The relationship between leasing agents and commercial property managers has never been more critical to the return, tenant retention, and overall performance of a commercial property asset.
When leasing agents and asset managers work in isolation, focused on the KPIs of their individual businesses or units, the client’s ambitions are undermined.
At Bromley Real Estate, we have been in business for more than 40 years. We manage more than $1bn worth of commercial property assets for clients across Brisbane and wider Queensland. Over this time, we have had property investments transferred to us where another agency has completed the lease.
On some occasions, we end up managing a property where the tenant ends up being the wrong fit or the lease has been structured in a way that is problematic for either party. Our experienced asset managers are proactive mitigating risk for landlords, but a poorly executed lease will always pose headaches for investors.
At Bromley, our leasing agents and asset managers collaborate on every lease campaign to make sure:
- The tenant’s commitment aligns with the long-term objectives of the owner;
- Lease terms are appropriate with clear outlines around the responsibilities of outgoings and maintenance;
- The tenant’s service offering is either unique to, or complements, existing businesses in the complex or surrounding precinct.
Our leasing agents and commercial asset managers work collaboratively, not in silos.
It’s a strategic partnership which increases our accountability for the long-term performance of the asset and the experience of our investors.
For landlords looking for long-term asset growth, not just short-term leasing wins, having an asset manager working alongside a leasing agent isn’t just beneficial – it’s essential.