commercial lease

Efficiency Unleashed: How Assure Index Supports Shopping Centre Budget Reduction

Discover how the Assure Index helped us reduce a shopping centre service charge budget by £283,000. By pinpointing areas where the budget exceeded the average, we took prompt action to rectify these variances, resulting in significant cost savings for our clients.

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Exploring Service Charges Outside of the UK

So far this year our International Team has saved over £2.7M in service charge costs from projects in Germany, Spain, France, Poland, Norway, the Netherlands, Belgium, Ireland, Czech, Italy, Australia, and the US, with further savings on the way…

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Apportionment Issue Resolved After Change of Managing Agent

On behalf of a large supermarket chain client we recently reviewed an apportionment issue that arose due to a change of managing agent.

This store was located on a Shopping Park that used a Weighted Floor Area (WFA) apportionment method – the larger the store, the greater the discount to the service charge…

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Assure Achieves Over £91,000 in Savings for Office Occupier

Our client occupies 49,000 sqft in a recently redeveloped office building of 69,000 sqft under a single lease beginning in 2017 for a term of twenty years.

The reconciled accounts for the service charge year ending 31 March 2019 were received, accompanied by a balancing demand of £368,000. Our client had received no prior notification from the managing agent regarding the size of the balancing demand..

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Hybrid Working – The Challenge for Office Occupiers and Landlords 

The Covid-19 pandemic has had a significant impact on office occupiers and landlords which looks set to continue for some time. Whilst it has not been a mandatory requirement, the Government has advised businesses to allow employees to work from home, if possible, at various times throughout the pandemic. Many employers have implemented hybrid working either for the foreseeable future or as a permanent arrangement…

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