The benefits of property management

Overview of benefits

• Central managers with full authority to control and issue orders directly raises property performance.

• The fast transmissions of information, data and documents by asset management (partly through the direct link to the ERP programme) ensures faster response times thanks to close communications using real-time data.

• Direct oversight of local administrators on site by responsible property managers: accurate data is therefore available at all times directly, not through external organisations.

• Complete control of all payment transactions and cash inventories; central and timely regulation of cash flows.

• The local management team is no more than 30-80km from the property, ensuring better control and tenant proximity.

• Local networking is improved by involving local managers and drawing on their local knowledge in rental and lettings issues.

• No need for a general administrator or key account manager.

• The option of rescinding single contracts eliminates risk to the portfolio as a whole; if required, suitable new partners may be selected in individual instances.

• Responsible managers can impose direct discipline on appointed property management companies, ranging from sanctions and liability actions for misconduct to dismissals.

• Head office focuses on financial issues and evaluating the property data it receives: it is shielded from the complex day-to-day business of property management.

Services in detail