Property Knowledge
You Can Trust
Better decisions come from better information. Explore the fundamentals of commercial properties, leasing structures, and professional management — and discover how REM ensures value protection, risk management, and operational excellence.
Commercial Real Estate
What Is Commercial Real Estate?
Property used exclusively for income-generating business purposes. This category includes:
- Retail centres
- Office buildings
- Business parks
- Industrial warehouses & logistics infrastructure
- Restaurants, cafés & hospitality
- Healthcare facilities
Commercial assets support business activity — providing important economic hubs while offering rental returns and appreciation potential for investors.
CRE Classification
Primary Property Classes
- Office
- Industrial
- Retail
Office Building Grades
- P-Grade: Landmark quality, modern, premium facilities
- A-Grade: High-quality finishes, excellent location
- B-Grade: Well-maintained, efficient, competitively priced
Why Commercial Matters
CRE provides:
- Predictable revenue streams
- Strong tenant relationships
- Long-term wealth creation
Landlords & Leases
The Landlord’s Role
Landlords own and lease property to generate revenue while maintaining and protecting the asset.
They may own:
- Vacant land for future development
- Residential rental units
- Commercial, industrial or mixed-use buildings
Leases: The Foundation of Revenue Protection
Well-structured leases define:
- Rental expectations
- Maintenance responsibilities
- Legal compliance and rights
- Renewal conditions
Common Lease Types
| Lease Type | Tenant Covers | Landlord Covers |
|---|---|---|
|
Nett |
Rent + rates & amenities |
Insurance + maintenance |
|
Double-Nett |
Rent + rates + insurance |
Maintenance |
|
Triple-Nett |
Taxes + insurance + maintenance |
Capital elements |
|
Gross Lease |
Rent only |
Operational expenses |
Property Management
Optimising Property Performance
Property management ensures that day-to-day operations enhance the value of the asset, support tenants, and safeguard revenue.
CORE FUNCTIONS
Operational
- Routine inspections
- Maintenance planning & supervision
- Service provider management (security, cleaning, landscaping, waste, hygiene, pest control)
- Access control & CCTV systems
Financial
- Rental collection and arrears resolution
- Budget planning
- Cost recoveries
- Supplier payments
- Variance reporting
Compliance & Risk
- Lease administration & renewals
- Structural and HSSE audits
- Fire & life safety systems
- Warranty and guarantee oversight
- Regulatory adherence
Who Needs Property Management?
Owners who:
- Prefer passive income
- Want to scale their property portfolio
- Wish to avoid daily operational duties
- Need expert support with compliance and oversight
VALUE OUTCOMES
- Asset protection
- Tenant stability
- Return maximisation