News, views and industry trends
The changing landscape of retail real estate
The concept of ‘reinvention’ seems to be on everyone’s lips across many disciplines, many sectors, and many organisations, due to the global economy and business landscape evolving. Global challenges pile pressure on organisations to become more inno…
A balancing act: how technology continues to help businesses keep IFRS 16 compliant
Lease accounting rules were dramatically altered when the International Financial Reporting Standard (IFRS 16), requiring all leases to be recorded on balance sheets in a bid to increase the transparency of business exposure to costs, came into force…
Key accounting factors to consider when making lease modifications
In the aftermath of the pandemic, many organisations are re-evaluating the amount of available workspace in their leases, whether for space management or financial reasons. This requires real estate accountants to modify leases properly and stay comp…
The evolution of real estate leases
Organizations that occupy real estate have faced many challenges over the past year. In particular, the spotlight on the relationship between tenant and landlord/agent has intensified – with a greater-than-ever need for clear communication and collab…
4 reasons no-code AI is the future of real estate technology
What if your real estate business could leverage technology powered by artificial intelligence without requiring coding skills on the part of the user? This is the potential that “no-code AI” offers – the ability to let non-technical experts utilize …
Lease administration: The key to uncovering hidden costs in your leases
For a corporate occupier, managing the complex leases within the organization’s property portfolio is a tedious endeavor, especially given how difficult it can be to ascertain the true monetary value of a lease. When it comes to managing a large port…
Automate leasing and lease abstraction with CRE tech
Automating leasing and the lease abstraction process can enable commercial real estate firms to better manage data across the business and effectively integrate data across multiple systems. Today, as the commercial real estate industry navigates unc…
How AI is improving the lease abstraction process
One of the biggest challenges in the commercial real estate sector has always been the cumbersome nature of leases. Commercial leases are filled with large volumes of detailed information and finding one specific point can take hours. The process of …