Striving for 100% resident satisfaction is a key goal for operators, but it’s not always possible. There are many factors that influence how happy residents are in your development such as: Staff professionalism The quality of apartments and amenities Rental rates If you receive complaints from residents, resolving issues in a quick … [Read more...]
Facilities Management Budget Planning for 2022
2021 has come to an end, and now it’s time to think ahead for the New Year. For BTR and PBSA operators, that means arranging your facilities management budget plans for the next 12 months. However, the BTR market in the UK is still young, so even the best operators can’t pinpoint where all the best savings are yet. And while the PBSA sector is … [Read more...]
Residential Building Amenities That Can be Improved with Proptech
Residential building amenities are the key to successfully selling your development to potential tenants. BTR and PBSA continues to grow in popularity, as they create a life of convenience for residents while providing additional benefits that can’t be experienced living anywhere else. But there’s always room for improvement. Technology has … [Read more...]
How Ancillary Income Boosts Your Residential Building’s Revenue
If there’s one thing every company wants to see more of, it’s profits. A healthy profit margin is good sign that the business is: Meeting the demands of its target market Operating efficiently In the residential sector, BTR and PBSA properties could be making significantly more revenue through ancillary income. The US market tapped … [Read more...]
The Essential Building Handover Checklist
The first few days of operating a residential development are crucial to success. If you start on the right foot, making sure every aspect of your building has gone through quality assurance and can be well-maintained, you create a more efficient environment — both financially and in terms of property maintenance. To ensure your development is … [Read more...]