Assure may have the very best lease audit and administration teams in place. But if the terms are poor, there is only so much that we can do, here are our 8 Tips for Property Cost Control…
8 Tips for Property Cost Control Read More »
We recently completed a benchmarking exercise as part of our Spotlight on Distribution Centres. This provided details on comparatives rates in £spf for service charge and insurance…
Returning to Distribution Centre Service Charges Read More »
As part of our initial portfolio review for an office occupier, we identified that the agent was over-budgeting, year after year and yet balancing credits were not issued. Instead, significant sums were being retained for unspecified future projects…
Recovering Excessive Reserves at Lease Expiry Read More »
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 »
First things first, when we are referring to an Audit, we mean a Certified or Chartered Accountants Audit. Their role is designed to protect the payers of the service charge, the Tenants. They should verify and certify expenditure by completing a full review and appropriate checks, providing the Tenant’s with the assurance that things have been handled properly…
Why have Service Charge Expenditure Audited – Is There a Better Way? Read More »
Assure were instructed on a new Service Charge management contract for a multi-site retailer, who had previously been managed by another consultancy. We always kick start new instructions with a thorough review of the lease, financials and an account reconciliation. A fresh pair of eyes will often identify new issues or new ways of resolving old disputes…
New Positive Approach Resolves Old Dispute Resulting in Initial Saving of £40,000 Read More »
