News, views and industry trends
Commercial rental success: Protect your rights and your deposit
One of the most important aspects of a successful property transaction, specifically a commercial transaction, is having a fully signed and initialled lease agreement in place. Although this may seem like a given, many lease agreements are in fact le…
Trends in commercial property management to expect in 2024
As 2024 develops, commercial property management continues to evolve, shaped by technological advancements, changing tenant demands and global market shifts. In this fast-paced environment, staying ahead of the curve is crucial for property managers …
What is common area maintenance (CAM) and why should you keep track of it?
Welcome to MRI Software’s exploration of a critical aspect of commercial property management: Common Area Maintenance (CAM). But what is Common Area Maintenance and how does it intersect with real estate expense recoveries? Common area maintenance (C…
Rental deposits demystified – what, when, how and why?
The deposit is one of the most crucial components of your lease agreement – it provides you with additional security if your tenant decides to put you in a difficult position through property damages, arrear rentals or early cancellation. Luckily, yo…
Clearing the Air! Who’s responsible for mould in a rental property?
One of the most disputed areas of property rentals is the question of who is responsible for mould within the property. Mould can show up in your rental property overnight and the parties to a lease agreement always dispute whose responsibility it is…
Top energy saving tips for commercial buildings
Do you manage a commercial building? If so, ensuring it meets the relevant energy efficiency standards could be absolutely crucial to your profitability. Following these energy-saving ideas for commercial buildings will not only allow you to avoid th…
What is commercial property management and why is it important?
Commercial property management is a multifaceted field that’s critical for operating and optimising commercial properties. From office buildings and retail spaces to industrial complexes and leisure facilities, effective commercial property managemen…
Why is commercial real estate tracking important?
While commercial real estate organisations might excel at attracting the right tenants, maximising the information in their leases, and running their businesses smoothly, they also regularly face additional challenges that can hinder their overall su…