Any enterprises need good locations to kick start doing or expand their business. A good venue is defined by various factors, the alignment between rental or ownership costs and the firm’s financial capacity, location and traffic (accessibility), surrounding environment, etc. In order to choose such an appropriate venue that meets needs and requirements of your enterprise, a team of experts with enough insights into real estate market, analytical and negotiation skills should be in place. However, due to limited conditions, many firms, especially small and medium sized enterprises, must rely on inhouse staff with insufficient skills and knowledge. Within the scope of this article, we will provide you with information on J & Partners’ site selection services which allows you to reflect and see what might suit your needs.

Site Selection Analysis

JNP site selection analysis service offers clients in-depth property market research on potential sites for your projects. JNP real estate experts will use a geographic information system (GIS platform) to rate the shortlisted potential sites through especially accessed market reports and data.

This site selection service may be perfect for you if:

  • Your inhouse team has overseen the potential sites but had limited access to in-depth information for site selection decision-making;
  • You have a plan to expand your business in a new market, but you have no or limited information of the real estate market there;
  • Your current costs for office or factory rental are high and you need to look for a new place for cost mitigation yet still meeting your current needs.

Site Identification Service

This approach is like boots-on-the-ground research, which means it digs up more details of shortlisted potential sites, such as visibility, accessibility, surrounding infrastructure and environment, etc.

Your business would need the site selection service if:

  • You have no in-house staff to oversee the property market;
  • You might have your in-house real estate staff, but they are on another project and have very little time for site selection of your current project;
  • You have in hands an essential site selection analysis but are still in need of more profound research to sort out a site that perfectly meets your capability and needs.

Site Negotiation

After sorting out appropriate properties upon your selection criteria, you would want to make a deal with the landlord and relevant government agencies to help you own or lease the site with the most effective cost and short time.

This site selection service may be perfect for you if:

  • You do not have a specialized real estate team with sufficient legal and property knowledge, as well as negotiation skills to negotiate with relevant parties;
  • Your real estate negotiation is far more complicated beyond the handling capacity of your inhouse team;
  • You are expanding your business in an oversea market or another province or regions so you are in need of local experts with deep insight into the local real estate market and culture who can assist you with the negotiation.

 

Site selection may be a lengthy and costly process if you struggle with an unqualified construction consulting firm or an inhouse team with insufficient knowledge and experience. With a view to optimize your site selection process, JNP offer a superior site selection service delivered by a team of local and foreign experts with diversified knowledge and experience. JNP team members have provided site selection services for firms in various sector, such and restaurant and catering services, housing and apartment, health care, hospitality, textiles and garments, etc. Contact JNPartners to find out more about out high-quality site selection service!