We create Asset Business Plans tailored to each Client by reviewing:
Occupiers - Assessment of the lease, covenant, intentions and financial position.
Voids - Analysis of the market.
Refurbishment - Required specification to re-let.
We then conduct due dilligence; researching data such as footfall and take up (of say, office space in London's West End), after which, we engage the tenants personally at their premises.
HRA will then coordinate with external parties; overseeing Letting Agents and Building Surveyors (keeping costs & timescales in check) whilst liaising with Solicitors to progress deals to completion.
Services Include:
Asset Management: Managing the day-to-day lease events and relationships, whilst developing and executing strategies for each asset, identifying and delivering value-enhancing initiatives.
Lease Management: Resolving disputes professionaly and amicably. This approach minimises costs, voids and improves rental income over the long term by actively managing relationships and lease events whilst working closely with letting agents to understand the market.
Property Consultancy: Implement long term leasing strategies, carrying out rent reviews, lease renewals, regears and appointing and overseeing 3rd party external advisors as required whilst advising on additional channels such as sustainability, business rates, fibre connectivity for example.
Tenant Liaison: Building strong relationships to enhance occupancy rates. Maintain connections with occupiers and local stakeholders to uncover opportunities and mitigate risks.
Market Advice: Data-driven insights for smarter decisions. Using a variety of software, including Dun and Bradstreet, Argus, CoStar and MyTraffic to measure quantitative footfall metrics.
Nationwide Network: Extensive connections with property professionals nationally including Architects, General Contractors, Rating Surveyors, Management & Letting Agents, Bailiff/Empty Property & Recovery Agents, Planning Consultants, Valuers, Project Managers, Fit Out & Building Surveyors.
Additionally for our Our Clients;
Assist in the preparation of Asset and Fund Strategies and Board Reports
Input into the acquisition and sale process by analysing new investment opportunities.
Contribute to the delivery of the client's/company’s strategic plan.
Work closely with Managing Agents and Finance teams to ensure effective rent collection and service charge management.
Providing a view on service charge budgets, ESG compliance and health and safety matters.
Progress refurbishments, energy efficiency and capital expenditure projects.
Services
Our Services Q & A
What exactly is Commercial Property Asset Management?
It is simply keeping properties let on the best terms possible at all times. The better the lease terms, the location and the quality of the tenant, the higher the capital value.
So what are the best terms?
Well, if you imagine a triangle with rent in one corner, the term (i.e. length of a lease) in the other and incentive (such as a period of 'rent free') in the other, the aim is to negotiate the best deal striking a balance between all 3. There are many lease terms which also affect value such as repairing obligations or the flexibility of clauses such as assigning or subletting, but the above are the most significant.
Whilst a property manager, letting agent or a building surveyor is known to many, where does the Asset Manager fit in?
There are Surveyors called 'Lease Advisory' in Corporate property organisations who do a similar job. For example where a lease expiry is impending they will typically be instructed to negotiate a new lease. However, they are often involved upon a dispute between the landlord and tenant, usually concerning a new level of rent, at a rent review or lease expiry. The Asset Manager however maintains relationships with the Landlord and Tenant throughout the tenancy. Asset Managers are often the first to be alerted to a tenant's financial difficulty or if they wish to extend the lease and/or are seeking more space for example.
In the meantime, we review the lease events regularly highlighting lease expires and/or break dates, working in tandem with property managers, agents and building surveyors to improve the building fabric as well as valuers and solicitors to ensure we are proactively uncovering every opportunity in real time.
Does Asset Management cover all sectors and Investors?
Yes. Asset Management has a double-barreled goal: to increase both rents & capital value, whilst mitigating risks such as a void or an ailing tenant. All sectors have the same fundamentals, but as per below, we cover all UK markets and locations nationwide.
How is this progresssed in practice?
At High Raise we conduct rigorous research using both macro and micro analytical tools. This research includes analysis of prevailing market trends, the local/national property market whilst reviewing corporate accounts and/or anything that would help achieve the client's goals of income and asset appreciation. Below, we have highlighted the markets in which we operate and the current pricing for reference.
What we (actually) do.
Office
We offer advice as to how to renovate and under what category, whether CAT A, B vs fully fitted, 'plug and play' fit out. We can carry out the tender process on your behalf.
Prime office rents in London's West End can reach up to £200 per square foot, while prime City of London rents can hit £100psf reflecting the high demand and limited supply of top-tier, ESG-compliant space. By way of comparison, in Manchester, prime rents reached a new high of £45.50 psf in 2025. Provincial towns annual rents psf can oscilate between £10 and £25.
Retail
With an ever-changing retail landscape, partly due to the rise of digital shopping, its paramount to understand market trends and to maintain relationships with key occupiers providing whiteboxed, ready-for-use retail units.
Across the UK, the rental range for commercial retail shops is wide, varying from under £15 per square foot (psf) in more affordable towns to London's West End reaching up to £2,500 psf (Zone A) for prime high street shops.
Industrial
Industrial property has become more sought after in recent years due to the advent of online distribution and last mile delivery.
In the third quarter of 2025, prime industrial rents in the UK ranged from £7.75 per sq ft in the North East to £35.00 per sq ft in London.
Mixed-Use Development
Combining living and retail for community and convenience.
A more complex asset class given the combination of residential and commercial property with differing regulations operating on distinct, separate markets with different pricing factors however High Raise are well positioned to assist having experience in both sectors.
Leisure
We provide advice on hotels and restaurants which is a more nuanced market with additional capital expenditure for elements such as kitchens and equipment.
As of early 2025, commercial leisure property rents in the UK can range from under £20 per square foot in less sought after locations to well over £100 per square foot in prime London locations. In this sector, prices vary dramatically based on the property's location, size and quality.
Investment Properties
Strategic purchases or sale for portfolio growth.
Given our position in the market, we are notified as to properties coming to the market and can assist in the purchase and sale process.
Our Markets
