01.
Background
Feldus was commissioned by an open-ended real estate special fund to assume interim asset management responsibilities for a residential portfolio comprising 250 units. The primary focus was on leasing.
02.
Approach
A comprehensive strategy was developed to increase visibility and achieve product differentiation from a competing offering at a significantly lower rental level in the immediate vicinity. Special emphasis was placed on creating a user-friendly project website, setting up show suites, and closely coordinating with property management and brokers.
03.
Outcome
Full lease-up was achieved at business plan rent levels despite a challenging market environment. Regular updates were presented in investment committee meetings.
