Discuss practical steps that a proactive property manager

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Reference no: EM133295698 , Length: Words Count:300

Assignment:

You are the property manager for a portfolio of commercial properties.

You work on behalf of a wealthy overseas family who owns the properties. One of the properties is an office building with a Green Star 5 star rating and NABERS NZ 6 star rating.

You recently leased the building to a tenant, Modern Finance Limited, using an unmodified ADLS Deed of Lease. You inspected the offices earlier today and noticed the tenant has unexpectedly removed the interior (carpet, ceilings, some building systems} and installed a huge cryptoourrency mining system throughout the building. The building was warm as the system was clearly using large amounts of electricity.

Identify the key risks for this situation and discuss practical steps that a proactive property manager could have taken to mitigate these risks.

Maximum word count: 300 words.

Reference no: EM133295698

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