Commercial and retail property management systems are very important in the investment performance of an asset. The ‘handover process’ similarly so. Property managers of commercial and retail buildings today are very skillful and should be so; they have to know so much about property operations, lease documentation, tenant selection and management, and asset performance. (NB…
If you are to take on a new property under management, you really do need to assess current issues quickly. Look for the challenges in the asset and understand the landlord pressures and targets. Ask plenty of questions. Every property is unique and different. You cannot take anything for granted. A successfully managed property is…
When you lease a vacant commercial or retail property to a new tenant, that process will not be the end of the leasing matter. The lease commitment is the start of the process. There are many things to be done to take the tenant forward in occupancy in the property. You need an organised move…
In commercial property management and leasing, the leases and the tenants in a property are critical to the income cash flow for the landlord. You as the property manager must watch for the upcoming lease changes and renewals. They are called ‘critical dates’ and they should be tracked and actioned early or on time in…
When you work in commercial real estate property management or shopping centre management, you will know the importance of a good property handover from other clients or agents. If you are on the receiving end of the handover you really must be careful and prepared for the event. The handover process is the only time…
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