Lease Concessions Related to the Effects of the COVID-19 Pandemic: A Guide for Lessees
As a result of the coronavirus pandemic, commercial tenants who have negotiated agreements for deferred rent or other lease concessions with their landlords will need to account for these lease modifications on their balance sheets. What will lease a…
Analyzing and unlocking the value of software solutions for real estate occupiers
Global lease accounting rule changes have triggered an overhaul of digital real estate strategies for property occupiers. With the costs of property and equipment lease portfolios now impacting balance sheets, organizations are putting a much greater…
CRE Tech in 2020: Unlocking the value in data
Today, many CRE organizations face challenges similar to those of other industries – the need to do more deals, increase profitability, scale the business without an equivalent hike in cost and operations, and of course, remain competitive. But techn…
CRE Tech Best Practices: Automating the Leasing and Lease Abstraction Process
Commercial real estate has often lagged behind other industries with regards to technological advancements that improve business processes by making them more automated and streamlined. Today, as the commercial real estate industry navigates uncertai…
Kingfisher moves past spreadsheets to achieve lease accounting compliance
Kingfisher plc is an international home improvement company with over 1,300 stores in nine countries across Europe, Russia and Turkey, supported by a team of over 77,000 colleagues. They operate under retail brands including B&Q, Castorama, Brico…
Take Control of Your Lease Management
Access to reliable information about the leases you administer is critical to the management of your real estate department. From the impact of the new lease accounting standards on your balance sheet to visibility into lease terms, commitments and c…