Management

TF Properties’ business model is to develop and provide co-tenanted commercial properties for rent to the general public. Nonetheless, actual construction of properties is contracted to specialist construction firms. In the long term however, this strategy may be revised thereby leading to TFP’s direct involvement in construction in addition to project management of properties. In the short term, TFP’s involvement in the construction of properties is limited to project management and quality assurance.

TFP’s properties are made available to the public to rent through assessment on the basis of reputation, ability to pay and other parameters with the view of minimizing risk. An efficient rent collection and management system is also in place to ensure that the investments achieve the maximum economic rents possible. These notwithstanding the option of outsourcing the management of the properties to facility management firm(s) is not ruled out.

In accordance with this model, TFP plans to specialize in the development of office, hostel, conference facilities, and other commercial facilities. Future developments may be embarked upon once identified to be consistent with the investment objectives by the Directors.

Additionally, TFP seeks to maximize the market value and maintain a good market image and reputation of its investments. Property services are offered in a manner that guarantees customer satisfaction, enhance property value and create avenues to attract alternative sources of income.