Prosper Group believes commercial property management is the key aspect to successful property investing. It most certainly is not a medial task born by the desire to invest in property.

The long term performance of an investment asset/property is as reliant on your commercial property manager as it is on the upfront purchase price. At Prosper Group we understand that commercial properties require careful management by an experienced management team in order to deliver reliable rental income and continued asset growth.

Whilst Prosper Group has the capabilities, it is not our objective to provide our commercial property management service to Property Real Estate Investment Trusts (REITS) or Institutions. Instead Prosper Group have tailored their Asset Management service towards Individuals, Family Offices, Associations and private businesses with property holdings.  We understand the level of detail and communication expected from these owners and this is what we deliver.

Our Asset Management team is highly experienced with prior employment within some of Australia’s largest property REITS, Institutions and Agencies. Our extensive portfolio within NSW and QLD includes; Shopping centres, Retail properties, Commercial buildings, Industrial and Medical Centres.

Prosper Group’s Asset Management’s key point of difference is our approach with our clients and tenants. Our level of experience, point of difference and personalised approach leads to more communication and advice, rather than simply providing a report at the end of each month. For our land lords this provides the confidence that their property and tenants are in good care.

Our service includes:

  • Rent collection
  • Tenant management
  • Lease administration and compliance
  • Management of trade contractors
  • Financial management, including payment of all invoices and financial year budgets and reconciliation
  • Capital expenditure advice and management
  • Management and strategic advice WALE maximisation
  • Strategic advice for tenant retention
  • Strategic advice to improving income and maximising value
  • Facilities Management
  • Co-ordination and management of leasing agents
  • Lease negotiation and tenant approvals

Our focus on enhanced value and good tenant relationships means your returns are maximized and your investment is secure.

View a selection of our Asset Management Portfolio

Commercial Asset Management TESTIMONIALS

Prosper Group secure and manage CWA’s new State Office

The Country Women’s Association of New South Wales formed a relationship with Prosper Group in 2013 to assist with its future accommodation strategy. This included the sale of its long held premises in Potts Point and the subsequent search and purchase of a new property.

The Prosper team provided valuable advice to the Property Sub-Committee over the process and their knowledge and insight into the market was second to none. They were very professional in their approach and at times went out of their way to provide additional assistance.

Subsequent to the purchase of our new State office, we then engaged Prosper to source a residential investment property. Again their expertise and professionalism ensured an excellent outcome for our organisation.

In addition, we are now utilising Prosper’s Commercial Property Asset Management services to manage our newly acquired site.

We would not hesitate to recommend Prosper Group to our business associates.

Donna Wilkins
Executive Officer - Country Women's Association of NSW

Confidence and peace-of-mind from professional service

“I am happy to recommend Prosper Group to anyone with a commercial property investment. I have confidence knowing my property is being managed by professionals who understand the property market and the importance of the return on investment. Further, in my experience it’s obvious that Prosper Group handle all matters in a timely manner, meaning there are never any loose ends.

More recently I had peace of mind knowing that a market rental review was being handled by people with knowledge of recent leasing activity and local market trends. The rental negotiations were undertaken over a number of months and as I’m running my own businesses, I don’t have the necessary time to dedicate to such an important task. This was handled smoothly by Prosper Group and they kept me informed throughout the entire process”.

S Chan
Artarmon, NSW

Business Executive makes more money using Prosper Group Asset Management

“The complexities of commercial property investment and the importance of managing properties like a business made it an easy decision to engage a professional Property Manager.

Prosper Group were introduced to me by my stockbroker. I chose them over others as their service is tailored towards the financial performance of the property and creating equity within, as well as taking care of the day to day management activities.

Currently Prosper Group are in the initial stages of negotiations with my existing tenant to sign a new five year lease at an increased rate. In return, we will further develop the property to provide a greater net lettable area. If terms are agreed, this should provide a great return on my initial investment.

The Prosper Group team provides a professional and experienced service. I look forward to expanding our professional relationship and will continue to recommend their services to other investors”.

Noor Crookshanks
Executive Management - Mining Industry

Commercial Property Trust gets 50% added value on their property

“Owning several properties means BSA Property Trust fully appreciates the importance of a good Property Manager. Prosper Group’s Asset Management service is about improving the financial performance of our commercial property. In our case they truly exceeded our expectations.

Prosper Group has been very active with our Brisbane commercial property investments. By maintaining close contact with the tenant they received an early indication that the tenant was planning to vacate the property at the end of their term.

Prosper Group immediately performed a market analysis, determining the appropriate market rental rates and terms on which a new tenant could be secured.

By the time the existing tenant had vacated a new prominent tenant had been located and terms agreed to – including a five year term and a net rental rate of $43 per sqm more than the previous tenant was paying.

Throughout the process, Prosper Group consistently updated us and arranged the whole leasing process.

They had improved the cash flow to a net yield above 10.5% and increased the value of the property by approximately 50%.

It is with confidence that I can say Prosper Group will be engaged to manage further commercial properties as we acquire them throughout NSW and QLD”.

BSA Property Trust