News, views and industry trends
What is lease management?
Lease management manages all aspects of a lease agreement, from creation to the ongoing management of the tenant-landlord relationship. Effective lease management is vital for property managers and landlords to reduce risk, maximise revenue and compl…
What is lease accounting? The basics simplified and explained
Effective from 1st January 2019 for private sector organisations and more recently in the public sector from 1st April 2022, IFRS 16 is the new standard for lease accounting issued by the International Accounting Standards Board (IASB). These latest …
How lease administration teams can adapt to changing workplace dynamics
Nearly every industry is experiencing high turnover at the moment, and the commercial real estate sector is no exception. New workplace trends like the Great Resignation have led to a high level of employee churn, disrupting essential processes and t…
What is the future of your real estate ecosystem?
When the pandemic struck two years ago, almost overnight, office workers switched to remote working and PropTech made the mainstream press, quickly becoming a business imperative. Once the real estate industry overcame the initial disruption and beca…
The changing landscape of retail real estate
The concept of ‘reinvention’ seems to be on everyone’s lips across many disciplines, many sectors, and many organisations, due to the global economy and business landscape evolving. Global challenges pile pressure on organisations to become more inno…
A balancing act: how technology continues to help businesses keep IFRS 16 compliant
Lease accounting rules were dramatically altered when the International Financial Reporting Standard (IFRS 16), requiring all leases to be recorded on balance sheets in a bid to increase the transparency of business exposure to costs, came into force…
Key accounting factors to consider when making lease modifications
In the aftermath of the pandemic, many organisations are re-evaluating the amount of available workspace in their leases, whether for space management or financial reasons. This requires real estate accountants to modify leases properly and stay comp…
4 reasons no-code AI is the future of real estate technology
What if your real estate business could leverage technology powered by artificial intelligence without requiring coding skills on the part of the user? This is the potential that “no-code AI” offers – the ability to let non-technical experts utilize …
