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.
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…
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…
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..
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…
