Management Fees (Service Fees) Of Office For Lease
Management fees (Service fees) – or in some places also known as Management Fee, is usually applied per m2 of office floor space for lease. This fee usually fluctuates at the lowest level from 2 USD/m2 or more, in some high-class office buildings, this fee can be up to 8 USD/m2 and significantly affects the cost of office rental. What services do the management fees (service fees) include? Basically, the service fee is used to pay for the renovation activities to renew the building’s architecture as well as the interior. At the same time, the service fee is also used for periodic maintenance as well as upgrading the electrical equipment inside the house, namely the electrical system, central air conditioning system, elevators, freight elevators. , CCTV camera system… In addition, the service fee is also used to maintain the building’s public services such as: Reception service and concierge service at the main lobby of the building. Security services, parking, building manageme...