If you work in commercial real estate property management and leasing, you will likely understand that the energy costs are increasingly a big part of property performance. Energy costs will impact property outgoings for the landlord and for the tenant. Those costs have to be balanced and controlled so they do not drag down the…
Any commercial property under management today will have issues with energy and energy consumption. In most cases, a building’s energy consumption can account for approximately 20% of overall outgoing costs. Any energy savings that you can make will have a dramatic impact on property performance, rental structures, and net income. These are the Energy Facts…
From time to time in any commercial building you will come across the need to save money for the landlord. Pressures arise from existing vacancy factors, property oversupply, and cost escalations. It directly follows that you should watch the trends of the property market, and look for any new developments that could shift the balance…
Energy management can be a major issue when managing a commercial, industrial, or retail property today. Energy can account for a large percentage of the building’s operational costs. Let’s think about costs. There are two types of outgoings in a commercial, industrial, or retail property: the ‘controllable outgoings’ and the ‘uncontrollable outgoings’. The tenants lease…
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