commercial property

Assure Achieves Over £91,000 in Savings for Office Occupier

Our client occupies 49,000 sqft in a recently redeveloped office building of 69,000 sqft under a single lease beginning in 2017 for a term of twenty years.

The reconciled accounts for the service charge year ending 31 March 2019 were received, accompanied by a balancing demand of £368,000. Our client had received no prior notification from the managing agent regarding the size of the balancing demand..

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Webinar

Webinar: LG Energy Group & Assure Consulting

Assure Consulting will be presenting at a Webinar hosted by LG Energy Group, a market leader in energy risk management and procurement. A series of short sessions to be presented by Tim Parkin, Director Building and Consultancy, and Christopher Isa Cole, Director of Innovation & Development…

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The Return of Major Works Expenditure

Following an enforced hiatus during the pandemic, expenditure on major works maybe set to return to ‘normal’ or even higher levels in the coming years. The underlying day to day costs of soft/hard services look to be remaining broadly flat or with minimal increases in 2022YE…

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Hybrid Working – The Challenge for Office Occupiers and Landlords 

The Covid-19 pandemic has had a significant impact on office occupiers and landlords which looks set to continue for some time. Whilst it has not been a mandatory requirement, the Government has advised businesses to allow employees to work from home, if possible, at various times throughout the pandemic. Many employers have implemented hybrid working either for the foreseeable future or as a permanent arrangement…

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Approved Service Provider Member of the Flexible Space Association

Assure Consulting is now an Approved Service Provider Member of the Flexible Space Association, the professional trade association for serviced and managed office providers. We have an extensive track record in the commercial office sector, including several Flexible Space Association members. We advise occupiers on all aspects of lease expenditure, with particular expertise in service charges and insurance…

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Office Service Charge Budgets in 2022

For us to understand what will happen to Office Service Charge budgets in 2022, we need to look back. In 2021, the approach taken by office sector landlords to budgeting has been mixed. Whilst the majority presented reduced budgets, compared to 2020, many adopted a ‘business as usual’ approach, issuing increased budgets that have included substantial major works in some cases…

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