Volatility in Lease Renewals
As leases signed pre-covid start to expire, the impending negotiations, downsizing, and future of work led changes is dramatically increasing; are you seeing an increase in the amount of information needed for client retention?
Request and expectation for real time API led data sharing between tenant and landlords is becoming a standard inclusion. 'Smart Buildings Technology' requirements are on the rise, often tied to tenants expecting huge investment from landlords for projects which create significant uplift in forecasted CapEx. Larger tenants across the globe are demanding an evolution in the communication and expected level of service between landlord and tenant, data silos and no transparency is no longer acceptable.