News, views and industry trends
Trends in commercial property management to expect in 2024
As 2024 develops, commercial property management continues to evolve, shaped by technological advancements, changing tenant demands and global market shifts. In this fast-paced environment, staying ahead of the curve is crucial for property managers …
What is common area maintenance (CAM) and why should you keep track of it?
Welcome to MRI Software’s exploration of a critical aspect of commercial property management: Common Area Maintenance (CAM). But what is Common Area Maintenance and how does it intersect with real estate expense recoveries? Common area maintenance (C…
How to handle difficult tenants
Dealing with difficult tenants can be one of the most daunting tasks for property managers. From late rent payments to property damage, noise complaints or even legal disputes, the challenges presented by troublesome tenants can disrupt the harmony o…
What is industrial property management and why is it important?
Industrial properties form the backbone of numerous industries, serving as hubs for manufacturing, warehousing, distribution and logistics operations. Managing these assets effectively requires a comprehensive approach tailored to the unique needs an…
What is a space management system and how does it work?
A space management system is a powerful tool used to optimise, organise and maximise the potential of spaces. Whether it’s a bustling office environment, a retail store or an industrial unit, the effective utilisation of space is crucial for pr…
Rental deposits demystified – what, when, how and why?
The deposit is one of the most crucial components of your lease agreement – it provides you with additional security if your tenant decides to put you in a difficult position through property damages, arrear rentals or early cancellation. Luckily, yo…
Clearing the Air! Who’s responsible for mould in a rental property?
One of the most disputed areas of property rentals is the question of who is responsible for mould within the property. Mould can show up in your rental property overnight and the parties to a lease agreement always dispute whose responsibility it is…
7 benefits of property lease management software
Lease management software has emerged as a valuable tool for businesses seeking to streamline their lease management processes. From small enterprises to large corporations, implementing lease management software brings numerous benefits and advantag…