Long-term benefits and value for the buildings and leaseholders should extend to your knowledge and understanding of items such as sustainable initiatives, such as energy-efficient upgrades (e.g., solar panels, LED lighting, insulation). Spending money on a block of flats doesn’t just have to be about repairing or redecorating. Sometimes you can utilise new technology to increase the long-term benefits for leaseholders and building owners.
Property managers play a crucial role in ensuring buildings look to improve and update over time. This can make ongoing maintenance more efficient, reduce costs, and even generate revenue. In this section, we’ll explore the significance of adding long-term value to your buildings.