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Cavendish Maxwell, the Dubai-based chartered surveying practice and property consultancy operating in the Middle East and Africa, has launched end-to-end property management services for the Oman market, it has been announced.
According to a statement by the firm, the new service line will see the team provide bespoke, strategic property management services while overseeing the financial, leasing, marketing and maintenance aspects of clients’ properties and portfolios.
For a real estate asset to be profitable in the long term, property management strategies and solutions are required to extract value at the various stages of asset ownership, whether it is securing tenants, collecting rents or ensuring upkeep of the property, the statement explained, adding that the new department at Cavendish Maxwell will ensure efficient day-to-day management while working towards achieving the longer-term goals for the property investment.
Furthermore, the team’s remit includes the full spectrum of property management services: lease management covering the complete lease transaction cycle from new tenant contracts to rent reviews; asset-specific financial management including budget planning, reporting and collections; building and facilities management; contract management; tenant management and other services such as life cycle costing and insurance procurement.
The team will also benefit from the support of the project and building consultancy department in the head office in Dubai to provide holistic and tailored solutions to clients, the statement said.
Cavendish Maxwell said the new department will be led by property manager Zak Harper. In his seven years in the Middle East real estate industry, Harper had built an impressive property management portfolio overseeing 330,000 sqm of commercial and residential projects.
He has a strong track record in managing a range of properties for high-net-worth individuals, pension funds and government entities, and firms operating in sectors such as banking, oil and gas, and aviation, said the statement.
Harper will continue to engage with similar client profiles to identify and tap new growth opportunities for the company.
He became an Associate Member of the Royal Institution of Chartered Surveyors (RICS) in 2017 and is currently working towards completing his Assessment of Professional Competence (APC) to become a Chartered Member (MRICS) early next year.
Commenting on the launch, CEO Nigel Armstrong said: “We are thrilled to launch the new service line of property management to our existing strong suite of services available across the GCC. In our 12-year history, we have become known for our superior and personalised services, which has been made possible through our dedication, market knowledge and agility.”
“Through research and industry conversations we have found that Oman displays growing demand for superior property management services. We are confident that our new offering, complete with fresh strategies and the latest technology, will unlock immense value for clients in Oman and help them realise the true potential of their real estate investments,” he concluded.
This article was originally published in ME Construction News
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Accept allCookie preferencesxSarah-Jane Carter
BA (Hons) DipM
Head of Marketing
Sarah-Jane joined Cavendish Maxwell in January 2020 as Head of Marketing and is responsible for the development of the marketing strategy and execution across the Middle East region. An energetic and results driven marketer, Sarah-Jane possesses a wealth of multi-channel marketing experience, within both B2B and B2C environments which she has gained over a 25 year career. Prior to joining Cavendish Maxwell, Sarah-Jane held senior marketing positions for major developers in Dubai including Emaar, Dubai Properties and Dubai Sports City. She also worked for IWG as the Regional Marketing Director responsible for the MEA and APAC regions. Before relocating to the UAE in 2005, Sarah-Jane held various management roles in public and private sector companies in the UK including ten years at Royal Mail and seven years at the Bank of America.
Sarah-Jane is a member of the Chartered Institute of Marketing and has a BA(Hons) Degree in Business and Marketing