Legacy removes the management and financial hassles of your surplus portfolio
Legacy Portfolio provides a swift and economic solution to the surplus liability leasehold problem. By implementing it's proprietary methods, companies are able to transfer the obligations and liabilities from their balance sheet in a tax and profit neutral way, with minimal transaction costs and in a timely manner. Costly and protractive negotiations with landlords are thus avoided, implementation of a credit guarantee can be simple and effective, and our experience allows us to disarm “issues” as they arise.
Working with our specialist team of advisors, we will:
- Evaluate a lease portfolio's liability profile and provide a reliable indication of the exit cost
- Establish an exit structure from the liabilities
- Provide the comfort of a credit enhancement to protect your ongoing risk
- Remove the ongoing risk of the financial and management burdens
- Provide detailed quarterly updates which measure the success of the workout
Once acquired, Legacy's sister company FraserCRE executes the day-to-day management of the portfolio. Established in 1993, FraserCRE is the leading provider of outsourced property services to the corporate occupier market, with extensive experience of successfully managing assets and mitigating distressed lease portfolios for corporates. To find out more visit www.frasercre.com.
