Optimize your property management
Our core value is our team. We attract and develop creative and forward-thinking specialists who not only solve the current problems of our clients, but also anticipate possible difficulties and help to eliminate them.
Real Estate Management with ColliersApplying the quality control system to the management process on a daily basis, we provide our clients with the highest quality real estate management services. We are constantly improving our procedures to guarantee our clients the highest rates of return on their investment.
We are constantly collecting data on retailer performance, customer behavior, generating and testing ideas to improve our property management services. We apply all our knowledge in cooperation with clients, offering them our competence, knowledge and insight into the market.
Thus, using our competence and experience, attracting a professional team, providing the highest quality integrated real estate management, we try to do our work as efficiently as possible, increasing the value of our clients' properties.
Associate director | Real Estate Management
Administration of commercial real estate including offices and shopping centers;
Managing on behalf of the owner;
Managing tenants (tenants finding, screening, handling lease agreements, handling complaints/emergencies, handling move outs, dealing wiith evictions);
Responsible for Rent;
Responsible for Maintenance and Repairs;
Responsible for Knowledge of Landlord-Tenant Law;
Responsible for Supervising;
- Preparation and constant update of the tenant mix following the new commercial arrangements with the current occupiers and new leases signed;
- Daily management of the tenants’ relations based on the proper execution of the lease agreements. Solution of daily issues in terms of technical questions;
- Constant efforts on achieving better commercial conditions for the Landlord out of current lease agreements and tenants relations;
- Debt control. Proactive approach for getting outstanding amounts back;
- Prolongation of the lease agreements;
- New arrangements with the current occupiers regarding extension or reduction of the space as well as relocation or refurbishments;
- Management of unit’s handover process;
- Search of the new tenants in order to reduce the vacancy rate and increase the incomes;
- Management of the availability of public information on leasable space a variety of sources (internet, web-page, etc.);
- Negotiations with potential tenants and coordination of new lease signing procedures;
- Reporting with the preliminary agreed frequency (lease changes, debtors list, technical works implemented);
- Inspection of the property in order to make sure that the property at all times has a proper maintenance standard;
- Optimization of operating costs for the facility;
- Organization of tenders for choosing sub-contractors, to provide the following technical and maintenance services;
- As well as other real estate management services for the needs of your commercial objects.
Real estate management services for commercial objects
Effective and professional commercial real estate management is focused on the rational use of commercial objects in order to obtain maximum profit from the basic operations of the objects. Commercial building and building management includes a range of different activities, from determining and monitoring the fulfillment of lease terms and collecting rent from tenants, to reducing facility maintenance costs and maintaining the facility in excellent technical condition. All these and other activities are carried out with the aim of optimizing the use of real estate in the interests of the owner, obtaining constant income.
Progressive management to promote the profitability of objects
Since real estate is one of the most popular investment tools, it is important to adjust all matters of real estate management down to the smallest details so that your commercial property brings the expected profit. Colliers' team of experienced and forward-thinking experts provides commercial real estate management and maintenance services, coordinating day-to-day property management processes and increasing property's profitability. Our specialists provide commercial building management services at a high professional level, using an arsenal of all the necessary tools and practical experience for the management of a specific type of commercial object.
Property Management with Colliers
The primary focus of the Colliers team is the professional management of our clients' commercial real estate. We provide a wide range of building management and administration services, starting from the management of rental processes to the technical administration of buildings. Since the management and operation of commercial real estate is a complex process that requires the involvement of qualified specialists, it is recommended to turn to industry leaders who will successfully implement the management of commercial objects. Contact Colliers to learn more about commercial property management and management services! We also offer reliable real estate valuation and commercial space rental services for the needs of our customers.
Selected Properties Under Management
Type: Shopping Centre
Innovative mix of tenants, that is, unlike anywhere in the Baltics, combining 4 unique segments: Home & décor , Grocery & Daily goods, Sports, Entertainment & Kids
SC Riga Plaza
Type: Shopping Center
Riga Plaza is located just 5km from the Old Town, on the left bank of the River Daugava, with direct access to the Salu Bridge leading to the city center. It is the sixth largest shopping center in Latvia.
Riga Plaza center has capacity for over 170 retail units with a strong mix of national and international anchor tenants and strong entertainment, food and beverage offer, with opportunity to enlarge and modernize the current entertainment areas.
SC Valdeku 39
Type: Shopping center
New shopping center in Riga, Ziepniekkalns, Valdeku Street (near Graudu Street). Shopping center can be easily reached by public transport, bicycles and cars. This is a popular shopping destination for locals.
The concept of the new shopping center is characterized by such keywords as sustainable environmental solutions, safety of the surrounding population and a high-quality and architecturally attractive project in the urban environment.
Type: Office building
The property is located in a great location near a busy street - Brivibas. Two great green parks, Vermanes and Esplanade, are nearby. In the immediate vicinity there is a large selection of cafes/restaurants and shops for every taste. Very easy access by public transport. The main destinations of Riga are within walking distance - Old Riga, Art Nouveau historical district, embassies, railway and bus station, central market.
Type: Office building
The office building is perfectly located on the corner of the busiest streets – Valdemara and Kalpaka street. The building is facing towards the green Kronvalda Park from the north and to the Esplanade park from the west. The property is within walking distance to the main destinations of Riga – Old town, Art Nouveau historical district, embassies, city port, train and bus station, central market. Tenants can easily access such places as National Theatre, Riga Congress Centre, banks, hotels, shopping centers, beauty salons, multiple cafeterias, and restaurants. It is easy accessible by public transport as public transport stops are right next to the building.
Type: Shopping Centre
Shopping center in the greenest neighborhood of Riga. Great location on Biķernieku Street, surrounded by several residential complexes, gas stations. Nearby are shopping centers IKEA, SKY, SAGA. Good public transportation network and access by car as well.
Frequently asked questions
What is real estate management and what is the purpose of this service?
What does commercial property management include?
Commercial real estate management includes the achievement of operational or technical operation and commercial management goals, such as attracting tenants to the object, optimizing operating costs, maintaining the object in excellent technical condition and extending the operating time, opportunities to realize the object with more favorable conditions and other purposes.
What functions does the technical operation of a commercial object include?
The technical operation included in the commercial real estate management process provides for the performance of such functions as work with personnel, organization of security, search for subcontractors and control of work, purchase of materials and equipment, prompt response in case of emergency situations and performance of other work-related tasks.
What is a commercial property?
Commercial real estate is a type of real estate that includes business centers, stores and shopping centers, industrial facilities, hotels, warehouses, as well as plots of land and other types of real estate that are aimed at capital growth, rental income and investment. Commercial real estate management is able to get the most out of the facility, bringing profit to the owner, so choosing knowledgeable and experienced management companies is especially important.
What are the methods of commercial real estate management?
Different directions of commercial real estate management are distinguished, such as, for example, real estate management for profit, management at the design and planning stage of the facility, management of investment assets, management of technical operation of the facility. The larger the commercial object, the more pronounced the need for professional real estate management services.