.6%, which has contracted slightly over the past year. 

> Read More
28 Jan
A Holiday with a difference!

One of our staff members at the Brisbane office, Matt Buckley was given the opportunity over the summer to experience the life of an AFL player, and attend a once in a lifetime trip with the Brisbane Lions, to their high altitude training camp in Arizona 

Asked what his purpose for attending the camp was, Matt explained it was more than just an attempt to become a mature age recruit!

> Read More
27 Jan
ACORPP in the community

The Ride to Cure Diabetes is an incredible event where people from all over Australia meet for the weekend or just the day, to commemorate their fundraising and cycling achievements.

Matt Buckley from our Brisbane office and Justin Boelen from our Perth office decided to take on the challenge, training vigorously in the lead up to event where they were to tackle the 160km ride through the Barossa Valley!

> Read More
23 Jan
For switched on organisations

At ACORPP we are committed to sustainability and have this approach on an ongoing basis as part of our culture, which is why we signed up to CitySwitch, beiong the first non CBD office in WA to do so.

More and more SME’s (Small to Medium Enterprises) are making this commitment to reduce their energy costs and in helping in the education of SME’s and energy savings, ACORPP was selected to be a case study for our endeavours.

> Read More
21 Jan
University of Western Australia. QEII Medical Centre M-Block Refurbishment Project - Perth, WA

ACORPP recently project managed the refurbishment of M-Block at Perth’s QEII Medical Centre, to create a technology-rich wet lab and three interconnected e-learning suites for two schools within the UWA Facility of Medicine, Dentistry and Health Sciences.

The project started with a clear brief, to implement new e-learning “dry” practical sessions within a series of e-learning suites, which would feature in a state-of-the-art world class teaching program and accommodate ever-increasing class sizes, together with the adjacent practical wet laboratory. The Client required the facility to be used by a variety of students within the Faculty of Medicine, Dentistry and Health Sciences. The refurbishment was designed to address the change in student profile, provide greater flexibility in the utilisation of the building and to upgrade out-of-date facilities and bring them into the 21st Century.

> Read More
20 Jan
ACORPP Brisbane office off to a roaring start

The Brisbane office launched on 1 July and what a start we have seen!

The reception from the market for our services has been fantastic and we have seen some significant wins in our short existence, starting with 6 EOI’s or renegotiations for tenants being undertaken that collectively have saved them over $2,000,000!

We also undertook property analysis and due diligence programs for prospective buyers and owners as well as negotiations for tenants who were in disputes with their landlords.  Again, we have been able to demonstrate successful outcomes and achieved great savings for our clients.

> Read More
16 Jan
It must be an ACORPP Christmas Party!

So let me set the scene…It was a warm and sunny summers day.  The team of ACORPP Perth sat comfortably in their office feverishly closing out work to be completed before Christmas…The clock struck noon. Bong! Screens went blank and lights switched off as the team stepped out to enjoy what would be the ACORPP Christmas Event.

> Read More
14 Jan
RICS Regulation

ACORPP is pleased to announce that they have become a regulated firm by the RICS (Royal Institution of Charted Surveyors). 

The RICS is the world's leading professional body for qualifications and standards in land, property and construction with members committed to the highest professional, technical and ethical standards

> Read More
13 Jan
The Ride to Cure Diabetes

What’s it about…

The Ride to Cure Diabetes is an incredible event where people from all over Australia meet for the weekend or just the day, to commemorate their fundraising and cycling achievements. You’re guaranteed to have a great time with the JDRF Team, who plan a seamless event with a seriously fun itinerary, professional bike mechanics and massages at the finish line! 

 

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06 Jan
HAPPY NEW YEAR!

Happy New Year from ACORPP!!!

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18 Dec
MERRY CHRISTMAS!

The team at ACORPP would like to wish you and your family a very Merry Christmas and a safe and Happy New Year!

 

Check out our Christmas e-card below

http://www.acorpp.com.au/xmas/

> Read More
02 Dec
ACORPP chosen for CitySwitch office sustainability case study

Here at ACORPP, we practice what we preach. That’s why we were the first company outside the CBD in Western Australia to sign up to the CitySwitch Program. CitySwitch is a service that supports commercial real estate tenants to improve their office energy efficiency, promote sustainability and achieve a four star or higher NABERS rating.

> Read More
25 Nov
Six top tips for a productive workplace

For any sized business - including small to medium sized businesses - understanding your office space is increasingly important. Over the last couple of decades, technology has revolutionized the way we work, yet many workspaces have failed to adapt to best utilise the benefits.

 

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01 Nov
Chance of meeting climate demands dwindling says UNEP report

A United Nations Environment Programme (UNEP) report has revealed that if the global business community doesn’t raise its commitment to cutting greenhouse emissions then we may not be able to limit warming to 2˚C.

 

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16 Sep
RICS Leasa App

The RICS (Royal Institution of Chartered Surveyors) will be in attendance to talk about the new RICS Leasa App at the ACORPP's open evening

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23 Aug
Who is the Superintendent?

Currently in Perth, there is a growing interest within the construction industry about the role of Superintendent. Who is the Superintendent? What is their role within a project? Why are they important?


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21 Aug
ACORPP Office Fit Out

Due to growth within the company ACORPP found it necessary to move from their existing premises. The tenant advocacy team set about finding an appropriate tenancy that would not only accommodate existing personnel but allow for future growth and expansion.

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19 Aug
Achieving Sustainable Outcomes for Small to Medium Office Space

 ACORPP are providing an open house for their new office in Perth. The fitout will show attendees pratcical examples of how small to medium sized workplaces can achieve a sustainable outcome. Karla Fox-Reynolds, and Ecologically Sustainable Design Consultant for Cundall, has provided advice to ACORPP and will be in attendance to talk about sustainability within workplace design and construction.  

 

> Read More
18 Aug
Sling Mud, Team VSA and The Mudd Rush

Five men and two women arrived bleary eyed to the State Equestrian Centre on Saturday the 17th August to take on the well known ‘Mudd Rush’.

> Read More
16 Aug
Hawaiian Ride for Youth 19th

The Hawaiian Ride for Youth is one of Australia’s premier charity events. Held annually over 5 days in March, the riders travel from Albany to Perth covering over 700kms to raise money for Youth Focus.

> Read More
09 Aug
University of Western Australia - QE11 M Block Refurbishment

ACORPP are currently Project Managing the refurbishment of the QE11 M Block Wet Laboratories and Computer Areas, to meet with new E Learning teaching formats, to achieve maximum flexibility and to implement successful IT and AV solutions.

> Read More
06 Aug
UWA's new eLearning Facility Official Opening

The University of Western Australia’s Faculty of Medicine, Dentistry and Health Sciences formal opening of the M Block eLearning Suites and Wet Laboratory occurred on 4th June, this official ceremony was by Vice Chancellor Paul Johnson.

> Read More
06 Aug
RICS WA Commitee

The RICS (Royal Institution of Chartered Surveyors) Western Australia committee has now been selected and ACORPP's Gordon Bateup and Frank Bowyer will sit as part of this committee.

> Read More

 

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