{"id":55195,"date":"2025-11-21T16:43:24","date_gmt":"2025-11-21T16:43:24","guid":{"rendered":"https:\/\/lisney.com\/belfast\/?p=55195"},"modified":"2025-11-21T16:56:24","modified_gmt":"2025-11-21T16:56:24","slug":"end-empty-rates-relief-proactive-asset-management","status":"publish","type":"post","link":"https:\/\/lisney.com\/belfast\/end-empty-rates-relief-proactive-asset-management\/","title":{"rendered":"Empty Rates Relief Is Ending &#8211; Why a Proactive Asset Management Strategy Matters More Than Ever"},"content":{"rendered":"<p>With the announcement that Northern Ireland\u2019s empty commercial property rates relief is set to end, many landlords will soon face significantly higher holding costs on vacant assets.<\/p>\n<p>This change reinforces something our team has been saying for a long time:<\/p>\n<p>\ud83d\udc49 A proactive asset management and leasing strategy is no longer optional &#8211; it\u2019s essential.<\/p>\n<p>At a time when the financial pressure on empty space is increasing, the most successful landlords will be those who:<\/p>\n<ul>\n<li>Identify leasing opportunities early and position units competitively.<\/li>\n<li>Resolve barriers to occupation &#8211; whether physical, legal, or marketing-related.<\/li>\n<li>Use data to understand demand and target the right tenant sectors.<\/li>\n<li>Actively plan refurbishments or repurposing to reduce downtime and maximise long-term value.<\/li>\n<\/ul>\n<p>A reactive approach will inevitably cost more going forward.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-55232 aligncenter\" src=\"https:\/\/lisney.com\/belfast\/wp-content\/uploads\/sites\/2\/2025\/11\/ChatGPT-Image-Nov-21-2025-10_33_37-AM.png\" alt=\"\" width=\"632\" height=\"421\" \/><\/p>\n<p>A planned strategy will protect income, reduce vacancy exposure, and keep assets performing.<\/p>\n<p>At Lisney, we work with property owners across Northern Ireland to:<\/p>\n<p>\u2714\ufe0f Analyse asset performance<\/p>\n<p>\u2714\ufe0f Advise on letting strategy<\/p>\n<p>\u2714\ufe0f Market vacant space effectively<\/p>\n<p>\u2714\ufe0f Support negotiations and tenant onboarding<\/p>\n<p>\u2714\ufe0f Deliver long-term value through ongoing asset management<\/p>\n<p>If you\u2019re reviewing how this policy change affects your portfolio, or want to explore how to reduce vacancy risk &#8211; we\u2019re here to help.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\" wp-image-55234 aligncenter\" src=\"https:\/\/lisney.com\/belfast\/wp-content\/uploads\/sites\/2\/2025\/11\/Logo.jpg\" alt=\"\" width=\"107\" height=\"107\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>With the announcement that Northern Ireland\u2019s empty commercial property rates relief is set to end, many landlords will soon face significantly higher holding costs on vacant assets. This change reinforces something our team has been saying for a long time: \ud83d\udc49 A proactive asset management and leasing strategy is no longer optional &#8211; it\u2019s essential. [&hellip;]<\/p>\n","protected":false},"author":133,"featured_media":55237,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-55195","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorised"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Empty Rates Relief Is Ending - Why a Proactive Asset Management Strategy Matters More Than Ever - Belfast<\/title>\n<meta name=\"description\" content=\"End of Empty Rates Relief: How Proactive Asset Management Can Protect Your Property Portfolio\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/lisney.com\/belfast\/end-empty-rates-relief-proactive-asset-management\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Empty Rates Relief Is Ending - Why a Proactive Asset Management Strategy Matters More Than Ever - Belfast\" \/>\n<meta property=\"og:description\" content=\"End of Empty Rates Relief: How Proactive Asset Management Can Protect Your Property Portfolio\" \/>\n<meta property=\"og:url\" content=\"https:\/\/lisney.com\/belfast\/end-empty-rates-relief-proactive-asset-management\/\" \/>\n<meta property=\"og:site_name\" content=\"Belfast\" \/>\n<meta property=\"article:published_time\" content=\"2025-11-21T16:43:24+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-11-21T16:56:24+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/lisney.com\/belfast\/wp-content\/uploads\/sites\/2\/2025\/11\/Vacant-Buildings-1.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1536\" \/>\n\t<meta property=\"og:image:height\" content=\"1024\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Kristian Dube\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@LisneyBelfast\" \/>\n<meta name=\"twitter:site\" content=\"@LisneyBelfast\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Kristian Dube\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/lisney.com\/belfast\/end-empty-rates-relief-proactive-asset-management\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/lisney.com\/belfast\/end-empty-rates-relief-proactive-asset-management\/\"},\"author\":{\"name\":\"Kristian Dube\",\"@id\":\"https:\/\/lisney.com\/belfast\/#\/schema\/person\/7a5ec03a3bdfaf3fa6c7383d60ade3d2\"},\"headline\":\"Empty Rates Relief Is Ending &#8211; 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