Currently, the property market is fraught with anxiety. With the changing of power in Westminster, so comes the predictable wave of legislation and governance which can cause property professionals more than a few headaches.

Landlords, agents, asset managers, and developers alike face a number of challenges from identifying properties at risk of distress before they escalate into financial or operational concerns, to finding viable sites at the right price to invest or develop. The new Distressed owners filter and Distressed tenants filter in the Nimbus platform offer you the tools to not only make smarter decisions but also drive new opportunities.

Why distressed properties matter now more than ever

The financial health of a property or tenant has far-reaching implications, from rental income and property value to portfolio stability. For landlords and asset managers, an at-risk tenant can spell trouble if a vacancy arises, driving up costs and threatening valuations. On the flip side, commercial agents and developers can leverage this information to acquire properties below market value or to reposition struggling assets.

With economic uncertainty and rising pressures on businesses, the ability to track these indicators effectively has never been more important and now this is possible at the click of a button with Nimbus.

Introducing the distressed ownership filter

The Distressed ownership filter is a game-changer for property professionals looking to identify off-market opportunities with owners under financial pressure or already in administration or receivership. 

How it helps you:

• Asset managers: Spot potential risk early to mitigate financial exposure or renegotiate lease terms.
• Surveyors and agents: Quickly flag distressed properties to clients for proactive acquisition and valuation advice.
• Commercial agents: Identify motivated sellers more likely to negotiate on price, unlocking opportunities for buyers.
• Developers: Pinpoint struggling offices or other properties that could be converted into high-yield residential developments.
  
  

What is the distressed tenants filter?

For those managing or acquiring leasehold properties, the Distressed tenants filter is equally invaluable. This tool allows users to locate properties occupied by tenants showing similar signs of distress. These insights enable proactive engagement to either stabilise leases or identify properties with high turnover risk.

Why it’s essential:

Landlords and asset managers can protect lease stability and reduce costs by renegotiating terms or identifying new tenants early, while agents acting for landlords: can help clients secure higher-value, long-term tenancies that improve building valuations. For developers and buyers, using the distressed tenant insights to spot undervalued properties, presents numerous acquisition and redevelopment opportunities.

What does this look like in the real world?

Here’s how professionals are already using these tools to get ahead:

• A landlord managing a commercial portfolio identifies tenants late filing accounts. By acting early, they negotiate an exit strategy and attract a more secure tenant, maintaining the building’s valuation and avoiding costly vacancy periods.
• A property developer identifies a distressed office building at a reduced price, using the data to support a proposal for residential conversion under Class MA. This move significantly boosts the project’s profitability.
• Agents leverage the filters to flag struggling buildings that owners may be eager to sell. They present these opportunities to buyers looking for investments with room for negotiation.

These features are essential tools for property professionals looking to stay ahead in a competitive market. They enable proactive risk mitigation, allowing you to identify potential issues early and protect property income and portfolio stability. With data-backed insights, you can make smarter, faster decisions about distressed owners and tenants, giving you the clarity to act decisively. Additionally, these tools provide a competitive advantage, helping you stand out by offering innovative, proactive solutions to landlords, buyers, and investors.

Get started today

The Distressed owners and tenants filters are just the beginning of how Nimbus is empowering property professionals to stay ahead. With these tools, you can unlock hidden opportunities, mitigate risk, and elevate your strategy to the next level. Book a demo today to explore the powerful tools of Nimbus and discover opportunities to maximise your strategy.