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Real Estate PartnerProperty management in Vienna & Lower Austria
Entrance hall of a tenement building with marble floor, staircase and letterboxes

Complete management of your building

Tenement buildings (Zinshäuser)

Entrust us with the management of your tenement building. We take care of all matters relating to your property: communication with individuals and institutions as well as the handling of authority matters.

Our 6-pillar principle offers you a comprehensive range of services. If you prefer to manage the property yourself, simply delegate individual tasks to us: we support you with financial and technical matters and with questions on tenancy law.

Your tenement building. Our responsibility.

Tenement building management: our 6-pillar principle

Pillar: General administration
  • Definition of responsibilities between owner and manager
  • Liaison with authorities and contracting parties
  • Representation of the owner under the management contract
  • Monitoring of service providers
  • Conclusion, execution and handling of tenancy agreements
  • Master data management
  • 24-hour emergency line
  • Insurance claims handling
  • Service charge management
  • Heat contracting
  • Contract management
  • Floor-space management
  • Vacancy management
  • Organisation of building caretaking
Pillar: Financial administration
  • Basis of accounting under statutory provisions
  • Handling of payment transactions
  • Management of trust accounts
  • Property-related bookkeeping
  • Data capture and maintenance
  • Monitoring of payment obligations (dunning)
  • Checking of incoming invoices
  • Periodic accounting
  • Service charge accounting
  • Owner statements
  • Main rent statements
  • Loan statements
  • Annual statement of the property's income and expenses for your income tax return
  • Monthly VAT return (UVA) for the managed property: preparation and coordination with your tax adviser
  • Accounting and payment processing
  • Provision of accounting data
Pillar: Legal administration
  • Legal support for the property within the scope of management (tenancy and condominium law)
  • Preparation of court action in coordination with the instructed law firm
  • Deadline monitoring for tenancy relationships
  • Representation before authorities and in proceedings where legally permitted
  • Enforcement of claims against tenants and third parties where legally permitted
  • Rent increases and protection against competition
  • Obligation to operate and subletting
  • Return of the leased property and structural alterations
  • Initiation of forced administration
  • Violations of house rules
  • Violations of the community rules
Pillar: Technical administration
  • Ongoing monitoring of the property
  • Maintenance and renovation measures
  • Repairs
  • Approval procedures under § 18 MRG (renovation)
  • Obtaining quotations
  • Tendering before awarding contracts
  • Preparation of maintenance plans
  • Acceptance of completed work
  • Defect control
  • Commissioning and coordination of specialist contractors
Pillar: Yield optimisation
  • Review of asserted claims
  • Reduction of vacancy periods
  • Adjustment of tenant structure
  • Assessment of renovation costs when tenants vacate
  • Scheduling of upcoming handovers
  • Creditworthiness monitoring
Pillar: Additional services
  • Events at the property (vernissages, events)
  • Removal organisation
  • Catering
  • Negotiations with service companies
  • Security services
  • Organisation of communal TV
  • Telecommunications services
Get in touch

Questions about Tenement buildings (Zinshäuser)? We are happy to advise you personally, without obligation.