Lease administration

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SERVICES

Lease administration

Lease administration refers to setting up a functional electronic register with consistent and detailed data of all lease related documents.

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Lease administration refers to setting up a functional electronic register with consistent and detailed data of all lease related documents. It aims to streamline internal administrative processes and to provide fast and convenient reporting with increased analytical capacity.

 

Administration of rental agreements

This service is based on a Data Register for input, processing and maintenance of information with terms of all lease agreements. Our team tracks and reports critical dates and monitor compliance with lease rights and obligations. We also give notifications for missing documents or information and assist with the control of the lease agreement related costs.

 

Management of specific client’s information

Our team registers and operates additional data and characteristics of the property that is not included in the lease agreement.

 

Landlords and third-party’s relations

We assist our clients with their communication with landlords, institutions and authorities in respect to their obligations as lessees. We engage with the communication in regard to insurance policies. Our team assists with necessary legal documentation and hand-over procedures of leased premises.

 

Up-to-date market information

This service includes assessment of the effectiveness of locations based on visibility, accessibility, coverage and traffic. We compare current market levels for alternative locations and analyse market trends over a period of six to twelve months. We also assist with related opportunities for optimization of lease terms.

PA e
Krasimir Petrov
HEAD OF ASSET & PROPERTY MANAGEMENT SERVICES

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