Category: Lease Management
Technology in commercial lease management: A strategic advantage for investors
Commercial lease management has always been a complex process, juggling tenant relationships, contract terms, compliance requirements and financial performance across multiple properties. Investors and property owners need to be proactive, agile and …
What are non-lease components in lease accounting?
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…
What are lease liabilities in accounting?
Lease liabilities are a cornerstone of modern financial reporting, representing a company’s obligation to make payments for leased assets over time. Accurate accounting of these liabilities is essential for transparency and compliance with financial …
What is finance lease accounting?
Finance lease accounting refers to the method by which long-term lease agreements are recorded on the balance sheet. This approach requires the lessee to recognise both the asset and the corresponding lease liability, reflecting the ownership-like re…
What is a triple net lease (NNN)?
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 …
Can you sublease a commercial lease?
Subleasing a commercial lease can be an effective way to manage unused space or reduce costs, but it comes with specific legal and operational considerations. Whether you’re a tenant or a landlord, understanding the process is essential to ensure suc…
What is lease administration?
Lease administration involves overseeing and managing the details of lease agreements, from negotiating terms and ensuring compliance with accounting standards to maintaining tenant relationships and managing portfolios. For businesses managing multi…
What is lease management software?
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…