Service Overview Scope of Report: Property Management • Solution: It includes all the solutions that real estate agents and property managers use to keep track of all the properties they manage and all the maintenance work that needs to be done. It is inclusive of tools and software that support the functionality, safety, and sustainability of buildings, infrastructure, and real estate. It also includes lease management, including lease administration and accounting, capital project planning and management, occupancy and space management, emergency management and business continuity, real estate management, and work order management. These solutions help to maintain the resources while controlling time and costs to ensure the maximum efficiency of the process and related facilities. These solutions can simplify property management by automating workflows with manual input. Also, they reduce human errors and allow property managers to allocate work assignments efficiently to avoid interruptions in service. • Service: Services include all the hard & soft services in property management. Hard Services include mechanical, electrical & plumbing, building maintenance, lift & door maintenance, HVAC maintenance, etc. Soft Services include furniture & equipment, vending machines, pest control etc. © TechSci Research 88
Saudi Arabia Property Management Market 2027 Page 7 Page 9