Property Management
The comprehensive day-to-day technical, administrative and operational care of a commercial property to preserve its condition and value.
Property management encompasses the full responsibility for maintaining, securing and operating a commercial building. It extends beyond routine repairs to include administrative duties such as rent collection, insurance, compliance with regulations, and preventive care of the asset.
A property manager on behalf of the owner oversees:
- Regular maintenance and repairs of structure, roof, façade and technical systems
- Safety, hygiene and emergency provisions
- Administration, invoicing and tenant relations
- Scheduled inspections to prevent deterioration
Effective property management preserves asset value and reduces unexpected costs.