Managing expectations: Despite past performance, rising rental vacancies will threaten the industry

The Property Management industry in Georgia consists of operators that manage residential and nonresidential real estate for property owners. Over the five years to 2018, the industry benefited from broad economic improvements within the state of Georgia. The Property Management industry primarily relies on demand from residential leasing and commercial leasing markets, which leads to industry revenue being tied to the overall health of the economy. Over the five years to 2018, increases in consumer spending boosted corporate profit for US businesses, which led to business expansion. Over the five years to 2018, the value of private nonresidential construction in Georgia increased at an annualized rate of...purchase to read more.

Industry Statistics & Market Size
Revenue
$3bn
Annual Growth 13-18
6.3%
Forecast Growth 18-23
Profit
Employment
25,423
Businesses
8,404

Industry Threats & Opportunities

  • The industry is highly fragmented, representing a low market concentration
  • Additional Insights for the Property Management in Georgia Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Property Management in Georgia Industry are

  • Having contacts within key markets
  • Having a well-defined strategy/goal
  • Proximity to key markets
  • IBISWorld analysts also discuss how external factors such as Corporate profit and Office rental vacancy in the Property Management in Georgia industry impact industry performance..

    shopping_cartPURCHASE OPTIONS

    What's in this report

    What is the Property Management in Georgia Industry?

    Companies in this industry manage residential and nonresidential real estate for property owners. Property management responsibilities relate to the overall operation of a property, including maintenance, rent collection, trash removal, security and some renovation activities. Industry players may also help manage a property’s accounting, but operations related to the transactions of properties or real estate investments are not included in this industry.

    Industry Products
  • Residential property management
  • Nonresidential property management
  • Construction services
  • Land property management
  • Real estate agent and brokerage
  • Industry Activities
  • Collecting rent
  • Managing facilities maintenance services
  • Managing security
  • Managing trash and recycling collection
  • Property accounting
  • Legally representing property owners
  • Finding and screening tenancy applicants
  • Coordinating repair contractors
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Corporate profit
  • Office rental vacancy
  • Homeownership rate in Georgia
  • Rental vacancy rates

  • Current Performance
    Industry Outlook
    Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Property Management in Georgia Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Apartment Rental
  • Commercial Leasing
  • Storage & Warehouse Leasing
  • Land Leasing

  • Key Selling Industries
  • Conveyancing Services
  • Electricians
  • Heating & Air-Conditioning Contractors
  • Janitorial Services
  • Landscaping Services
  • Painters
  • Plumbers

  • Products & Services
  • Residential property management
  • Nonresidential property management
  • other
  • Real estate agent and brokerage
  • Land property management
  • Construction services
  • Chart: Property Management in Georgia Industry Products and Services Segmentation

  • Major Markets
  • Residential
  • Other
  • Commercial
  • Industrial
  • Office
  • Chart: Major Market Segmentation for the Property Management in Georgia Industry

  • Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Chart: Cost Structure Benchmarking – Sector vs Property Management in Georgia

  • Basis of Competition
    Barriers to Entry
    CBRE Group Inc., Colliers International Property Consultants Inc., Cushman & Wakefield Inc., Jones Lang LaSalle Inc.,
  • Table: CBRE Group Inc. - financial performance
  • Table: Colliers International Property Consultants Inc. - financial performance
  • Table: Cushman & Wakefield Inc. - financial performance
  • Table: Jones Lang LaSalle Inc. - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Property Management in Georgia Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Property Management in Georgia Industry
    Includes:
  • Industry Revenue (2009-2023)
  • Establishments (2009-2023)
  • Businesses (2009-2023)
  • Employment (2009-2023)
  • Wages (2009-2023)
  • Office Rental Vacancy (2009-2023)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Class A Building
  • A commercial office building that commands the highest rent due to the attractiveness and prestige associated with location, tenancy, amenities and overall desirability.
  • Dwelling
  • A place of residence, such as an apartment or house.
  • Real Estate Investment Trust
  • A legal entity that uses pooled investor capital to purchase and manage income property or mortgage loans. To qualify as an REIT, the entity must distribute at least 90.0% of taxable income.
  • Vacancy Rate
  • The amount of real estate space unoccupied as a percentage of total available space.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Property Management in Georgia Industry Research Report contains up-to-date data and analysis, allowing you to identify the strengths and potential weaknesses of major companies in the industry. Build your credibility with clients and prospects by sharing insights into the current and emerging trends driving their industry. Our market research gives you the tools to win new business and keep existing clients.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Property Management in Georgia:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Property Management in Georgia market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Property Management in Georgia, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

    Contact Us

    Want to speak to a representative? Call us.

    clear