Maintaining a healthy Occupancy rate is one of the key agendas for real estate developers and property management firms. It is the ratio of rented or used space to the total amount of available space. The occupancy rate has a direct impact on the revenues and reputation of the real estate developers as well as the property management firms. A healthy occupancy rate signifies residents are satisfied with the services and would like to stay in the Residential / Commercial community for longer and will recommend it to others.
Here is the live case of how Kaizen AMS – (a top property management firm in Dubai) maintained a 100% Occupancy rate at a one-of-its-managed community.
The demand for energy is rising at an exponential pace globally. This creates an urge to conserve energy to cope with demand. The monumental growth achieved by Dubai in the last two decades has also resulted in a colossal increase in the demand for energy with its world-class skyscrapers accounting for approximately 80% of the electricity. Being an environmental-friendly firm, Kaizen AMS deploys advanced technologies and implements best energy conservation practices in its 120+ managed communities across the UAE.
This Case study is a live case of the measures taken by Kaizen AMS at its managed communities to reduce energy consumption and carbon emissions to contribute toward UAE’s ambitious ‘Net-Zero by 2050 Strategic Initiative’.
Hiring an asset management company to manage a master community has several advantages. Asset management firms play a key role in better management of the master community, ensuring residents are satisfied and the community is well managed at minimal operational cost. However, in this journey, the decision-makers always have a doubt whether they should hire a single asset management company to manage the master community or multiple asset management firms.
This case study sheds light on the problems that arise when multiple asset management firms manage a master community and how hiring a single asset management firm is in the best interest of both residents and the developers.
It is a common belief among several real estate developers that they will be able to cut down on the cost of operations if they manage the community on their own and don’t hire an Owners’ association (OA) firm. However, this is not true. It often results in a higher cost of operations, a decline in the quality of services, increase in resident dissatisfaction, increases in tenant turnover, a lower occupancy rate, and above all decline in the reputation of the developer in the industry.
This case study sheds light on how Kaizen AMS as an OA firm was able to reduce the overall cost of operations while maintaining the utmost resident satisfaction and safety for one of the top real estate developers in Dubai.
Data security is the most critical issue which determines the survival of an organization. Revenues, reputations, and customer’s trust earned through years of hard work and dedication is at stake with one security breach. As per the KPMG survey titled -‘UAE Covid-19 cybercrime survey 2020’, 83% of organizations surveyed in the UAE stated that they have experienced a 50% increase in phishing scams, 46% increase in email spamming, and 38% increase in online scams. Thus, it is of paramount importance to ensure the utmost safety of the data.
The competition in the UAE real estate industry is mounting every day. This is creating an urge to implement unconventional technology to build agile processes with swift communication, offer a faster resolution of resident’s issues, reduce the wait time and offer 24×7 personalized support services to ensure utmost resident’s satisfaction.
Here is a live case of how Kaizen AMS – the first tech-enabled property management firm in Dubai, has leveraged its innovative technology features developed in-house to take the resident’s experience at its managed communities at an all-new level.
A successful handover process is the foundation of utmost tenant satisfaction. It has a profound impact in driving the occupancy rate, revenues, and reputation of the developer. However, many of them have a hard time making it smoother for the tenants. Here are the highlights of a successful handover process completed by Kaizen AMS which has led to the timely possession of a property for owners with on-time collection of final payments and admin fee.
Maintaining a consistent occupancy rate, managing higher operational costs, and keeping the rents lower without comprising on the tenant retention are some of the most pressing challenges faced by the corporate sector.
Let’s take a look at how Kaizen AMS strategy worked as a win-win situation for one of its prestigious clients in reducing OPEX and boosting occupancy rate without curtailing rent.
Transforming a commercial building with the use of IoT sensors, actionable real-time data can provide Property Management Team with required insights to aid decision-making on matters like preventive maintenance and resource usage.
A comparative study conducted on energy consumption in one of the residential buildings of KAIZEN’s portfolio, to assess electricity and cooling consumption depending on technological processes, along with professional data compilation methods. The challenges were huge but the findings were fascinating.