Flintholm Company House

Flintholm Company House is a major office property in Copenhagen and is owned by PKA. The property was built in 2012 and holds about 21,000 m2 rented office spaces and 3,000 m2 store leases spread over a total of 18 leases.

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PKA Properties I/S

Situation

PKA had need for outsourcing of the administration and operation of the property. PKA have more than 200 properties in their portfolio and it is therefore an important criterion, that they can get a comprehensive administrative and operational monitoring and optimizing of their investment. In addition PKA wanted to be able to follow the property's economic development. 

Adminstration Operation and maintenance Building consultancy

Solution

DEAS has been involved right from the start, i.e. already as technical advisor in the construction phase and beyond to the administration and operation of the property. Our experienced managers and operating staff takes care of all administrative, accounting and operational tasks. At the same time, they ensure that all legal requirements will be complied with. 

It is important for the DEAS, that our managers and operational staff has an in-depth knowledge of the property. That is why we have always a real property manager and operations manager associated with each property and we make sure that they on a daily basis are in contact with the tenants and owners. 

All management agreements are tailored to the individual property. Management agreement for Flintholm Company House includes, i.a.:

  • Rental charges
  • Rent adjustments
  • Invoice processing
  • Consumer accounts
  • Budget to the owners
  • Processing collection letters
  • Participation in tenant Committee meetings
  • 10 year maintenance plans
  • Assessment of insurance and service conditions
  • Mapping of rent levels in relation to the market level
  • Idling and arrears report per month
  • Quarterly Economics reporting

In addition to the administration and operation of the property DEAS ' staff delivers for both multi-user property's reception and canteen and janitor service in the form of DEAS Facility Services. 

Result

Flintholm Company House is administrated and operated efficiently with daily contact to the tenants and with a maximized tenant potential. PKA have the full overview of economic developments via our quarterly reporting. 

 

Contact

David Green

Key Account Manager
Key Accounts
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