Advisory

QRE offers a range of landlord and tenant advisory services across all property types.

The QRE landlord and tenant advice is based on significant experience in negotiating rent reviews, lease renewals and in advising on break options.

Disputes can, and do, arise on a frequent basis. The most common area of disputes arise from rent reviews, lease renewals and lease restructuring.

The rent review process is a significant business event, which impacts directly on operational profits (for Tenants) and on property values (for Landlords). It is therefore important for all Landlords and Tenants to seek professional advice to represent them and negotiate the best possible outcome. Our dedicated team are hugely experienced in identifying those lease terms, which impact on rental value and structure our advice and negotiations around these points.

  • Rent Reviews - We represent either the landlord or tenant in rental disputes, providing expert witness written submissions (arbitration and independent experts) and/or oral evidence at an arbitration hearing
  • Lease Renewals - We represent either the landlord or tenant in lease renewal negotiations, providing expert advice on all main lease terms to align them with their business objectives
  • Lease Restructuring - We advise on restructuring leases with the aim of enhancing the value of both parties’ interests in a changing business environment, through a combination of extending leases, changing rents, negotiating rent free periods or contributions towards re-fitting.

The advisory team are also greatly experienced in Rating cased, Ground Rents and in more recent times challenging entries to the Vacant Sites Register.

 

  • Acting for Landlords and Tenants across all asset classes
  • Upward/downward Rent Review from Feb 2010
  • Arbitration and expert submissions to 3rd party
  • Expert Witness Evidence
  • Court Leases

The Advisory Team

Paul McElearney FRICS FSCSI
Director – Advisory & Valuations

Paul McElearney heads up QRE Advisory and brings to the role his extensive property experience and knowledge, having worked in the industry for over 38 years as a property professional in Ireland.

Paul held the position of Head of the Property Valuation Team in IBRC’s NAMA unit, and Property Manager in the Asset Management Team in Bank of Ireland.

For ten years, Paul successfully established himself as a specialist commercial property surveyor offering clients a personal service tailored to their needs, matching his specialist knowledge and skills with an understanding of the client’s needs.

Paul is a Fellow of the Society of Chartered Surveyors Ireland (FSCSI) and Fellow of the Royal Institution of Chartered Surveyors (FRICS). Paul also has a Diploma in Arbitration Law (UCD) and was elected as a Fellow of the Chartered Institute of Arbitrators and is a member of the Presidents Panel in the SCSI.

Paul McElearney FRICS FSCSI

Director – Advisory & Valuations

Michael O Connor
Director – Area South West

Michael is a founding director of O’Connor Murphy Real Estate and director of QRE. He has over 30 years’ experience in the property market. As a general practitioner, Michael covers all areas of commercial property market, recently specialising in investments. Michael's network of contacts is extensive, and his unrivalled success is due to his strength in nurturing and preserving relationships. Some of his clients include Alantis Capital, Oaktree, RediResi, Clarendon, Roadbridge and Deutsche Bank.

Michael O Connor

Director – Area South West

Michael O Connor
Director – Area South West

Michael is a founding director of O’Connor Murphy Real Estate and director of QRE. He has over 30 years’ experience in the property market. As a general practitioner, Michael covers all areas of commercial property market, recently specialising in investments. Michael's network of contacts is extensive, and his unrivalled success is due to his strength in nurturing and preserving relationships. Some of his clients include Alantis Capital, Oaktree, RediResi, Clarendon, Roadbridge and Deutsche Bank.

Michael O Connor

Director – Area South West

Michael O Connor
Director – Area South West

Michael is a founding director of O’Connor Murphy Real Estate and director of QRE. He has over 30 years’ experience in the property market. As a general practitioner, Michael covers all areas of commercial property market, recently specialising in investments. Michael's network of contacts is extensive, and his unrivalled success is due to his strength in nurturing and preserving relationships. Some of his clients include Alantis Capital, Oaktree, RediResi, Clarendon, Roadbridge and Deutsche Bank.

Michael O Connor

Director – Area South West

Caitriona Ryan MRICS MSCSI
RICS Registered Valuer

Caitriona joined QRE in 2018 and has over 15 years experience in the Irish Commercial Property Market, specialising in Professional Services.  Caitriona is a highly skilled surveyor and advises clients on Valuations, Rent Reviews, Rating, all aspects of Landlord & Tenant and various Tribunal cases.  Caitriona is experienced across all sectors of the market from office to retail to industrial and has recently been involved in challenges to the Vacant Site Register.

Caitriona Ryan MRICS MSCSI

RICS Registered Valuer