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Ongoing portfolio review - detail

Property Evaluation (Indentified by) Real Estate Asset Department

Circulation All Departments

Development Need Identified?

NO

Potential Part Of Larger Site

YES

Assemble / Maintain

Property Review

YES
Prepare Business Case

Acceptable Business Case

YES NO

Add to READ Portfolio

Revenue Maximization Strategy

Due Diligence Market Value Appraisal Sale/Lease Analysis Disposal Process


Select Deposition/Lease Process

Board Approve Portfolio Plan and Declare Surplus

YES
Sale/Lease Process (RFP/List with broker/staff sale)

Negotiate Sale/Lease Agreement Consolidated into Portfolio Plan

YES

Within Parameters of Portfolio plan?

Set Next Review Date

NO Execute Agreement DESIRED STATE


Board Approve Sale / Lease

NO

YES

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