Parking Asset Advisory Strategy and Tender Process

Asking the market for a competitive rent usually increases non competitive offers by at least 10%. The current rents were established during COVID so, to maximise the value of the parking asset, it is best to test the market and make an informed decision. Strategy development includes:

• Ideal look and feel of the Car Park

• Customer expectations and ideal customer experience

• Industry best practice around value adds for the operator and customer

• What is the latest technology to consider and identify pros and cons.

• Trend, per operator, towards types of technology

• Impact of technology on customer experience

• Considerations when dealing with an operator in tender assessments

• Parking Asset leasing market update including expert industry IP

• Changes in the Parking Asset market post COVID

• Case studies

• Strategy summary in a single page report.

Running a formal Tender Process results in a competitive environment, ultimately providing for the best outcome for the Parking Asset owner. With the added assurance that an independent process was followed and that rental returns are the highest possible for the current market.