leasing
1 month of rent per deal- Marketing and viewings
- Negotiation and heads of terms
- Lease signed
You run the space after the tenant moves in.
offices, ground floors, retail: let and run properly.
We find tenants and paper the deals, collect rent and chase arrears, run the building and bring its costs down. Or we take the whole space on a master lease and pay you a fixed rent.
by proposalleasing fee, % of rent collected or a master lease
what you get
what we take off your hands.
- LeasingMarketing the space, working with agencies, viewings, negotiation, heads of terms and the lease itself.
- Rent collection and arrearsInvoicing, indexation, service charges, follow-up from the first day late.
- Facility managementCleaning, security, utilities, repairs and contractors under one budget.
- Cost reviewLine-by-line review of running costs: energy, staffing, outsourcing. Savings priced before anything changes.
- Legal and accounting supportContracts, compliance, reporting and tax figures.
- Owner reportingMonthly: rent roll, tenancy schedule, arrears, key dates such as indexation and lease ends, budget against actual.
not included
- Capital works: scoped, tendered and supervised for a separate fee
- Your property and income taxes
Tenant placement typically one month’s rent.
how it runs
from first message to first payout.
- tell us about the spaceType, area, address and what is wrong today. We reply within two working days.
- site visit and numbersMarket rent, the likely tenant profile and what the building costs to run.
- proposalOne of three models below, with fees and expected income in writing.
- monthly reportRent roll, arrears and key dates by the 5th, in your owner portal.
- statement
- by the 5th of every month
- payout
- by the 10th of every month
- exit
- 30 days’ notice, no penalty
- handover
- photo inventory on entry and exit
three models
how much of the risk you keep.
full management
% of rent collected, set per building- Leasing and renewals
- Rent, arrears, service charges
- Facility and cost management
- Monthly owner report
You keep the income and the upside. We run everything.
master lease
fixed rent paid to you every month- We lease the whole space
- Vacancy and fit-out risk on us
- We sublet to operators
As at Rustaveli 17 since 2017.
case
done on our own buildings first.
Optima, Rustaveli 17
About 697 m² in the basement of the Rustaveli National Theatre, leased from the Georgian state. We turned a dormant basement into two working restaurants, Salobie Bia and Burger House Tbilisi, who operate as our subtenants.
- Area
- ~697 m²
- Role
- master tenant since 2017
- Occupiers
- Salobie Bia · Burger House
- Lease runs to
- 31 May 2027
questions
what owners ask us.
What kind of space do you take on?
Offices, retail units, ground floors and basements for HoReCa, and whole buildings. Smaller units are fine if the rent justifies the work.
How do you charge?
Tenant placement typically costs one month’s rent. Ongoing management is a percentage of rent collected, set per building. On a master lease you receive a fixed rent and we keep the difference.
Can you take an existing tenant and lease?
Yes. We take over the lease administration, check the arrears and indexation history, and report from the first month.
Do you work outside Tbilisi?
Commercial mandates in Prague and the UK, through our team there. See advisory for investment and development work.