News, views and industry trends

As a residential property manager, what are the fundamental factors that persuade your clients – whether leaseholders or committees – to recommend you? The changing face of recommendation New business development in the market has always been highly driven by recommendation, as targeting leaseholders and committees is a hard task to do directly. However, the … Continued

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

New accounting standards will see real estate leases take on an unprecedented significance for company finances, shining a spotlight on the business’s property management technology For real estate professionals negotiating and signing new leases, life is about to get significantly more complicated. From January 2019, the introduction by the International Accounting Standards Board of IFRS … Continued

As the real estate investment industry evolves, financial modeling will remain a key factor in allowing real estate investment trusts (REITs) and other organizations that invest in real estate to make informed decisions and gain competitive advantage…

With new accounting standards on leases coming into effect in 2019, businesses must decide how to manage the transition and ensure their property management technology is up to the job The impact of the IFRS 16 accounting standard due to come into effect in January 2019 will be huge for many publicly-listed companies. For the … Continued

New accounting standards requiring businesses to bring leasing obligations onto their balance sheets will require many companies to get to grips with two different sets of rules – will your property management technology cope? It has been billed as the biggest shake-up in accounting standards for 30 years, but many businesses are not yet ready … Continued

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, …

To comply with new lease accounting standards governing leases, businesses’ real estate and finance functions will need to collaborate via property management technology