Commercial, Industrial & Retail
We believe that the three most important fundamentals in any successful administration are the timeous collection of rentals, effective tenant liaison and clear reporting to clients on a monthly basis. The Maxprop Property Manager’s believe in being "hands on" to Maximise returns to owners, to enhance the performance of the investment and to protect the long term value of the client's properties.
The Maxprop Management team consists of Property Managers, Leasing Co-ordinators, Credit Controllers, and Maintenance Inspectors. The team is also backed up by a Financial Division whose staff attend to budgeting, preparing financial statements and ensuring that rentals and recoveries are accurately determined.
The property management team attend to the following:
Drawing up of new leases, renewals and cessions, screening prospective tenants and attending to the tenant installations. Collection of rentals and recoveries from tenants. Determining the rentals and ensuring that they are in keeping with the market.
Carry out inspections of the buildings and ensuring that maintenance is carried out where necessary, including negotiating with contractors and other professionals in this regard.
Ensuring that the building is run as effectively and efficiently as possible, always monitoring expenses to ensure that the building is well maintained.
The financial services arm of the Property Management Division offers the full range of support, including accounting and bookkeeping services (which can be tailor made to the client’s requirements) and management of funds on behalf of clients. Like any other investment accurate and up to date financial information is vital to enable clients to make informed decisions on their property portfolio. Assisting clients by providing this information is our primary focus. While our main objective is to provide a personal based service, this is only possible through the efficient and appropriate use of technology. As such our computer system is designed not only to ensure that accurate and up to date information is available at all times, but that this information is presented to clients in a user friendly and informative manner. We are constantly striving to ensure that the latest technology is utilized to improve efficiencies.
As property is one of the three pillars of any investment portfolio, several years ago Maxprop identified the need to make this form of investment available to the smaller investor in the form of Property syndications. Maxprop pioneered the field and has been instrumental in forming a number of syndications, ranging from those consisting of a handful of investors to public companies. Similarly investment amounts can range from R20 000 to several million Rand.Most syndications have managed to achieve returns which consistently outperform inflation as well as giving the investor capital growth over a period of time, all within appropriate risk profiles. The Property Management Division provides the expertise for the ongoing management of these syndications.
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