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Commercial and Retail Property Management – Performance Standards for Better Managements
It is very easy in commercial property management to forget about performance standards as part of serving the clients that you work for. In any working week, the activities of the day can get away from you and the job just ‘gets done’. Any standards that you are working towards can easily be forgotten. It…
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Commercial Property Managers – End of Month Reporting Tips to Landlords
When it comes to managing a commercial or retail property, the landlords that you work with will have specific needs and requirements for the monthly report. In the monthly report certain things will need to be monitored and tracked to ensure that errors and omissions do not ‘slip through the cracks’. Many a property manager…
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Commercial Property Managers – How to Prepare a Budget for Your Property
When you manage a commercial or retail property, the budgetary process and assessment will be a frequent part of the property performance and monitoring system. An accurate property budget will help you with the overall property performance throughout the year. That being said, the budget that is created for a property needs to be completely…
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Commercial Property Management – Rental Growth Strategies
When it comes to managing commercial and retail property, it is very important to optimise the income for the landlord. The income for the property should be looked at both individually with separate leases, and across the entire property and the tenancy mix. At the beginning of every financial year, there should be some form…
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Commercial Property Managers – Strategies to Improve Commercial Property Income
In commercial property management, the process of income improvement is fundamental to the performance of the asset for a property investor. There are many ways the income for a property can be improved; the greater number of tenants in a property, the easier the process is. If you have a single tenant, then your options…
