Increased energy prices have turned service charges into a significant component of housing costs. More and more people consider it a deciding factor when looking for a flat to rent. That is why our dedicated and professional management team makes an effort to keep the operating costs of our properties as low as possible.
Doing so allows us to offer attractive residential accommodation at reasonable prices – and to lower the tenant churn at our rental properties by keeping their residents content.
Investments in the Sustainable Reduction of Ancillary Rental Costs
We put a premium on the close collaboration with the managers of our properties, and constantly analyse the energy market. Using proven and effective measures, we achieve demonstrable cost cuts:
• optimising the energy consumption at our housing estates, and replacing heating systems, windows, façades and sanitary equipment
• periodically reviewing the supply contracts of utility companies for gas, fuel oil, district heating and electricity
• closely reviewing the deliverables and contracts for janitorial, maintenance and cleaning services
• comparing the service charges and yield performance to regional and national benchmarks, and optimising the property management costs