shopping centre – Page 10 – Assure Consulting

New Positive Approach Resolves Old Dispute Resulting in Initial Saving of £40,000

audits, budget, commercial property, leisure, News, retail, service charge, service charge caps, service charge liability, shopping centre, tenants / By Secret Source

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…

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Verivi Development Drives Savings

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

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…

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Webinar: LG Energy Group & Assure Consulting

audits, budget, commercial property, Distribution Centres, energy costs, flexible office space, leisure, managed offices, News, retail, service charge, service charge caps, service charge liability, Serviced Offices, shopping centre, webinar / By Secret Source

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

audits, budget, commercial property, flexible office space, leisure, News, retail, service charge, service charge caps, service charge liability, Serviced Offices, shopping centre, tenants, works / By Secret Source

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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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 Secret Source

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…

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Retail/Leisure Service Charges – Is there an alternative?

audits, budget, commercial property, Distribution Centres, Insurance, Landlords Insurance Recharges, leisure, News, retail, service charge, service charge caps, service charge liability, shopping centre, tenants, Warehouses, works / By Secret Source

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…

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