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      Lease Administration Systems: Enhancing Portfolio Management

      By Nik Sudhakar, Luke Langford and Jonathan Hills
      By Nik Sudhakar, Luke Langford and Jonathan Hills
              
      • Despite technology’s transformative impact on corporate real estate, many companies retain a decentralised and antiquated approach towards lease administration.
      • Lease agreements continue to be stored in excel spreadsheets and box folders of scanned files, making it extremely challenging for companies of scale to manage lease information, which in turn can drag on business performance and efficiency.
      • Upcoming changes to lease accounting standards requiring companies to report their lease liabilities and commitments is prompting an urgent review of lease management processes.
      • Help is at hand, with powerful new systems now available to help corporate real estate occupiers have visibility of and effectively manage all aspects of their global lease portfolios.

      •  

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      Property technology: disruptor or enabler?

      See more of CBRE's WORK_IT: Technology | Workplace | Jobs series

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      Contacts

      $name
      Jonathan Hills
      Senior Director, Research
      Asia Pacific
      Research
      +852 2820 2881
      +852 2810 0830
      Nik-Sudhakar---Digital-Solutions
      Nik Sudhakar
      Director, Digital Solutions
      Asia
      +852 2820 6506
      +852 9011 0096
      Luke-Langford_326x248
      Luke Langford
      Head of Portfolio Services
      Asia Pacific
      Transaction & Portfolio Services
      +852 2820 8137
      +852 5720 3777
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