There are 1 Companies in Ethiopia
that provide Commercial Property Management Services!

Ethiopia is more known for its safari, national parks, and UNESCO heritage sites. Also, in Ethiopia people are coming more for observing wildlife and lions in their natural habitat - so far, nothing about the IT sector. But it’s no surprise, since the World Bank ranked Ethiopia 141/190 in the ease of doing business, and this may look somehow intimidating both for investors and for potentially interested clients of IT companies. Now, in 2020 when you have the whole of Europe, the Americas, and Asia, almost no one would choose an African country for digital services. 

With all these, Ethiopia made huge progress in the digital sector, and local companies are providing non-financial aid to interested investors in their IT sector. Consulting, co-working spaces with views to safari, and mentoring are only a few of the services you can benefit from in Ethiopia. Also, in the context of Covid-19, the country entered the Green Zone, with around 10 cases in the entire country. 

Why you should work with Ethiopian IT companies

So, obviously, you will not find in Ethiopia a well-developed IT infrastructure and the industry overall. However, you may find in Ethiopia a friendly ecosystem that will help you develop the industry, and this may be very rewarding. 

Not so many Ethiopians IT companies are present on the local market, and the ones that exist are doing BPO and working for foreign customers from their operational centers located across the country. It’s a strategic location and a friendly business environment can make the country for many a great place where you can combine business with a vacation. 

There are no specific restrictions and things that you should know about Ethiopia when visiting it, except that you can enjoy your time and do the work you planned to do. 

What to pay attention to when working with Ethiopian IT companies

On the other hand, there are specific risks one may be exposed to in Ethiopia. The undeveloped IT industry, language barriers, and inexperienced developers and project managers can be a headache if Ethiopian IT companies were chosen as partners in a digital project. These risk factors come in contrast with the benefits the country has to offer, so taking a decision in this direction is an important step. 

How reliable are Ethiopian IT companies

You can’t really tell if Ethiopian IT companies are reliable or not. Simply because the local digital agencies didn’t take a chance to make a name for themselves on the international market - the country has a chance now to attract investors, create businesses that provide decent service quality, and start developing the country IT sector to a certain level. 

How the Ethiopian IT sector relates to the neighboring countries

In the region, there are countries that perform better and lower than Ethiopia. Even though the development levels of the IT sector are not comparable between Ethiopia and its neighboring countries, Kenya and Congo have managed to become the hosts of some international IT companies, but that’s probably because of the location rather than because of development. On the other hand, Uganda, Rwanda, and Burundi – the other neighboring countries, are far from implementing digitalization at the level Ethiopia is today.  Another thing that worth mentioning is that the main investor in East Africa is China and its companies. Probably, this will help the countries to develop at least in some fields which are more essential than IT. 

Commercial real estate ownership and investment can be quite rewarding. On the other hand, managing your property can be time-consuming and emotionally draining. That’s where commercial property management services come into play.

Commercial Property Management specializes in managing and maintaining commercial properties such as office buildings, retail spaces, industrial complexes, and mixed-use developments. 

This service is aimed at property owners that get expert assistance in handling various aspects of property management, allowing them to maximize the value of their investments while minimizing their day-to-day responsibilities regarding their properties. 

So let's note what a commercial property management company does:

1. Handle day-to-day operations
2. Maintains Calls
3. Communicate with the tenant
4. Inspect the issue
5. Identify the best way to handle it
6. Coordinate the repair
7. Keep track of your expenses

A good property management company will take on all of that responsibility on your behalf.

Property inspections

Your manager will visit your property regularly to keep an eye on everything.

Rent Collection

Collecting rent can be sometimes awkward, but your property manager will help you, by automating rent collection and deposits right into your bank account.

Financial reporting

A property management company provides detailed financial reports, including income statements, balance sheets, and cash flow statements, enabling property owners to make informed decisions about their investments.

Marketing and leasing

Attracting and retaining tenants is a critical aspect of commercial property management. Property management professionals develop marketing strategies, advertise vacant spaces, conduct property tours, and negotiate lease terms, helping property owners secure reliable tenants and optimize occupancy rates.

Commercial property management services have been in high demand for several years and continue to grow.

The process of choosing the right commercial property management company could be challenging, however, it will result in a significant decision that can greatly impact the success of your investment. 

Here are several factors that should be considered when choosing a commercial property management company:

• Firstly, it's important to assess their experience and expertise in managing properties similar to yours.
• Look for a company with a proven track record and a solid reputation in the industry.
• Check for any certifications or affiliations with professional organizations, as this can demonstrate their commitment to maintaining high standards.
• Additionally, consider the range of services they offer and whether they align with your specific needs
• Review their fee structure and compare it with other companies to ensure it aligns with your budget and provides good value for money
• Furthermore, take the time to read reviews or seek recommendations from other property owners who have used their services. This can provide insights into their level of professionalism, responsiveness, and overall customer satisfaction.

By considering their experience, services, reputation, and fees, you can make an informed choice that will help you maximize the value of your commercial property while minimizing the stress and effort involved in managing it.

There are more than 92 companies on our platform that offer a wide variety of commercial property management services. Explore their detailed profiles, and client reviews, and feel free to get in touch with them.

We’ve created also a powerful filter that you can use to narrow down the results based on your requirements and shortlist the companies. 

Alternatively, you can submit your project and our team will select and send you the best matching companies in about 1 hour. It’s free of charge.