News, views and industry trends

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…

New accounting rules focusing on leases will make tough demands of real estate – make sure your property management technology is up to the job. It might be wise for real estate professionals to think of 1 January 2019 as D-Day for their departments. This is the date on which the International Accounting Standards Board’s … Continued

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

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

New accounting standards on leases represent a burden for real estate, but functions that leverage their property management technology effectively have an opportunity to become trusted strategic advisers to the business Property will account for a sizeable chunk of the $2.8trn worth of assets that will move on to the balance sheets of publicly-listed companies once … Continued

According to the 2016 Workplace Trends report by Sodexo, Big Data has the potential to significantly reduce the cost of FM services. However, the report warns that in order to use data effectively, FM professionals need to get better at establishing and implementing their KPIs.

I recently found myself discussing space management challenges with Realcomm attendees. Strikingly, I recall it was the Qube Space software screen – specifically a CAD drawing with heat map that clearly illustrates space usage – that most caught the attention of attendees. At a glance, they could see where office space was put to good … Continued