November 13th, 2019
GERALD EVE EXPANDS RESIDENTIAL DEVELOPMENT VALUATION OFFER
Delivering great results for this well-known logistics company
DHL is one of the world’s leading logistics brands. Starting out as a service between San Fransisco and Honolulu, it is now the world’s leading international logistics company, serving 220 countries from three global hubs, as part of Deutsche Post DHL Group.
Gerald Eve was appointed in the early-2000s in a period when DHL was acquiring businesses and, with these businesses, consultants. Rationalising this roster of agents, DHL brought Gerald Eve on board to provide total rating advice backed by an appreciation of the property and operational issues facing a global distribution and logistics business.
It was a complicated picture. The company had many sub-businesses and a property portfolio with many different operational functions that had changed over time. The job of our team, combining surveyors from all of our regional offices and our industrial department in London, was to audit DHL’s historic rating liability, and to identify where new appeals could be made.
We have been able to bring a wealth of specialist sector insight to our continuing work with DHL in areas directly relevant to their portfolio, such as distribution centres, logistics facilities close to airports, rail freight terminals and high-bay warehouses (dedicated facilities over 12m in height). We’ve also audited water rates demands on part of their estate, provided budgetary advice on new property projects and mentored one of their graduates. So far, in the 15 years since our appointment, our work on appeals and other rating areas has generated savings of over £20m for DHL. A tidy package by anyone’s standards.
For more information, or if you’d like to talk about reducing your business rates burden, call Stephen Newland on 0113 204 8412 / 07774 823255.