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.