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Accurate lease accounting is essential for commercial property managers. Operating leases impact financial reporting, cash flow management, and compliance with international accounting standards. The introduction of ASC 842 and IFRS 16 has changed ho…

Managing industrial properties comes with a unique set of challenges, particularly in a market that has faced economic uncertainties in recent years. Like the broader commercial property sector, industrial real estate has felt the impact of high infl…

Leasing plays a vital role in business operations, helping companies secure the assets they need without ownership. However, lease accounting can get complicated when agreements contain more than just base rent, specifically, non-lease components. No…

Lease liabilities are a cornerstone of modern financial reporting, representing a company’s obligation to make payments for leased assets over time. Accurate accounting of these liabilities is essential for transparency and compliance with financial …

Finance lease accounting, refers to the method by which long-term lease agreements are recorded on the balance sheet. This approach requires the lessee to recognise both the asset and the corresponding lease liability, reflecting the ownership-like r…

A triple net lease (NNN) is common for retail spaces, restaurants, and other franchise businesses. With a triple net lease, tenants are responsible for more than just their base rent, they also cover property taxes, building insurance, and common are…

Healthcare organisations face numerous challenges, ranging from managing their resources efficiently to ensuring regulatory compliance and providing the best possible care to patients. One of healthcare organisations’ most significant challenge…

Why is leasing software used in retail? The use of leasing software has become increasingly widespread in the retail industry as retailers strive to keep up with the fast-paced and ever-changing market. The industry is competitive, and effective leas…