The Ultimate Guide to Property Operations & Maintenance

by Logan Anderson
Director, Strategy & Growth
Updated 19 August 2025

 

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Key Takeaways

  • Proactive, preventive and predictive maintenance strategies are proven to reduce costs, extend asset life, and maximize returns (BOMA, 2024).

  • Digital work order management is essential for efficient, accountable operations and strong tenant satisfaction (WorkTrek, 2024).

  • Strategic property vendor & contractor management mitigates risk and ensures quality through robust onboarding and ongoing performance review (VendorPM, 2024).

  • Asset tracking, lifecycle analysis, and energy efficiency upgrades unlock hidden value and drive sustainability (WattLogic, 2024).

  • Tech adoption empowers you to automate, optimise, and future-proof your operations in a rapidly changing market (Beam.AI, 2024).

Introduction to Property Operations & Maintenance (POM)

In today’s fast-evolving commercial real estate landscape, POM has become a strategic lever for value creation, risk management, and tenant satisfaction. Whether you’re a landlord maximising NOI or a property manager juggling hundreds of daily tasks, the right approach to maintenance, work order management, vendor relationships, and technology can mean the difference between thriving assets and unnecessary headaches.

This guide is your go-to playbook—distilling proven strategies, cutting-edge tech, and actionable frameworks to help you level up every aspect of your property operations. We also point you towards a number of deeper investigations of specific topics and provide you with tools that you can put to work today.

We've broken down this guide into five main pillars:

  1. Maintenance Planning & Execution – Proactive, data-driven strategies that reduce risk, lower costs, and extend asset life.

  2. Work Order Management – Streamlined systems that improve efficiency, transparency, and tenant experience.

  3. Vendor & Contractor Management – Building a high-performing vendor ecosystem for quality, compliance, and partnership.

  4. Asset & Facility Management – Maximising value through robust tracking, lifecycle planning, and energy efficiency.

  5. Technology & Automation – Leveraging AI, IoT, and modern property systems to future-proof operations and free up time for high-value work.

This guide aligns with standards from BOMA and IFMA for best-in-class property operations.

Maintenance Planning & Execution: Strategies That Drive Value

Why Maintenance Strategy Matters

Maintenance isn’t just about fixing what’s broken. It’s about protecting asset value, minimising risk, and creating competitive advantage. Well-executed property maintenance programs deliver an average ROI exceeding 545% (BOMA Maintenance & Replacement Cost Database, 2024), while properties with poor maintenance can face costs up to 30% higher than optimised facilities (IFMA O&M Benchmark Report, 2024). The key is shifting from reactive mindsets to proactive and predictive strategies.

Preventive vs. Reactive vs. Predictive Maintenance

Strategy

Approach

Cost Impact

Reliability

Pros

Cons

Reactive

Fix issues after failure

High, unpredictable; 25-30% over optimised

Low

Low upfront effort

Frequent breakdowns, high risk, poor documentation

Preventive

Scheduled, routine upkeep

30% lower than reactive; up to 545% ROI

High

Reduces failures, extends asset life

Needs planning, initial investment

Predictive

Data-driven, condition-based

Lowest long-term; 20-30% reduction

Very high

Minimizes downtime, maximizes efficiency

Requires sensors, analytics, and training


Preventive maintenance
is your foundation—scheduled tasks that keep systems running and prevent costly surprises. Predictive maintenance takes it up a notch by using sensors and analytics to pinpoint issues before they cause disruption, slashing emergency repairs and downtime (ProptechOS, 2024). These approaches are proven to reduce costs and improve efficiency in commercial properties, freeing up budget for value-adding projects and enhancing tenant experience.

For a deeper dive into the topic: Preventive vs. Reactive Maintenance

 

Seasonal & Annual Maintenance Planning

Effective maintenance planning is cyclical. A robust plan anticipates seasonal peaks—prepping heating in fall, monitoring HVAC in summer, and inspecting roofs and gutters before the rainy season (WorkTrek, 2024). Here’s a sample seasonal calendar:

  • Spring: HVAC tune-ups, drainage checks, exterior cleaning.

  • Summer: AC system optimization, energy audits, landscaping.

  • Fall: Heating system prep, weatherproofing, roof/gutter inspection.

  • Winter: Pipe insulation, emergency plans, snow/ice management.

Annual maintenance should bundle deep inspections, lifecycle assessments, and capital planning. This proactive model keeps your property compliant, efficient, and attractive to tenants.

Maintenance Checklists & Tools

Standardised checklists ensure consistency and compliance. With these daily, weekly, monthly, and annual tasks are documented, not forgotten.


