Products and Solutions

Parking Asset Advisory offer a range of products to enable compliance, maximise returns and ensure your operator is delivering on all aspects of your contract.

Parking Asset Advisory apply their proven and unique CARS (Contract, Analytics, Review, Strategy) methodology to all Products and Solutions.

  • Two women sitting at a table looking at a laptop screen displaying furniture products.

    CAR PARK ASSET INITIAL REVIEW

    A Car Park Initial Review is a comprehensive review of the Car Park’s wellbeing. This review focuses on five key areas: financial, operational, customer experience, contract compliance and community connection.

    Parking Asset Advisory inspects all elements of your Car Park and provides recommendations to optimise returns, improve efficiency, enhance customer experience, minimise risk and maximise value during the Tender process.

  • Two people discussing a whiteboard with sketches, notes, and sticky notes, one holding a laptop and the other holding a marker.

    STRATEGY AND TENDER PROCESS

    Many existing rents were established during COVID so, to maximise the value of the Car Park, it is prudent to test the market by running a formal Tender Process. This results in a competitive environment, ultimately providing the best outcome for the Car Park owner—with the added assurance that an independent process was followed and that rental returns are the highest possible for the current market.

    Strategy development includes in-depth discussion and review across all aspects of your Car Park. Please see further detail below.

  • Four businesspeople in a meeting room with large windows and city view, three facing the woman speaking, sitting at a round table with laptops, water bottles, and documents.

    QUARTERLY BUSINESS REVIEW

    The Quarterly Business Review typically commences post-tender and is an ongoing and regular review of the five key areas of a carpark: financial, operational, customer experience, contract compliance and community connection.

    Car Parks are active assets which require constant monitoring and proactive action.  Regardless if a leased or management deal is secured, the revenue and customer experience has an impact on the entire asset.  Therefore, we recommend regular reviews to ensure the Car Park Asset is being maximised.

  • Two colleagues, a man with a beard and a woman with brown hair, are smiling and giving each other a high five in a bright office space with a brick wall, window, and a whiteboard in the background. They are seated at a desk with a laptop, papers, coffee mugs, and a plant.

    CONSULTANCY FOR OTHER SOLUTIONS

    Any other potential or unrealised solutions available to boost your Car Park revenue including (but not limited to): Car Park revenue review, congestion levy strategy and implementation, contract negotiations, market return assessment, forecast modelling and due diligence for buying or selling Car Park assets.

    Interested in discovering how Parking Asset Advisory can add value to your Car Park?

The Trends Transforming Parking.

“From cashless systems to customer-centric services, driverless cars to big data… a host of trends are transforming the parking industry.”

Property Council member and Parking Asset Advisory CEO, Allison Yeoland, shares her insights in a recent interview with the Property Council of Australia.