News, views and industry trends

Lease vs licences: What’s the difference?

Understanding the differences between a lease and a licence is essential for commercial landlords. While both agreements allow another party to occupy or use a property, they have distinct legal, financial and operational implications. A lease provid…

How to account for operating leases

Accurate lease accounting is essential for commercial property managers. Operating leases impact financial reporting, cash flow management and compliance with international accounting standards. The introduction of IFRS 16 has changed how these lease…

Can commercial property be used as residential?

Did you know that the UK housing market is short by 4.3 million homes, unable to meet the current buyer demand? Meanwhile, many commercial spaces remain underutilised as businesses adapt to remote work and changing economic conditions. These trends h…

How is CRE technology transforming commercial real estate?

The commercial real estate (CRE) sector is undergoing a remarkable transformation driven by technology. Innovative tools are revolutionising how businesses manage properties, engage tenants and make strategic decisions. From lease automation to predi…

What is fair market value (FMV) of commercial property?

Fair market value (FMV) is a key concept in commercial real estate, representing the price a property would fetch in a competitive and open market. It reflects the value agreed upon by a willing buyer and seller, both acting knowledgeably and without…