News, views and industry trends

FRS 102 is the UK’s financial reporting standard, established by the Financial Reporting Council (FRC) as “The Financial Reporting Standard applicable in the UK and Republic of Ireland”. Designed to ensure a true and fair view of a report…

Leasing plays a vital role in business operations, helping companies secure the assets they need without ownership. However, lease accounting can get complicated when agreements contain more than just base rent, specifically, non-lease components. No…

Making the right decision between finance and operating leases is essential for businesses to manage finances effectively. These two lease types differ in their accounting treatment, financial implications and operational considerations. This guide b…

A triple net lease (NNN) is a common type of commercial real estate lease in the UK. It’s especially common for retail spaces, restaurants and other franchise businesses. With a triple net lease, tenants are responsible for more than just their base …

As occupier needs become ever more diverse and their behaviour patterns less predictable, FM teams face a considerable challenge in responding to their changing needs. While AI and digital technology are often contrasted against “the human touch”, Io…

Lease management software is used by real estate teams to oversee the management of their lease portfolios, from keeping on top of administration and accounting to making strategic decisions about contract renewals. Used correctly, lease management s…

The retail landscape is a challenging environment globally, marked by the rising of costs for goods, inflation, energy, and labour. It’s vital, now more than ever, for retailers to base their decisions on data, and to take proactive measures rather t…

In the realm of Blue Light organisations, managing fleet operations efficiently is not just about keeping vehicles running—it’s also about navigating complex lease management and accounting standards like IFRS 16. These organisations face uniqu…