News, views and industry trends

Revealed: The top performing retail destinations in 2025

Ballycastle named the biggest growing high street with 20% YoY footfall growth  Newcastle Quays is the top retail park at 10% growth  Victoria Shopping Centre in Southend had the largest footfall increase of all UK shopping centres at 12%  New data…

What is finance lease accounting?

Finance lease accounting plays a crucial role in how businesses present their financial position. By bringing long-term lease commitments onto the balance sheet this approach requires organisations to recognise both a right-of-use asset and a corresp…

What are lease liabilities?

Lease liabilities sit at the centre of modern lease accounting requirements. They represent the payments that a business must make for leased assets during the lease term. These assets can include buildings, equipment, vehicles or technology that the…

Why spreadsheets no longer measure up

As the revised FRS 102 standard introduces more meticulous lease accounting requirements, the limitations of spreadsheets are becoming increasingly apparent. In a recent broadcast, Gavin Maze from MRI Software and Richard Olney from Grant Thornton hi…

What is lease management?

Lease management is the process of overseeing and administering lease agreements throughout their entire lifecycle. It covers everything from creating, negotiating and executing lease contracts to ensuring compliance, tracking key dates and managing …

Can you change property managers mid-lease?

Switching property managers can feel like a daunting process, especially if you are mid-way through an active lease. Property owners may worry about disrupting tenants, breaching contracts or creating financial complications. Yet in many cases, makin…