News, views and industry trends
The case for smarter, data-driven lease management – getting the basics right
In South Africa, occupier property managers face tighter compliance standards and growing pressure to improve performance, alongside ever-rising costs. Yet, many still lack the digital tools needed to make well-informed decisions. This issue often st…
Unlocking the power of artificial intelligence in telecom contract management
In today’s telecom landscape, managing vast amounts of contract data is a significant challenge. Large telecom operators are now turning to advanced automation tools to streamline their operations, reduce errors, and increase efficiency. Artificial I…
The V&A Waterfront partners with MRI Software with a shared vision for innovation
In an unpredictable post-pandemic landscape, South African property leaders are doubling down on efficiency, and technology is leading the way. With rising costs, power instability, and service delivery concerns, smart property management has never b…
The role of digitalisation in human-centric FM: how IoT, AI, and smart technologies enhance the occupiers’ experiences
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…
How to drive efficiencies across the retail estate in 2024 and beyond
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…
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…