With the reality of the COVID-19 pandemic dawning on the real estate sector, facility managers are facing a daunting task in offering their services to private and government estates. RealEstate COVID19 Coronavirus Pandemic
One of such affected services, is facility management that attracts a mandatory payment of service charges by tenants toward the cost of maintenance and repairs of common facilities, beyond those being personally used by individual residents’ in their apartments.
The increase ranges between five – 12.5 per cent on imported items like consumables for equipment maintenance, equipment, replacement parts, building services components like pumps, some imported cleaning and washroom items, imported office hospitality items and others. They said that the recent economic situation exacerbated by the coronavirus pandemic have made some arrangements in estate management unattainable.
In some cases, facility managers and residents have entered into arrangement to cut down on services and ensure transparency in managing funds. A resident told The Guardian that the service charge has remained even though there is likelihood of upward review in the next quarter. According to him, when you get a commodity cheaper, the cost of transportation is high and the cost of labour has risen. Ukpong said, the utilities are failing because of the higher pressure on the infrastructure.
Ukpong said the facilities would still need to be maintained because it is like the cost heads are constant, especially if you are going to use the lift as well as provide the generator and the cleaners. For example, in one of such property in Anthony Village, Lagos, generators that were normally on from 7.00pm are not started till 9.00pm. The closing time was also adjusted from 7am to 5am.
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