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Private Rental Sector

Client – Private Equity Fund
Our role – Property Management & Lettings

Description – 91 apartments including 3 commercial units

  • Distressed Asset Remediation, OMRV Rent stabilisation – 13 month timetable
  • Strategy Recommendations to achieve operational compliance & OMRV
  • Apartment Refurbishments – CBA Analysis & Programme Management €128K
  • Latent defeats – fire stopping works – Project Management
  • Planning and conversion of 3 commercial units to 6 apartments
  • Passing Rent Reviews €1.18m to OMRV
  • OMC Estate Management Audit– Budget €128K
  • Year 1 target rent achieved € 1.34m – 12% increase
  • Annualised Rent Roll €1.8m

Date of engagement 2015 – ongoing

Private Rental Sector

Case Study

Our experienced PRS Team has unparalleled knowledge of the Irish Residential Property Market. We manage and oversee multiple client investment portfolios, where our involvement may have been initiated at the design and development stage through to site mobilisation to ongoing rent stabilisation and management.

Our Residential monthly rent collection is in excess of €7m.

Our Services include:

  • Project Management – Design and Operational Advice
  • FF&E Specification and Procurement
  • Lettings Strategy & Phased Handovers & Site Mobilisation
  • Marketing – Demographies and Competitor Buildings
  • Property Management & Rent Reviews
  • Facilities & Estate Management
  • Health Safety & Compliance Consultancy
  • Tenant Customer Excellance & Community Engagement
  • Amenities Services
  • Smart Technology – Customer Experience
  • 24/7 Contact Centre
  • B1 Operational and Financial Reporting

Our clients include National and International Clients, Institutional Investors, REITs, QIAIFs, ICAVs &  High Net Worth individuals

Silverstone House
Ballymoss Road
Sandyford
Dublin 18
D18 A7K7
Ireland

Tel +353 1 660 3822
Email enquiries@odrem.ie

PSRA 001885