Vacancy is an inevitable part of commercial property ownership. Even in healthy markets, tenants move out, businesses change direction, and leasing can take longer than expected. For landlords, a vacant commercial property is more than a lost rent cheque, it can drain cashflow, risk asset condition, and affect market perception. The good news? When treated…
Commercial Property Condition Reports (PCR) also known as a “commercial property dilapidation reports” are a detailed record of your property’s state at a fixed point in time. They provide an overview of the condition of a property and include details on items like the walls, floors, carpets, fixtures & fittings. Generally, a commercial PCR would…
As you consider your options for Australian property managers, you might find yourself questioning whether the property manager looking after your 3×2 residential villa is really that different from the commercial property manager running Perth’s tallest office tower. With 24+ years of commercial property management under our sleeve, we’re here to tell you that the…
Commercial property management and corporate property management sound similar, are they the same thing? While at a glance it might be tempting to put commercial property management and corporate property management in the same bucket, the reality is quite different, with each having different property perspectives and end-goals. In this article, we’re going to help…
A commercial property manager takes the day-to-day efforts and stress of owning a commercial property off your shoulders. Across retail, office and industrial, professional commercial property management benefits investors by taking care of their property including tasks such as lease management, finance monitoring and reporting, and maintenance and repairs. As property owners ourselves, our team…
Across all the commercial property management services that we provide, we think that some services stand out above the rest. In our 24 years of combined experience in the Perth commercial property market, we’ve identified several important, but often underappreciated services, that consistently deliver value to the bottom line of our clients and our properties….
Concerned about your property losing value in the coming years? There’s no reason you can’t keep up with the market. Perth’s commercial property market can feel fast-paced but if you stay on top of your commercial property maintenance, you’ll be able to keep pace with market demands and secure a higher return on investment, to…
Commercial real estate can be a valuable asset for building long-term wealth. However, managing your commercial investment property so that it sees a good return on investment also involves significant time and expertise. From attracting and retaining quality tenants to staying compliant with intricate commercial property regulations, it’s a big responsibility with many challenges, even…
When It’s Time to Switch Property Managers By nature, commercial property relationships benefit from consistency and longevity to ensure system optimisation and a positive tenant experience. Yet as properties evolve or new priorities emerge, there may come a time when it’s more advantageous to change commercial property management companies. While these transitions require thoughtful planning,…
You’ve finally stepped into the exciting world of commercial real estate by purchasing your first commercial investment property – congratulations! Of course, as you’ll quickly find out (if you haven’t already), owning and managing commercial property is vastly different from residential ventures. Whether it’s new regulations to follow or unfamiliar procedures for leasing tenant spaces…
Earning a profitable return on your commercial property investment boils down to the art of finding the right tenants, managing expenses, and ensuring ongoing property upkeep – all while respecting your precious time. One common concern is the cost of commercial property management fees. Many investors see these fees as potential deductions from their profits….
Everything you need to know about commercial property management in Perth An Introduction Owning commercial investment property in Perth is highly rewarding, yet it doesn’t come without complexity. From changing regulations to tenant relations and maintenance, effectively managing these types of assets takes knowledge and effort. This guide aims to equip commercial landlords in Perth…
What Is Retail Property Management and Why Does It Matter? Retail property management involves overseeing commercial property leased to retail businesses. This covers property types including: Shopping centres Retail Strips Standalone Storefronts Cafes and Restaurants Mixed-use Developments Professional retail property managers serve as intermediaries between building owners and tenants. They handle day-to-day operations, maintenance, finances,…
What Is Office Property Management and Why Does It Matter? Office property management involves overseeing commercial property leased to office tenants. This covers several property types including: High-rise buildings Suburban business parks Co-working spaces Mixed-use developments. Professional office property managers serve as intermediaries between building owners and tenants. They handle day-to-day operations, maintenance, finances, leasing,…
Industrial property management is a subtype of commercial property management services that comes with its own unique set of needs and challenges. While it may share some management characteristics with other commercial property types, such as retail and office, industrial property management also has some distinct considerations. In this article, we’ll take a closer look at…
In this guide, we aim to provide you with a clear understanding of what property compliance means for your commercial property investments and offer insights on how a commercial property manager can help you minimise your exposure to risks and potential legal complications.
The Perth commercial property market is a significant contributor to the Western Australian economy. With the sector experiencing record growth and hitting a peak in 2021 – 2022, how is the Perth commercial market trending in 2023? We take a look.
