The Commercial Property Management industry has been slow to recover from its 2008-09 revenue plunge, brought on by the global financial crisis. However, industry growth has been slow over the five years through 2014-15 due to poor rental income in downstream markets. Commercial property managers generate commissions from rental income derived by property operators. Therefore, any decline in rental income ultimately leads to lower commission revenue. The industry services retail, industrial and office property.
Firms in this industry manage commercial real estate on behalf of their clients. Property management responsibilities include tenant management and rent collection. Firms may also help manage a property's accounting, but operations relating to the transaction of properties or real estate investments are not included in the industry.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.