The Problems/Possible Solutions of Managing a High Rise Multi-Tenanted Office Complex in Abuja Metropolis - A case study of the Industrial Training Fund (ITF) house, No 6 Adetokunbo Ademola Crescent, Wuse II, Abuja

Abstract

The effective management of a multi tenanted high rise building structure requires an integration of several processes which do not readily come to the mind of a tenant or even the property owner. My observation and experience in the profession so far has shown that more that eighty percent (80%) of graduates of Estate Management in Nigeria never have the opportunity of managing high rise buildings during their years of professional practice. Property management involves services such as property inspection, rent collection, service charge collection, servicing and maintenance of property and facilities within, drafting agreements for tenancy, selection of worthy/capable tenants, handling of legal matters, overseeing security and maintenance of plant and machinery such as elevators, air conditioners intercom gadgets and generator. A high rise multi-tenanted building is that which is on at least five floors. Tenancy in such structures could either be residential, commercial or both residential and commercial. A multi tenanted high rise office building must be run in such a way as to meet up to business requirements. The anticipated standard of management rendered in such a building within Nigeria’s capital city should be nothing short of top-notch. Management of high rise buildings in multiple occupations poses special problems. This critical analysis examines such problems and proffers solutions.