If you occupy a leasehold building in the UK or internationally, CBRE can help you to reduce the surcharge costs you are paying.
Real Estate is a major part of most business’s costs and as a real estate professional with responsibility for managing one of your company’s largest cost lines, it is likely you have been asked to look at reducing costs. Leases are complex and are constantly changing.
Tracking all possible cost adjustments on a portfolio, when you consider the wide scope of touch points, is almost impossible without a robust audit and compliance programme.
At CBRE we have developed a global programme, working with a trusted partner, to perform a precise, focused review of your global real estate obligations, identifying savings and reducing future portfolio liabilities.
Audit items will include:
- Rental obligations and payments, including indexations, fixed uplifts and incentives
- Service charges; fixed, CPI and variable
- Other material pass-through landlord charges, such as insurance, heating, ventilation and air conditioning (HVAC), security and utilities
Additionally, as we review your portfolio data we will look to identify other cost saving opportunities including: local property and real estate taxes, local incentives, and sublease arrangements as applicable. We work on a performance basis and are only paid on savings generated through the programme.
If you do not currently have a consolidated list of your property portfolio, we can support you in creating one through our Lease Essentials product.