Looking for cost savings in your corporate real estate portfolio? Read this guide to learn the ten strategies for reducing costs through better real estate lease administration. Topics include uncollected subtenant rent, overdue security deposits, forfeited tenant allowances, and missed renewal dates.
There are some similarities between real estate and equipment leases. Both have been neglected and under-funded at most organizations. There has been little investment in the people, systems, and processes to support real estate and equipment leases.