Leverage our free and customisable Property Maintenance Checklists for scaling best practice across multi-site portfolios.

Work Order Management: Streamline Every Request

The Role of Work Order Management in Operational Excellence

Work order management is the heartbeat of property operations. Every service request, inspection, and repair flows through this system. When done right, it brings clarity, accountability, and speed to your operations. When neglected, it breeds confusion, delays, and tenant frustration.

Digital Transformation: From Paper to Automated Platforms

The shift from spreadsheets and paper logs to modern digital work order management platforms is a game changer. Today’s solutions offer:

  • Centralised request capture (from tenants, staff, or IoT alerts)

  • Automatic assignment and escalation based on urgency, skill, or location

  • Real-time status tracking with notifications for all stakeholders

  • Mobile field apps for technicians—access work orders, upload photos, complete jobs onsite

  • Comprehensive reporting and analytics for continuous improvement

 

For a deeper dive into modern work order systems you can inspect our guide here: Why Digital Work Order Systems: Features, ROI, Security

 


Maintenance

 

Best Practices & KPIs

Key Work Order KPIs for Property Managers

KPI

What It Measures

Target / Best Practice

Average Response Time

Speed from request to action

Under 24 hours for non-urgent, under 2 hours for urgent

First-Time Fix Rate

Jobs resolved without repeat visits

80%+

Tenant Satisfaction

Feedback on completed jobs

90%+ positive

Overdue Work Orders

Jobs not completed on time

<5% of total


Tracking these KPIs helps property managers identify bottlenecks, allocate resources, and demonstrate value to owners (WorkTrek, 2024).

Mobile and Real-Time Field Operations

Mobile-enabled work order management isn’t just a nice-to-have—it’s a necessity for fast, accountable service. Technicians can access instructions, upload photos, and close out work onsite, while managers get real-time visibility. This not only improves efficiency but also documents compliance and supports faster invoicing and tenant communication.

Vendor & Contractor Management: Building Partnerships That Last

Sourcing, Onboarding, and Credentialing

Quality property vendor & contractor management is foundational to risk reduction, compliance, and delivering great tenant experiences. Start strong with a robust process:

  1. Sourcing: Prioritise vendors with proven commercial experience, financial stability, and positive client references (BAF Corp, 2024).

  2. Credentialing: Verify licenses, certifications, and insurance coverage—this protects you and keeps your operation compliant (SRESAZ, 2024).

  3. Onboarding: Standardise documentation, safety training, and communication protocols—for consistent, reliable service across your portfolio.

 

Compliance, Quality Assurance, and Risk Management

  • Automate credential tracking—get alerts when insurance or licenses expire.

  • Set clear performance SLAs (response times, quality standards, reporting).

  • Regularly audit compliance and document site safety practices. Reference standards such as ISO 41001 and ASHRAE for best practices.

 

For a more in-depth understanding of Vendor Management, we recommend reviewing: Vendor & Contractor Management in CRE.

You also have the customise and download a free checklist to help you make sure your vendors are compliant: Vendor Compliance Checklist

 

Build Long-Term Strategic Vendor Relationships

Great vendor partnerships go beyond transactions. They are built on communication, shared standards, and continuous improvement. Schedule regular performance reviews, invite feedback, and reward top performers with preferred status or multi-year agreements (VendorPM, 2024).

The use of scorecards and tenant feedback are very important to track and benchmark vendors. This supports with closing the loop for continuous improvement.

Evaluate the performance of your vendors with our free Vendor Performance Scorecard

Asset & Facility Management: Maximising Performance and Value

Asset Tracking and Lifecycle Documentation

You can’t manage what you don’t measure. Modern asset management starts with a digital inventory of every system—HVAC, roofs, elevators, plumbing, lighting—complete with make, model, age, condition, and service history. NFC tags and IoT sensors can help you automate this entire process for large portfolios (Kinexio, 2024).

Condition Monitoring and Performance Analytics

Proactive condition monitoring through advanced sensors or scheduled inspections enables early detection of issues, preventing costly disruptions. Performance analytics on the other hand pinpoint high-expense assets, recurring faults, and areas of excessive energy use, so you can prioritise investments that deliver the greatest value. (FM Systems, 2024).

Lifecycle Costing and Upgrade Planning

True property operational excellence means thinking beyond today’s repairs. Lifecycle cost analysis weighs initial investment, maintenance, energy use, and replacement timing to minimise total cost of ownership in the long terms (ProptechOS, 2024). Running this analysis helps justify upgrades—like energy-efficient HVAC or LED lighting—by forecasting payback and long-term savings.

