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Private Rental Sector

Client – International Fund
Our role – Property Management & Lettings

Description –  355 Apartments across 4 schemes – initially underlet and vacant

  • Survey & Remediation works
  • Fire stopping rectification works
  • Health and Safety and Environmental review
  • Fit out of all vacant units
  • Lease Remediation of Existing Tenancies to OMRV /Quality Covenants
  • OMC Estate Management – Audit and Operational overhaul
  • Year 1 Gross Rent increased to €5.8m (7.5% increase)
  • Landlord costs €1.3m (7.1% reduction)
  • Net Rents €4.5m

Date of engagement January 2014 – 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