Property asset management is the strategy and skill needed to manage real estate in order to increase investment values and reduce costs in the long term. It is a very promising system as it can bring tangible benefits to property owners.
Real estate asset management, real estate portfolio management or investment asset management all focus on the same objective – real estate as an “asset” as opposed to other non-property forms. Real estate asset management focuses primarily on commercial properties due to their higher value, less so on residential real estate especially mixed-use projects for a variety of tenants.
If we want to achieve a higher return on our property and not just go with the flow, it is extremely important to have a clear strategy spread over time. It is also important what price we are willing to pay to achieve the goal. A real estate asset management plan helps to achieve a realistic timeframe and an appropriate sequence of actions. External expert advice is very important at each stage. Consultants are not only experienced in property and market matters, but also have a fresh perspective on the property in question, so they can find a completely new approach. It is worth paying the right price for advice that is actually useful, because as the old adage says, the wily one usually loses twice. However, it is worth making sure that you get the right advice and not a template report.
The property asset management service also includes professional investment of investors’ funds in investment assets on the real estate market, tailored to individual needs, with particular emphasis on: the time horizon of the investment, the accepted level of risk, the required rate of return, liquidity of funds.
Funds are mainly invested in the commercial real estate market in the warehouse and logistics space, retail premises and hotel projects segment, and managed at the strategic and operational level.
