managed offices

Landlords Insurance Recharges are rising – what can be done?

audits, budget, commercial property, Distribution Centres, Insurance, Landlords Insurance Recharges, leisure, managed offices, News, retail, service charge, service charge caps, service charge liability, Serviced Offices, shopping centre, tenants, Warehouses / By

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…

FlexSA Conference

audits, budget, commercial property, energy costs, flexible office space, Insurance, Landlords Insurance Recharges, managed offices, News, service charge, service charge caps, service charge liability, Serviced Offices, tenants, works / By

Assure Consulting attended the FlexSA (Flexible Space Association) Conference and Exhibition in London on 7 September, notable figures within the flexible space industry presented on key topics of interest to the sector.

Some providers within the flexible space sector have been significantly impacted by the pandemic, in particular the government’s directive to work from home. However, there is now a mood of optimism and excitement within the industry…

Service Charge – Cost Savings and Refunds

audits, budget, commercial property, Distribution Centres, flexible office space, Insurance, Landlords Insurance Recharges, leisure, managed offices, News, Offices, service charge, service charge caps, service charge liability, shopping centre, tenants / By

Latest Refunds and Savings With cost saving and refunds high on the agenda, I thought we would share some of the issues that we have dealt with this week……. Double payment of insurance …

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Electricity

audits, budget, Category One, commercial property, Distribution Centres, energy costs, flexible office space, Insurance, Landlords Insurance Recharges, leisure, managed offices, News, Offices, retail, service charge, service charge caps, service charge liability, Serviced Offices, shopping centre, tenants, Warehouses, works / By

Most occupiers of commercial multi-let buildings will be paying for electricity via two routes. However, do you know what you are paying and whether this represents good value for money?…

Management Costs Offset Savings

audits, budget, commercial property, Distribution Centres, flexible office space, Insurance, Landlords Insurance Recharges, leisure, managed offices, News, Offices, retail, service charge, service charge caps, service charge liability, shopping centre, tenants, Warehouses / By

A retail park service charge budget arrived recently and there was a 3.3% reduction, being broadly in line with the market and probably accepted by many. However, on closer examination, there was a significant reduction in security costs that should have led to an 11% reduction.

This reduction had been offset by an increase in management costs through the employment of an Estate Manager to manage various services, with that cost spread across numerous service lines..

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