What is property management?
Property Management constitutes a special branch of the real estate business that consists of the operations, supervision and execution of management policies pertaining to a given property. A property managers’ basic purpose is to provide the client-owner the highest possible continuous net return from the property consistent with the best use while, at the same time, providing the tenants the best possible service and value for the rent.
Property Management is a service which comprehensively covers all aspects of the building structure and its facilities. We provide important inputs into both the design stage and the building commissioning, increasing the capital value by minimizing operating risk and cost. Thus, maximizing the benefits and return of investment to the occupiers and building owners. Capability The property management team have the ability to deliver a full range of services precisely and effectively. We aim to offer clients an integrated and cost-effective management service to help them achieve success in their investment. Colliers International adds value by providing a complete analysis of parking facilities (potential or operational) and how it can be operated to generate maximum returns, while maintaining the conveniences expected from an amenity.
Property Management encompasses the activities needed to manage real estate. Property management usually includes all or some of the following activities: billings, collections, escalations, accounts payable, administering service contracts, building maintenance, operating budgets, reconciliations, tenant issues, etc. Frequently leasing services are also included in the scope of property management.
