News, views and industry trends
Nine impacts of mobility and connectivity improvements in residential block and estate management
Every week there are new stories about the wonders of internet connectivity and the ‘Internet of Things’. In residential property management, the advances are making a dramatic difference to people’s lives. Here are nine ways that the latest mobility and connectivity technology has improved conditions for block managers, leaseholders and residents. One: Improved property management … Continued
How tech can help occupier service providers deliver improved client value
Corporate real estate service providers face an ongoing challenge to ensure they manage clients’ property portfolios effectively. As well as running the day-to-day operations and ensuring essential pieces of equipment remain safe and functional, providers need to remain up to speed on the more strategic elements. Knowing when leases or contracts expire can help shape … Continued
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
Changes in the CRE environment (and the need for technology)
The corporate real estate sector is changing fast, as a result of changes in the way people work, the introduction of new technologies and the ongoing pressure on businesses to save costs wherever possible. According to the Live Work Play 2016 report by CBRE, 78% see workplace quality as important when choosing an employer, and … Continued
Why Real Estate Can’t Leave It to Finance to Ensure Compliance with Accounting Reforms
While finance has a key duty to ensure compliance with accounting standards, reforms to the rules on leasing will bring real estate and its property management technology into the picture. Who should take responsibility for leading the response to the new accounting standards that the International Accounting Standards Board and the Financial Accounting Standards Board … Continued
How property management software can help residential block and estate managers to win more business
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
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
Why New Accounting Standards Will Force Real Estate to Get Strategic
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