The profitability of real estate assets is very sensitive to the level of activity carried out in their management. Contrary to the situation with other assets, such as shares, the passive strategy of buy and hold tends not to work well.

Any owner is an investor whether he is conscious of this fact or not. In order to obtain a good return on the investment in real estate assets, it is necessary to manage them actively: search for tenants, negotiate contracts, carry our preventative maintenance and apply the surpluses. In order to develop these activities, one needs to have a certain dimension and knowledge.

FundBox possesses the resources and knowledge necessary to manage funds and indeed also smaller sized personal portfolios. It operates under mandates defined casuistically and with a degree of power delegation deemed to be adequate for the circumstances, all of it in accordance to the specific rules of third party portfolio management.

The activities that can be performed under the scope of these mandates include:

• Conclusion of contracts, in representation of the owners, related to the managed real estate;
• Exercise of the rights arising from the managed assets;
• Application of the surpluses created by the managed assets;
• Regular appraisal, either internal or independent, of the managed assets;
• Reports on the performance of the managed assets;