We are involved in valuations for various purposes, including leasing transactions and renewals, statutory and contractual matters, and other general leasehold advice. We focus particularly on providing the holistic advice that starts with a valuation and which often incorporate a contentious element.
We advise institutional landlords on general leasing strategy and enhancement of rental tone on an ongoing basis for various portfolios across Hong Kong, both office and retail. We also regularly advise on contentious matters arising out of rent reviews, options to renew and lease renewals in that context. We also advise various large space occupiers of both office and retail space in managing their portfolios, leasing strategy and other corporate real estate issues.
ADDITIONAL RENTAL INCOME
Most recently, we were involved in a contentious rent review for over 19,000 sq ft premises for a major landlord in the Greater Central area where we ultimately obtained a rent at the cap, achieving some $1.4m in additional rental income over the term.
Rates & Government Rent
We are one of the few if not the only firm in Hong Kong that is dedicated and truly specialised in rating and government rent work, as an extension of our rental capabilities. We are or have been instructed by occupiers or owners of almost every asset class requiring complex and technical valuations, including hotels and serviced apartments, car parks, theme parks, utilities and infrastructure, industrial and logistics, tunnels and telecoms, as well as office and retail portfolios, among others.
As a result of our dedication in this field we have and continue to be pioneers in creating and applying new approaches in achieving savings for clients through a thorough understanding of the relevant legal and valuation principles, old and new. We have worked on many occasions with the leading counsel in this area who have themselves been at the forefront in the legal field. We continue to establish landmark precedents in Hong Kong allowing ratepayers to mitigate their tax exposure.
What clients say
We normally do the talking for our clients, but it just feels wrong to talk about ourselves.
Dwyer Lynch & Co distill and concentrate not merely a penetratingly thorough awareness of the workings of the market, but also – critically important in these fast-moving times – an astute perception of the way the market is moving. I would not recommend anyone else: they are the ones to have on your side.
Dwyer Lynch & Co were retained on an annual basis by Pret a Manger. The team at Dwyer Lynch work very closely with our team giving us professional and trustworthy advice, ensuring they always have our best interests at heart. They have become part of the Pret team, they are a team of people whom we can trust, a team offering expert independent quality advice, a team that is honest and reliable. It’s not easy to find a group of people who understand what is important to a company or appreciate how important the Culture of a company is when looking for new opportunities: Dwyer Lynch & Co just get us.
Dwyer Lynch & Co was known to our company as surveyors who specialise in acting on behalf of Hong Kong landlords in problematic rent reviews or dispute resolution matters. We were very pleased with their services and are happy to recommend them as specialists in their field. In our particular case, the technical framework of the case was quickly mastered, an advantageous negotiation position was rapidly attained and a satisfactory new rental agreed within a short time.
I would not say that Dwyer Lynch & Co were the best in class for rent review services – but they have to be in the top one.
I have worked both with and against Dwyer Lynch & Co on many leasing transactions and rent review disputes over the last 15 years in Hong Kong and Singapore. Their market knowledge, strategic approach and understanding of case law and its implication on valuation and the dispute resolution process are exceptional. As a consequence, they have carved for themselves a unique position in the market for landlord consultancy services.
Dwyer Lynch & Co are very experienced chartered surveyors in Hong Kong and their professionalism was shown in the course of handling rent reviews for us. Their technical valuation skills, together with their comprehensive market knowledge, assisted us to achieve good results in rent review negotiations with tenants. I would recommend them as experts in the field of valuation and rent reviews.
They always strive for the very best interests for their clients and their work has never failed to be impressive…they are true specialists in handling commercial rent reviews and tenancy administration matters. When professional advice is needed on tenancy matters, they are the experts whom I look for and whom I can fully rely upon.
Dwyer Lynch & Co act in a dedicated and professional manner and demonstrate their understanding and experience of the rent review process. They also display a good knowledge of relevant case law and legal precedents as well as the intricacies of valuing premises under a lease.
Market gossip has it that Dwyer Lynch & Co have never lost a case. When I asked about this they simply shrugged their shoulders and said that rent reviews were not about one side winning but about uncovering the truth and getting the correct market rent. I think this sums up Dwyer Lynch & Co.
…generally acknowledged as a respected leading expert in leasehold valuations, rent reviews and strategic advice in both office and retail sectors…I am very happy to recommend them to any potential clients.