November 2013

How to Find a Good Real Estate Site for your Stakeholders - Part II

Published on Friday, 29 November 2013 09:34:17    Written by Marc
How to Find a Good Real Estate Site for your Stakeholders - Part II
  • Quality. As indicated above, this is driven by budget. If your stakeholders have a low budget, they must know that you will probably end up with a site with a quality that is budget reflected. This seems obvious for people in the real estate lease management field, but I was often surprised by how often non real estate people provided me with a budget that would barely get us a type B building.

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  • How to Find a Good Real Estate Site for Your Stakeholders

    Published on Tuesday, 26 November 2013 11:48:44    Written by Marc
    How to Find a Good Real Estate Site for Your Stakeholders During the years that I was managing real estate, one of the most challenging tasks of finding the right office sites for our operations was to find sites in specific locations. On a number of occasions, we needed to consolidate business units together into new office sites. One of the most popular concerns that people who manage real estate leases can have with moving people from one site to another is getting people to the site.

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    Part II - 10 Ideas for Saving Money

    Published on Friday, 22 November 2013 18:26:50    Written by Marc
    Part II - 10 Ideas for Saving Money
  • Conversion. This is not something that is done often, but depending on the situation, converting a site can generate interesting savings. Remember, most real estate sites are only there to protect & host your operations. If you have a warehouse which you own and that happens to have some offices and other free space and at the same time you have an office lease which is located at a reasonable distance and that lease is coming to an end, you might want to see if you can convince your colleagues working in the office if they would accept to move into the warehouse site. Depending on their requirements, you might be surprised by their answer.

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  • How to Save Money When Managing Real Estate Leases. 10 Ideas for Saving Money

    Published on Monday, 18 November 2013 08:19:18    Written by Marc
    How to Save Money When Managing Real Estate Leases.  10 Ideas for Saving Money Of all the important tasks that real estate managers face on a daily basis, it would probably be fair to say that finding ways to save money probably ranks pretty high on the list. If your company leases sites for its operations and your job is to manage these leases, chances are that your responsibilities also include finding ways to save money for the company. Few departments do not have ‘saving money’ somewhere in their objectives these days and the real estate department is no exception.

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    Does Your Landlord Have His Cake and Yours?

    Published on Friday, 15 November 2013 09:55:33    Written by Marc
    Does Your Landlord Have His Cake and Yours? We often talk on our blog about things to remember when entering into a lease. Although managing leases can seem straightforward to many, for people who are in the field day in and day out negotiating leases and managing real estate portfolios for companies and organizations, the work is often much more technical that outsiders would think.

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    The Effects of Speculation on the Value of Capital Expenditures

    Published on Tuesday, 12 November 2013 09:17:07    Written by Marc
    The Effects of Speculation on the Value of Capital Expenditures
    It has already been 16 years; however, the day still rings fresh in many peoples’ minds. On July 2, 1997, a cascading effect caused by the sudden devaluation of a handful of currencies across Asia caused the debt-to-GDP ratios of those economies to balloon between 100% and 167%. The subsequent result was the doubling of corporate debt caused by companies heavily leveraging their assets using foreign denominated loans. Therefore, many projects that had capital allocated to them were shelved, stalled, or scrapped altogether.

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    Plan Your Restorations in Advance

    Published on Friday, 8 November 2013 11:35:21    Written by Marc
    Plan Your Restorations in Advance When moving out of a site, it is good to have a restoration checklist of what to do before you can exit the site. While this might sound obvious, simply of a lease with restoration clauses, you will have the legal obligation to restore the lease site at the end of your lease. However, many companies fail to plan these restorations ahead and wait for the last minute to start the planning of the restorations, only to find out that the restoration work will take longer than planned. They also might find themselves having to pay an extra month or two of rent on an empty site, simply because the restoration work extends beyond the lease. Having a restoration plan, with a checklist of things to do, and who to contact well in advance will help. Yes, most of the time, it becomes project management but it does not always have to be so complicated.

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    Capital Expenditure Viability Analysis for Small Businesses

    Published on Monday, 4 November 2013 09:13:23    Written by Marc
    Capital Expenditure Viability Analysis for Small Businesses
    Most large businesses have processes in place to do a uniform cost and benefit analysis of proposed capital expenditures. This is often performed at the level of the initiating entity and then again at the approval level. Small businesses; however, often lack procedures and processes to deal with what they would consider major capital expenditures. Let us look at some of the factors that small businesses should take into consideration when determining the viability of a capital expenditure project.

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