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

REIT Industry Lagging In Technology Adoption Over the last 20 years, the Real Estate Investment Trust (REIT) industry has seen meteoric growth. REIT market capitalizations grew from around $7 billion in 1993 to $700 billion in 2013, and surpassed $1 …

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

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