Developer launches property management division
Investment and development company Key Land Capital has launched a property management division.
Key Spaces has immediately taken over the management of two large office buildings at Fazeley House, in Rocky Lane, and Block 4, Aston Cross Business Village, Birmingham.
Key Spaces director Marie Livesey said: “The launch of Key Spaces is an exciting development in the growth of Key Land Capital.
“Having worked closely with developers and property owners for a number of years, our team knows what it takes to source, build and manage new property developments. We have experience of solving problems for developers and working with them to maximise their assets and get the best possible return on their investment.
“We are experts in both the legal and compliance requirements for commercial buildings and, through our bespoke in-house technology, we can quickly register any issues.”
Key Spaces has partnered with commercial and residential end-to-end property management system Re-Leased.
Livesey added: “We already have several assets under management and we have an ambitious growth strategy. We can supply a highly efficient service for clients, supported by our partnership with Re-Leased. The system is very easy to use and allows us to view all the financials and activity on each property through the landlord portal, meaning we can work smarter by streamlining our processes.”
Managing director Kevin Sharkey said the division will focus on delivering a new flexible service which suits the requirements of occupiers in the post Covid era.
“The new division and the system we have adopted allows us to offer a much more affordable alternative to city centre offices, providing flexible working space, which fits with new hub and spoke office models. A fully-serviced, bespoke turnkey office environment will be created at our properties, offering lease flexibility and fixed, all-inclusive costs.
“With no upfront capital expenditure, occupation periods from six weeks, and simple short form leases, it allows firms to hedge against headcount fluctuation.”
