News, views and industry trends
Open rent receivables in commercial real estate: retail vs non-retail
In March 2020, the COVID-19 pandemic initiated a period of uncertainty for the global economy, and the commercial real estate sector was no exception. Many office workers quickly shifted to remote-working scenarios, while retail businesses and restau…
Connected systems, one source of the truth
“The system should be accessible to multiple users and stakeholders.” The Private Residential Sector (PRS) covers a broad spectrum of rental property. If you’re developing Build-to-Rent or whole block ownership schemes, known in some parts of the world as multi-family housing, you’re responsible for the entire property lifecycle, from developing a building, to attracting residents … Continued
Why Lease Accounting Changes Will Drive AI Adoption in Real Estate
New lease accounting changes will prompt many more businesses to embrace evolving property management technology The countdown has begun, but is your business ready for new lease accounting changes that will require all publicly-listed companies to account for the value of their leasing obligations on their balance sheets? If not, time is running out – … Continued
Workflow Automation for Commercial Real Estate
Commercial real estate (CRE) firms tend to rely heavily on spreadsheet tools such as Excel to perform complex analysis and financial modeling tasks. The time-consuming process of integrating data from disparate sources, such as an accounting system, …