News, views and industry trends

Lease management software is used by real estate teams to oversee the management of their lease portfolios, from keeping on top of administration and accounting to making strategic decisions about contract renewals. Used correctly, lease management s…

The retail landscape is a challenging environment globally, marked by the rising of costs for goods, inflation, energy, and labour. It’s vital, now more than ever, for retailers to base their decisions on data, and to take proactive measures rather t…

Effective from 1st January 2019 for private sector organisations and more recently in the public sector from 1st April 2022, IFRS 16 is the new standard for lease accounting issued by the International Accounting Standards Board (IASB). These latest …

Lease management manages all aspects of a lease agreement, from creation to the ongoing management of the tenant-landlord relationship. Effective lease management is vital for property managers and landlords to reduce risk, maximise revenue and compl…

When the pandemic struck two years ago, almost overnight, office workers switched to remote working and PropTech made the mainstream press, quickly becoming a business imperative. Once the real estate industry overcame the initial disruption and beca…

The concept of ‘reinvention’ seems to be on everyone’s lips across many disciplines, many sectors, and many organisations, due to the global economy and business landscape evolving. Global challenges pile pressure on organisations to become more inno…

Lease accounting rules were dramatically altered when the International Financial Reporting Standard (IFRS 16), requiring all leases to be recorded on balance sheets in a bid to increase the transparency of business exposure to costs, came into force…

In the aftermath of the pandemic, many organisations are re-evaluating the amount of available workspace in their leases, whether for space management or financial reasons. This requires real estate accountants to modify leases properly and stay comp…