News, views and industry trends
4 commercial real estate metrics to drive financial success
In an era where real estate firms are inundated with data, it can be hard to know what data is most important to your business, and it can be even harder to uncover that information in the first place. CFOs and Controllers in real estate firms need t…
7 key considerations for better spend control in property management
This blog was written by Andy Hamilton, a Consultant at Proactis. Proactis, a certified MRI Software Solutions Partner, helps property management companies control 100% of their spend. Their solution transforms the Source-to-Pay processes, which help…
Become a data visionary: Four questions to ask your analytical team to future-proof your investment strategies
It’s unlikely that anybody could have predicted the real estate market shifts over the past 12 months. As in many other industries, it’s likely that the landscape is forever changed, and the real estate industry can expect to face some further curve …
POPIA in South Africa – How MRI is helping clients with compliance
After coming into effect in July 2020, South Africa’s Protection of Personal Information Act (POPIA) becomes enforceable on the 1st July 2021. Any business that processes or stores the personal information of clients, tenants, vendors, or suppliers n…
Return to work: 3 ways to restore tenant confidence in commercial office buildings
During 2020, many commercial office buildings faced an unexpected challenge: empty offices. The pandemic created a sudden shift to remote working, which will likely continue even after vaccines become more widely available. Businesses of all types ar…
How will the Great Disassociation impact commercial real estate?
In our previous blog, we discussed the role of technology in the “Great Disassociation” and how the COVID-19 pandemic has accelerated existing trends in remote activity and created new challenges for industries where a consumer’s presence is traditio…
Getting started with commercial real estate reforecasting
Performing a complete reforecast for your commercial real estate business is not a common task. It typically takes place only in the event of sudden economic shifts, like the one triggered by COVID-19. When your commercial real estate firm went throu…
Commercial rent payments: Decision time for landlords and tenants
The month of May 2020 finds many commercial landlords and tenants stuck between a rock and a hard place. The need to mitigate business risk resulting from COVID-19 is front and center, and decisions regarding expenses, cashflow, and operating costs c…