offices – Assure Consulting

From Labour Costs to Cleaning Bots: What’s Driving Office Service Charges Up

audits, budget, commercial property, flexible office space, managed offices, News, Offices, service charge, service charge liability, Serviced Offices, tenants / By Lesley Fulton

Office cleaning is one of those behind-the-scenes services that many of us rarely stop to think about. Arriving at work each morning to a clean, tidy, and hygienic environment is often taken for granted. Yet, this daily transformation is a carefully managed process, typically carried out outside core office hours, and is essential for the smooth running and professional presentation of any workplace.

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Smarter Workspaces, Higher Costs? Navigating Service Charges in Modern Buildings

audits, budget, commercial property, energy costs, retail, service charge, service charge liability, Service Charge Management Costs, tenants / By Lesley Fulton

As the world becomes more connected, our buildings are getting smarter too. Smart buildings use cutting-edge technology to create more efficient, comfortable, and sustainable environments – especially in the workplace. However, this innovation comes at a cost, that some Landlords’ may seek to recover via the service charge…

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Navigating Uncertainties: Forecasting Service Charge Costs in 2024 and Beyond

audits, budget, commercial property, energy costs, flexible office space, leisure, managed offices, News, Offices, retail, service charge, service charge liability, Serviced Offices, shopping centre, tenants / By Lesley Fulton

In an ever-evolving economic landscape, the ability to anticipate future costs is fundamental for occupiers. The Assure team are already guiding clients through the process of forecasting for the year 2024, and there are going to be a multitude of factors influencing service charge costs in the coming year. What are going to be the main factors influencing next years’ service charge expenditure?

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Excessive Energy Costs Challenged Service Charges Reduced by £695,000

Miranda Toben, Associate, shares two recent case studies where we successfully challenged excessive budget increases relating to energy costs resulting in reductions totalling £695,000.

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Reduction in service charge inflation across the retail sector but not offices… why is that?

audits, budget, commercial property, Distribution Centres, energy costs, flexible office space, leisure, managed offices, News, Offices, retail, service charge, Serviced Offices, shopping centre, tenants, Warehouses / By Lesley Fulton

Since the publication of the Assure Index 2023 and following analysis of the latest quartley figures, we can report a reduction in the annual equivalent rate of service charge inflation across the retail sector but not offices… why is that?

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Energy forecasts prove to be excessive, but is this reflected in your budget?

What has become apparent is that some landlords and managing agents have over-budgeted for energy which could have resulted in budgets being set too high.

Energy forecasts prove to be excessive, but is this reflected in your budget? Read More »