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

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

Jonathan Hillyer MRICS MSCSI
Investment & Advisory

Jonathan has 20 years’ experience in the Irish commercial property market. He is a recognised expert in the Irish investment market for both selling but more commonly advising on the purchase of Irish real estate for Irish & Offshore clients. He has been behind involved some of the most high profile transactions in the state including recently St. Stephen's Green Shopping Centre, Tesco Distribution facility, Donabate & La Touche House, IFSC. Clients include Irish Life, Friends First, Credit Suisse, Doric & Corum.

Jonathan Hillyer MRICS MSCSI

Investment & Advisory

Bart Foley
Senior Surveyor

Bart joined QRE Advisors in March 2022 as a Senior Surveyor and works within the Valuations and Advisory Team. He holds an M.Sc. (Hons) in Real Estate from Technological University Dublin, a B.Sc. (Hons) in Information Technology and Business from National University of Ireland, Galway, is a member of both the Society of Chartered Surveyors (SCSI) and Royal Institution of Chartered Surveyors (RICS) and is a RICS Registered Valuer.

An accomplished Chartered Surveyor and real estate expert with 18 years’ experience and knowledge of the Irish commercial and residential property markets. Expertise includes Red Book valuation modelling and reporting having worked with all the main financial institutions, state bodies, various funds and private clients during his career to date. In previous roles within the real estate industry, Bart has worked in asset and investment management, development management and project management, all with strategic decision-making requirements. A skilled professional who has previously successfully managed acquisitions, disposals and add value income generation and sourced debt and equity finance for the purchase of significant assets and portfolios in Ireland and internationally.

Bart Foley

Senior Surveyor