News, views and industry trends
How to optimise your store layout
Maximising space efficiency in your store isn’t just about making things fit, it’s about creating a shopping experience that feels intuitive and comfortable for customers. Did you know that strategic layout changes can improve sales by 20-40%? Whethe…
What is workplace occupancy rate?
Offices often sit half-empty, with research showing that around 14% of office space in Sydney goes unused. This can lead to wasted resources and unnecessary costs, especially if you’re not paying attention to how space is being utilised. Workpl…
Building air sealing
Energy efficiency is more than just a buzzword, it’s a necessity for property owners looking to cut costs and boost tenant satisfaction. Air leaks can account for up to 30% of energy loss in commercial buildings, directly impacting your bottom …
What is an energy audit?
An energy audit is a detailed evaluation of a building’s energy use. It’s designed to uncover where energy is being wasted, so you can make improvements that save money and reduce environmental impact. Think of it as a health check for your property’…
What is a triple net lease (NNN)?
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…
What is a work order management system?
Did you know that companies with a structured work order management system (WOMS) can reduce equipment downtime by 20%? For multifamily property managers, handling maintenance requests efficiently can be the difference between happy tenants and unexp…
What is a healthy building?
Did you know that people spend around 90% of their time indoors? This fact alone makes it essential for both residential and commercial buildings to prioritise creating a healthy indoor environment. Healthy buildings ensure that everything from the a…
What are occupancy costs?
Occupancy costs, also known as occupancy expenses, typically account for 35% to 50% of operating expenses for build-to-rent properties. These costs include rent, utilities, maintenance, property taxes, and insurance, making them a significant portion…