Japanese Property Glossary
Property Management
Property Management (プロパティマネジメント/PM) involves the comprehensive management of real estate rentals, aiming to maximize property revenue while ensuring reliable service for tenants. Effective management and operations are geared towards enhancing the asset value of the real estate. PM encompasses a diverse range of responsibilities, including tenant recruitment, rent management, lease execution, problem resolution, financial management, and project management. It involves strategic planning for leasing and marketing, maintaining a balance between tenant satisfaction and property profitability.
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