Lodge & Partners expands service portfolio with Property Management
Present on the Hungarian market for the last four years, real estate asset manager and advisor Lodge & Partners (“L&P”) is expanding its activities through the establishment of a Property Management division. The company made the strategic decision to provide such a critical activity under the conviction that, capitalizing on its principal’s experience and relentless desire to outperform, it can further optimize asset operations for building’s owners and occupiers. The 28,000 sqm Népliget Center is the first office building within the company’s portfolio to be operated by L&P Property Management division. According to the Budapest-based company, which also manages commercial real estate assets on behalf of institutional investors, it has become a priority for L&P to carry out this new activity as a logical next step in its growth plan. “The performance of our client’s investments is strongly impacted by the professional and practical execution of property management, which for our tenants results in the full enjoyment of their premises…
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