A property without any tenants is like a game of chess without pieces – it gets dull rather quickly. DANDERS & MORE’s employees all have practical experience with tenancies and leases, both private and commercial, enabling them to pinpoint and create possibilities for use of properties with the aim of generating operation.
Our job is to make our clients’ work easier. When we take on a new tenancy task, it is not sufficient to focus on the premises alone. The entire property, the future plans – whether possible or impossible – of both clients and tenants/lessees, must be integrated into the work. Balancing of expectations is the key word and the basis of a good and sound commercial relationship, which must be acceptable to both lessor and lessee, and which will be practically manageable long after we have finalised our part of the work.
At DANDERS & MORE, we are focused on the law accommodating the commercial unit established by the lessor and the lessee in a sustainable manner, and not vice versa.
Development of real estate is our way of life, both for habitation and for commercial purposes, and we have precise and practical knowledge of how an investor comes from A to B in matters of development and capitalisation.
We work dynamically with all aspects of lease and tenancies, partly within cost-specific tenancies, thoroughly improved tenancies and refurbished residential tenancies and partly commercial tenancies, including renegotiations, vacation, expansion and rebuilding.
We handle cases before rent tribunals and courts, however, in relation to cases concerning market rent, we have decided only to represent lessors, in order not to compromise on our clients’ needs.
Our clients investing in real estate have very different profiles. International institutional investors typically make time-limited investments, while pension funds and many private wealthy individuals present a “team” strategy.
The lease agreements on which we cooperate must accommodate these needs and be flexible in terms of future development and owners of the property. Particularly in connection with businesses, it is significant that the owner of the property for the time being can develop the property without the risk of any loss on existing tenancies. Profit gained on new tenancies should not be lost on existing ones.
Therefore, we focus on having a variable fixing of rent and distribution of costs based on variable principles of distribution, so that there will be no leakage in the lessor’s operating accounts, leaving the lessor to pay for others’ consumption. Lack of cover of distribution costs highly affects the value of a property and creates unnecessary and delaying disputes in a transaction process.