ERNEST ALOHAN

THE ROLE OF PROPERTY MANAGERS IN ENHANCING TENANT SATISFACTION AND RETENTION IN COMMERCIAL PROPERTIES IN ASABA

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Abstract
This research examines the role of property managers in enhancing tenant satisfaction and retention in commercial properties in Asaba, Delta State, Nigeria, with particular focus on Nnebisi Road as a case study. The study sought to identify the key management practices that influence tenant satisfaction, assess the impact of property managers on tenant retention, and highlight the challenges encountered in the course of property management. A survey research design was adopted. Data were obtained through the administration of structured questionnaires to 50 commercial tenants on Nnebisi Road, Asaba, and 21 Estate Surveyors and Valuers across Delta State. The responses were analyzed using descriptive and inferential statistics to establish patterns of tenant satisfaction and professional management practices. The findings reveal that tenants are largely influenced by the responsiveness of property managers to complaints, regular maintenance of facilities, security provisions, and fairness in rental policies. Property managers who consistently provided these services recorded higher levels of tenant satisfaction and long-term occupancy. However, challenges such as inadequate funding for maintenance, poor communication, and lack of
modern management technologies hindered optimal performance.
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