News, views and industry trends
Best practices for negotiating commercial lease renewals
Key takeaways Lease renewal is a strategic opportunity to optimise costs, reduce risk and align with long term business goals. Start negotiations 9 to 18 months early to maximise leverage, explore alternatives and avoid rushed decisions. Review exis…
Why the golden thread relies on accurate lease data
Key takeaways The building safety golden thread is a legal requirement, creating a single, digital source of truth for higher-risk buildings. Lease data is critical because it defines safety responsibilities, access rights and repairing obligations …
Revealed: The top performing retail destinations in 2025
Key takeaways 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 …
Why AI-driven intelligence is becoming essential for modern lease administration
key takeaways Traditional lease abstraction processes can no longer keep up with growing portfolio complexity, leading to data gaps, risk exposure and missed financial opportunities. AI-powered contract intelligence improves accuracy, visibility and…
What is finance lease accounting?
Key takeaways Finance lease accounting requires recognising both a right-of-use asset and a lease liability on the balance sheet. It reflects arrangements where the lessee assumes the risks and rewards of ownership. Lease payments are split into pri…
What are lease liabilities?
Key takeaways Lease liabilities represent the present value of future payments for leased assets and must be reported on the balance sheet. IFRS 16 and FRS 102 increase transparency but add complexity for finance teams. Calculating lease liabilities…
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 …