The main aim of Real Estate investment is to ensure that the property owner realizes optimal returns. For this to be achieved professional property management is of paramount importance and an inevitable service.
The role of management begins when a development is first conceived. There are a variety of responsibilities, which must be undertaken prior to occupancy. The architectural plans and specifications must be reviewed by the designers, contractors, and the estate developers.
At Neo Westend Ltd, we ensure that the property is optimally occupied at all times, rents are collected on time, vendor billings are paid and up-to-date, there is an on-going preventive maintenance program, the systems are operating efficiently within operating budget forecasting, rent reviews and lease renewals are done promptly at due dates, all tenant issues are dealt with promptly, and the cash flow from the development is equal to or better than the projections.