Energy Efficiency and Value Enhancement

Energy efficiency isn’t just a sustainability goal—it’s a profit driver. Upgrading HVAC, improving insulation, and installing smart lighting can cut energy bills by 15-30% and improve asset value (WattLogic, 2024). Smart monitoring verifies savings and identifies new opportunities, while tenants increasingly demand green-certified spaces.

 

For those that are after a more in-depth dive into asset management, we've created a more in depth guide - CRE Asset Management: Acquisition to Disposal Guide

 

Technology & Automation: The Future of POM

The Modern Tech Stack: AI, IoT, and CMMS

Technology is no longer optional. Progressive property teams that are levelling up in maintenance leverage three main layers:

1. Computerised Maintenance Management Systems (CMMS)

  • Centralises work orders, asset data, vendor records, and maintenance schedules

  • Automates preventive maintenance and compliance tracking

  • Provides reporting for smarter, data-driven decisions

Modern CMMS platforms are proven to boost efficiency, reduce admin, and empower property managers to scale best practices across multiple sites (JLLT, 2024). If you are are looking for a system that supports a number of work order processes alongside other property management needs, you can dive into the Re-Leased functionality here.

2. Internet of Things (IoT)

  • Deploys sensors for real-time monitoring of HVAC, lighting, water, and security systems

  • These enable predictive maintenance by flagging anomalies before breakdowns

  • They also optimises energy use, air quality, and space utilisation which supports with driving both savings and tenant comfort

IoT integration turns buildings into “smart” assets—enabling remote monitoring and unlocking automation at scale (Tektelic, 2024).

3. Artificial Intelligence (AI)

  • Automates routine workflows, predicts maintenance needs, and analyses massive data sets for actionable insights

  • Supports chatbots for tenant requests and streamlines scheduling

  • Continuously learns, improving over time to drive further ROI

AI-powered platforms can reduce maintenance costs by 20-30% and significantly improve operational efficiency (Beam.AI, 2024).

Conclusion 

Property operations and maintenance are evolving rapidly, driven by technology, data, and rising tenant expectations. By adopting a proactive, evidence-based approach and leveraging the latest tools, property managers and landlords can unlock greater value, reduce risk, and future-proof their portfolios.  

Frequently asked questions

How can predictive maintenance reduce downtime and costs in commercial properties?

Predictive maintenance identifies potential failures before they occur, enabling planned interventions during convenient windows. This approach can reduce unplanned downtime by up to 50% and lower maintenance costs by 10–40%, with 20–30% gains in equipment life. (U.S. DOE, 2010).

What are the key components of an effective emergency response plan for commercial properties?

Include comprehensive risk assessment, redundant communication systems, clear escalation procedures, documented resources, regular training and drills, and vendor SLAs for emergency response. Plans should address scenarios from fire to flooding, with specific protective actions for each. Maintain current documentation and test capabilities quarterly (Ready.gov).

How can property managers optimise work order management to improve efficiency?

Standardise workflows from intake to closeout with clear procedures at each stage. Use mobile-enabled digital systems for real-time updates. Automate assignment by skills and availability. Establish prioritisation rules to balance emergencies with preventive maintenance. Track KPIs such as first-time fix rate and response times to target improvements.

What are the most common KPIs used in facilities management and how can they be tracked?

Critical KPIs include planned maintenance percentage (60–80%), first-time fix rate (>85%), response times by priority, backlog (<10% weekly capacity), SLA compliance (>95%), and maintenance cost per square foot. Track these through integrated CMMS dashboards that pull data from work orders, asset records, and vendor performance. Use automated reporting for consistency (IFMA, 2023).

What are the best practices for integrating IoT sensors into commercial property maintenance?

Start with high-value, critical assets where failure costs are highest. Deploy sensors that monitor vibration, temperature, pressure, and energy consumption. Configure threshold alerts that trigger automated work orders in your Computerised Maintenance Management System (CMMS). Begin with pilot installations, validate ROI, then expand by risk tier. Ensure your CMMS can process sensor data and generate predictive insights.

About the Author

profile_loganLogan Anderson
Director, Strategy & Growth


Logan combines strategic operational expertise with deep knowledge of commercial real estate (CRE) to drive meaningful growth across the industry. His focus is on connecting property businesses with enterprise applications enhancing compliance, financial operations, property management, stakeholder relationships. His goal: help real estate businesses scale smarter in a digital-first world.

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