What We Do

Lettings

Proven track record in achieving maximum rents and the most suitable tenants across all scales of rentals from single units to large scale portfolios.

Unrivalled Residential Know-how

We specialise in the letting and management of single units, apartment blocks and large-scale portfolios, with an expert knowledge base built up over 30 years.

Our comprehensive letting service includes:

  • Initial rent appraisal – EVR analysis
  • Compliance advice on preparing the property for market
  • Securing BER (Building Energy Rating) Certificate
  • Photography & Marketing
  • Access to our data base of professional tenants
  • Accompanied viewings 7 days a week
  • Tenant background and verification
  • Collection of deposit & first month’s rent
  • Tenancy agreement including any special conditions
  • Preparation of inventory
  • Standing order
  • Transfer of utilities
  • Coordination of RTB registration
  • 24/7 Tenant Support
  • Income & Expenditure Reporting & Cash Transfer

Our clients include: Irish & International, Public & Private Investors, Commercial & Residential Landlords, Multi and Single Unit Owners.

Lettings

Case Study

Client – Deloitte /NAMA
Our role – Property Management & Lettings

Description – Tallaght Cross West – 507 Apartments.

  • liaison on Construction and defect rectification
  • Estate Management Documentation and Operational Remediation
  • Developer Handover & Snagging
  • Rebranding & Marketing program
  • Apartment Fit Out program – €3.5m
  • Lettings – 500 Apartments
  • Tenant Mobilisation program
  • 100% occupancy & OMRV achieved at c20 Apartments p.w.
  • Rent Stabilisation €7.9m achieved in 6 months
  • Landlord Investment Sale €97m

Date of engagement – 2015

Case Study

Client – Marathon Asset Management LP
Our role – Property Management & Lettings

Description – – 128 Apartments – Burnell Green & Burnell Court

  • Distressed Asset Remediation, OMRV Rent Stabilisation – 12-month timetable
  • Asset by Asset Conditional Surveys
  • Apartment refurbishments & fit-outs – €275k Capex
  • Lettings, Lease Formalisations, Rent reviews €1.45m to OMRV
  • OMC operational Audit (H&S and Environmental)
  • Building Investment Fund (BIF) Analysis Report
  • Year 1 target rent achieved € 1.82m – 25% increase
  • Annualised Rent Roll €2.1m+

Date of engagement 2014

Case Study

Client – Marathon Asset Management LP
Our role – Property Management & Lettings

Description –. 91 apartments & 3 Coms – Richmond Gardens Fairview

  • Distressed Asset Remediation, OMRV Rent stabilisation – 13-month timetable
  • Strategy Plan for operational compliance & to achieve OMRV
  • Refurbishments – CBA Analysis & Capex €128K – Tenants in situ
  • Latent defeats – fire stopping works – Project Managed
  • Planning and conversion of 3 commercial units to 6 apartments
  • Lettings – Passing Rent €1.18m Reviewed 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

Case Study

Client – Marathon Asset Management LP
Our role – Property Management & Lettings

Description – 101 Apartments – Beachwood Court Stillorgan

  • Distressed Asset Remediation & OMRV Rent Stabilisation – 11-month timeframe
  • Conditional Surveys & Strategy to achieve Compliance & OMRV
  • Apartment Refurbishments – €200k Capex – Tenants in situ
  • Lettings, Lease Formalisation, Rent Reviews to OMRV
  • OMC Audit incl H&S and Environmental – Budget €475K
  • Latent defects – water ingress/ balconies – Resolution Project Managed
  • Year 1 target rent achieved €1.71m – 20% Increase
  • Annualised Rent Roll €2.1m+

Date of engagement 2014

Silverstone House
Ballymoss Road
Sandyford
Dublin 18
D18 A7K7
Ireland

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

PSRA 001885