The Thomas Partnership: Outdoor Media Management
The Thomas Partnership is the UK's only practice of Chartered Surveyors acting solely in relation to advertising hoardings and displays.
Established in 1990 we have an unparalleled experience of direct day-to-day market transactions, supplemented by continual research and monitoring of both the property and media sectors. As a result the Thomas Partnership is uniquely placed to provide unbiased professional advice in this very specialised field.
Ultimately, the value of our services not only ensure the client benefits from maximized revenue but a significant amount of time is saved which can be redirected towards primary activities.
The facts are simple:
- Over 90% of all hoardings registered have been significantly underlet
- Over 80% have been subject to hoarding contractors standard forms of agreement. These agreements invariably prejudice the landowners ability to maximize the potential of this valuable income source
- 2006/2007 has seen a concerted campaign by national Outdoor contractors to reduce their site license fee ledgers by claiming depressed market conditions. The Outdoor market has experienced tough trading conditions but many de-negotiation notices are unwarranted due to indiscriminate site targeting
- The Outdoor Advertising Association of Great Britain has announced that gross revenue in the first quarter of 2007 was £237,445,038, a 7.7% increase on the same period in 2006
If you would not let a shop, industrial unit or residential property for less than it's market value then why would you accept this for an advertising hoarding that may be worth more than the principle property itself.
Stop Press: The Town and Country Planning (Control of Advertisements) Regulations 2007 adopted 6th April 2007.