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A key step in this process is streamlining routine tasks such as renting. This frees up valuable time and resources that can be devoted to more strategic initiatives. Furthermore, investing a robust customer relationship management (CRM) system can help cultivate lasting relationships with tenants and enable communication.
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A well-defined asset management strategy involves a broad approach that addresses key aspects, such as asset {valuation, leasing strategies, tenant retention, operating budgeting, and exposure mitigation.
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