Every asset needs a clear strategy: a business plan that sets out build, mobilisation, stabilisation, hold and exit objectives, and KPIs to drive total returns and asset appreciation
The Asset Business Plan echos the asset management agreement and confirms the delegated authorities enabling Ringley to the Client role. Our zoom focus is to maximise rental growth, reduce leakage to drive total returns. Every £10,000 saved in the gross to net at a 4% yield adds £250,000 to the value of the asset.
We consolidate hundreds of data points collected along each customer journey. Our tech stack is vertically integrated and adopts your chart of accounts to make light work of both reporting on individual assets and the consolidated fund too.
Our multi-disciplinary expert teams have national reach and a successful track record with funds, investors, landlords and property developers. We collect and share data effortlessly. Together we reduce the layers of management this optimises total returns for our clients' investments.
Our role is to achieve your investment objectives, all the while ensuring each asset is attractive, safe, and complies with a raft of legislation from fire to plant and equipment and that protecting residents' monies. Reputational risk management and keeping you safe governance-wise is why our Clients choose us. Critical success factors include: appointing the right front of house team, brand alignment, corporate training, tight revenue management as well as welcoming your residents home.
Deploying capital at pace into residential real estate requires hands on active management that breaks through the layers, has scale to cover the diverse skill sets required, these are reasons Ringley is well placed to assist with some of the very real challenges that investing in property brings.
Timing is everything when the objective is to realise the value of an asset. However, arguably, preparedness matters more so the sale does not fall through or the price get knocked.
Our internal audit function prepares assets for sale and manages data rooms. We can deploy super smart people to the site to audit, fix, and backfill missing documentation. Our HQ Compliance teams can audit building, unit, and tenancy compliance and piece together Golden Thread and Tall Building Safety information.
Depending on the type of property, we can implement strategies to improve yields, such as to manage students out and increase lets to young professionals, and weigh up the costs of refurbishment or cosmetic dressing to release the value.
"Ringley made light work of setting up a team physically on site to understand site staff roles - what was working and what was not. Their audit was swift, and they made light work of resolving their recommendations. They probably completed a year’s work in just two months, which ultimately achieved a successful sale on what was ultimately becoming a stranded asset."
£6m Value Add Case Study - Salford
Notable achievements included: creating an Asset Level Business Plan & ESG strategy with extra value released from the following practical initiatives
Inventories
Implemented mid-term & checkout processes to guarantee a win in the case of a deposit dispute
Staffing & Compliance
Streamlined processes. Reduced staff from 5 FTE to 4 FTE saving circa £30K. Site Staff Education programme. Processes implemented
Gross to Net 26%
Improved Gross to Net by 8%: Arrears reduced, Rents re-priced & £220K operational costs saved
Desirability
upgraded Wired Score rating from SILVER to PLATINUM
Increased Rents
£66,000 risk reduced: implemented fail-safe tech so teams cannot omit deposit registration.
Internal Audit
£66,000 risk reduced: implemented fail-safe tech so teams cannot omit deposit registration.
Costs
£220,000 operational costs saved to drive gross-to-net
Arrears
Reduced by 50% in 2 months
Una Living is the living sectors delivery platform of The Ringley Group.
We build communities and support thousands of residents nationally.
