Warehouse & Distribution
Lease Expense Management for Warehouse and Distribution Centre Occupiers
- The challenge
The Distribution and Logistics sector has doubled in size over the past 10 years, with many new Distribution and Business Parks having been developed along the main arterial routes throughout the UK and Internationally.
However, that absolute focus on growth & acquisition has started to slow with a shift in sentiment. At the same time, lease expenses are rising fast. As a result, many companies and operators are now turning their attention to the management and control of their property costs, including service charge and insurance.
- Solution
Assure Consulting is at the forefront of lease expense management for industrial occupiers. They work with the Assure Consulting’s team of experts to gain control and value for money from recurring financial liabilities including service charges and insurance recharges. Using our intelligent data, occupiers can mitigate risk and plan for future challenges.
“With our ever-growing estate came an ever-growing service charge liability and we were looking for a partner who would be able to take on all the challenges involved with a growing and evolving portfolio of different tenures. Since working with Assure we have been able to better understand whether our service charges truly reflect what is fair and reasonable and in line with what our leases stipulate. Not only have we seen savings in annual budgets across the estate, Assure also successfully challenged some major building works on our behalf and managed to significantly reduce our contribution to them based on what our benefit from the works actually were. From day one the guys at Assure have been easy and pleasant to deal with and having a single point of contact who really understands our estate has undoubtedly helped. Assure come with a high recommendation from me and I look forward to our ongoing relationship as we continue to expand."