They are not the same as a property manager. A property manager runs day-to-day operations, while an asset manager focuses on strategy, performance, and long-term value. What is a commercial asset manager responsible for? They are responsible for maximising risk-adjusted returns from a commercial property asset. A commercial property manager typically focuses on increasing net operating income, preserving capital value, and keeping the asset aligned with the investor’s goals. They track performance, identify issues early, and set a plan that improves leasing outcomes, tenant quality, and overall building competitiveness in the local market. How do they increase income from a commercial property? They increase income by lifting rent, improving occupancy,…