Assessment of Void Management Strategies (VMS) in Multi-tenanted Office Property in Lagos State, Nigeria
Keywords:Office, void, Nigeria, Lagos, Multi-Tenanted, Management, Void Management
The study assessed void management strategies adopted by Estate Surveying firms in multi-tenanted office properties in Lagos, Nigeria
Primary data were collected with the aid of questionnaires from estate surveying firms in the study area. in line with the Directory of the Lagos State branch of Nigerian Institution of Estate Surveyors and Valuers (NIESV). Seventy percent of this population representing 223 firms were selected randomly for the study and found useful for the study. Data obtained were analysed using frequency table, mean, mean deviation and mean ranking.
The study found out that void eradication strategy of adherence to vacation clauses and regular advertisement were the most frequently used strategies, probably due to their cheapness and effectiveness.
Keywords: Void, Void Management Strategies, Multi-tenanted Properties
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Copyright (c) 2022 Bioye ALUKO, Akeem Oyelere Ojediran, Timothy Tunde Oladokun
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