Real estate ownership group

A private ownership group holding income-generating real estate assets required a centralised function to manage its operations, accounting, financial performance, projects, and ownership priorities. Yemnak acted as the group's outsourced Owner's Office, combining operational management, accounting and finance execution, and an outsourced CFO function under one centralised management structure.

• Ownership required a single point of coordination across real estate assets, tenants, finances, projects, and external advisors.
• Properties required continuous management of leases, renewals, collections, tenant matters, maintenance, and asset-related projects.
• The accounting and finance function required ongoing management of payments, collections, records, reporting, and financial controls.
• Ownership required CFO-level budgeting, cash-flow planning, performance analysis, liquidity management, and Board reporting.
• Ownership needed a consolidated view of how the business was performing, how cash was being generated, and where funds should be directed across the portfolio, reserves, and distributions.

Yemnak identified that the group required more than separate property management or accounting services. It needed an integrated Owner's Office capable of managing day-to-day operations, maintaining financial control, providing CFO-level analysis, and coordinating strategic projects while acting as an extension of ownership.

• Managed day-to-day operations of income-generating real estate assets, including tenant relationships, leases, renewals, rental collections, and payment follow-up.
• Monitored lease expiries, occupancy, rental rates, and opportunities to optimise recurring rental income.
• Coordinated property maintenance, renovation, infrastructure, and asset-enhancement projects, including budgets, contractors, engineers, consultants, and authorities.
• Managed communication with tenants, contractors, valuers, banks, and advisors on behalf of ownership, escalating matters requiring ownership decisions.
• Managed supplier and operational payments, tenant receivables, and financial records for management and year-end reporting.
• Acted as outsourced CFO, preparing annual budgets, forecasts, and cash-flow projections, analysing variances, and managing liquidity across CAPEX, reserves, and distributions.
• Monitored financial and operational KPIs including profitability, cash generation, collections, occupancy, liquidity, and asset performance, and performed financial modelling and scenario analysis.
• Maintained a consolidated view of assets, cash, liabilities, and shareholder position, and prepared periodic management and Board reports.

• Established a centralised Owner's Office covering operations, accounting, CFO responsibilities, and strategic projects.
• Gave ownership one point of coordination across properties, tenants, banks, accountants, auditors, and advisors.
• Strengthened property operations through structured lease, renewal, collection, tenant, and maintenance management.
• Improved visibility and control over accounting records, payments, collections, cash balances, and financial commitments.
• Established structured budgeting, forecasting, cash-flow planning, financial controls, and KPI monitoring.
• Gave ownership ongoing visibility over revenue, EBITDA, free cash flow, liquidity, reserves, asset values, and funding requirements.
• Supported Board decisions on budgets, property expenditure, reserves, and shareholder distributions.
• Positioned Yemnak as an ongoing extension of ownership: Owner's Office, accounting and finance department, and CFO function.