Standardizing the services of management companies has been a topic of discussion for some time now at professional conferences and forums and in the specialized mass media. However, the issue has been spinning in its tracks, with the likely culprits being a young management market, demand dominating supply and the lack of a legal foundation. […]

Experts agree that the future of the commercial real estate market belongs to management companies, as the strategies implemented to manage a facility directly determine its profitability. Not wanting to fall behind, regions in the Urals have established a management company market for both major national projects and regional authorities. However, as of now, a […]

Over time, the cost of operating a real estate facility can become comparable to the very cost of the building’s construction. As a result, there is a widespread discussion currently running among experts and operators concerning ways to optimize expenditures. CRE has decided to jump into the ring to discuss this topic. With the assistance […]

In the world of Russian commerical real estate, a management company is a strange and misunderstood concept, as it contradicts the prevailing view that one should keep “one’s own shirt nearest to one’s skin.” Many still believe that a property should be managed by its owner and no one else. However, leading players in the […]

Trusting relationships between owners and management companies on the retail real estate management market are very rare occurrences. Indeed, the overwhelming majority of owners maintain their own facilities independently. On one hand, the complete lack of an outsourcing culture in Russia is to blame; but, on the other hand, it would not be fair to […]

Ever since the real estate market started to formulate quality standards for management services, the question of training staff has become particularly critical in this sphere. At the moment nearly all companies working in real estate management lack qualified specialists. How can this hunger for personnel be satiated? Currently, it is more often than not […]

Some property owners believe that the services of a professional management company are unjustifiably expensive. Viewing the management company as merely a middleman between themselves and various, more specialized service providers, owners do not always understand what the fee for a management company covers, not seeing the relationship between the amount asked for and the […]

Several years ago the concept of “real estate management” in the regions was non-existent. Any reasonably capable specialist from the local communal services authority was considered capable of the task and professional management did not come into question. Moreover, inviting a professional management company to run a dilapidated building is equivalent to buying an expensive […]

It’s no secret that management companies represent the interests of a building’s ownership. They are hired to do everything in their power to ensure that a piece of real estate brings a steady profit to its owners for many years. On the other hand, the tenants are the project’s source of income, and much depends […]

Although the hospitality business in the Urals region is gathering momentum, and international chains are entering the market, the stated level of hotels often does not conform to the quality of services rendered. Everywhere can you see “homemade” stars on facades and never receive the quality expected. Sometimes a hotel is “promoted” to a star […]