About this video
Ellie builds one tenant master list across three managers and finds a group concentration the report splits three ways.
Full description
Tessera's committee needs one tenant master list across Hong Kong, Singapore, Sydney and Brisbane. The concentration report counts Caldwyn as three unrelated tenants; read together, the leases and guarantees point to one group at 8.94% of rent (US$19.0m of US$212.41m), over the 7.5% watch line. Ellie flags the Hong Kong link as a documented assumption to confirm, and merges duplicate tenant names so the top-ten share is 33.0%.
Key points
- Three managers' tenant lists reconciled into one
- Group exposure found across leases and guarantees
- Assumptions flagged, not hidden
Video details
- Roles
- Asset Manager, Portfolio Manager
- Processes
- Portfolio Analytics, Lease Abstraction
- Geographies
- APAC
- Markets
- Australia, Hong Kong, Singapore
- Tags
- author-demo-2, tenant master list, concentration