Spencer Property Asset Management
Spencer Property Asset Management offers a full range of services
across the property asset management function and provides all
property investors with independent specialist advice, consultancy
letting and management services in the particular niche of commercial and industrial property.
The company’s multi-disciplined team has extensive experience
throughout the commercial property sector and has a proven track record as evidenced by the growth in asset value of the Spencer group of companies property holdings.
Our attitude to property management is based on two important beliefs. First, with both acquisition and on-going management we are always looking at the potential to improve the asset, rather than merely maintaining the status quo. As a minimum, maintenance of income and asset value must be achieved, but our successful track record has been obtained by maximising the physical and financial potential of each asset, achieving gains in value over the longer term.
Secondly we adopt a direct, hands-on approach to management and maintain close contact with tenants. Our philosophy is that the landlord and tenant relationship is of paramount importance and the key to improving long-term returns and value.
We recognise that different investors have different portfolio objectives and, in providing services, we look to understand each investor’s specific needs and align the services provided accordingly.
Our sole aim, when providing services, is to ensure each investor’s individual strategy realises its full potential.
A well structured and efficient property asset management service maximises the income and profitability of every commercial property portfolio.
Whether on a single property or portfolio wide basis, we can advise on the correct strategy to maximise income and capital returns and all aspects of property management are covered, including:
- Rent Reviews & Lease Renewals
- Monitoring of Landlord and Tenant obligations
- Appointing and co-coordinating all other external consultants as necessary
- Insurance valuations and management of insurance policies
- Service charge calculation and reconciliation
- Rent and service charge collections, utilising the latest property management software
- Supervision of all debt litigation matters
- Service Charge administration including supplier and utility payment within agreed budget limits
- Planned maintenance
- Provision of regular and comprehensive client reports detailing asset performance
