Our supermarket client occupies a large distribution centre under a single lease beginning in 1996.
The insurance premium increased to £359,000 following a 38% uplift in the Buildings Declared Value.
Our insurance team requested a copy of the Reinstatement Cost Assessment for further investigation…
Assure intervention secures £130,000 reduction in insurance premium Read More »
Here at Assure we are always developing and growing. The core of our business is reporting and analysing data in order to drive savings and help our clients with their cost reduction. This would not be possible without our internal software – Verivi. Verivi sits at the heart of everything we do, it stores every piece of relevant data for managing our clients lease expenses…
Verivi Development Drives Savings Read More »
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…
Approved Service Provider Member of the Flexible Space Association Read More »
With the growth in the sector, we felt it was time to shine the Spotlight on Distribution Centres and update our work on service charge and insurance rates payable by occupiers of warehouses and distribution centres.Our research covered 132 locations across the UK. The findings allow us to benchmark costs and then quantify the significant scope for potential savings…
Spotlight on Distribution Centres – Service Charge & Insurance Read More »
From our internal research, based on renewals that have taken place over the past three months, landlords insurance recharges are rising. We are seeing average increases of 13.5% feeding through at renewal. This is a combination of rising declared values (4%) and escalating premium rates (9.5%). In many cases the increases are far greater, with Landlords extending their cover as well as taking a more active role in the identification of risks…
Landlords Insurance Recharges are rising – what can be done? Read More »
According to our research, Tenants are begining to protect their position to a far greater extent, with many more service charge caps and all-inclusive rents. If this trend continues, it is Landlords that will suffer the fluctuations. In turn, this directly impacts the net rent (after deducting service charge shortfalls) that they are able to secure across the let parts of their scheme…
Retail/Leisure Service Charges – Is there an alternative? Read More »
