LEASE ADMINISTRATION

By outsourcing/co-sourcing this non-core CRE function with ProVenture’s lease administration team, considerable savings can be realized. You can rely on our expertise to drive both strategic organizational design and tactical process improvement across the global portfolio, ensuring compliance at every step.

LEASE ADMINISTRATION OUTSOURCING BENEFITS

  1. Added Assurance & Risk Mitigation in CRE Decision Making Process
  2. Establishment of Company-Specific Metrics for Strategic CRE Planning
  3. Verification of Data & Cost Avoidance
  4. Integration & Standardization of Multiple Operating Divisions
  5. Global Geographic Consistency
  6. Relieve Burden of Administration

LEASE ADMINISTRATION RESPONSIBILITIES & REPORTING

  • Flexibility & Suitability Analysis
  • Core vs Non-Core Facility Analysis
  • CRE & Business Unit Alignment
  • Major Market Concentration Master Plans
  • Reports for Capital Projections
  • In-Depth Energy Audits
  • Labor & Logistics Cost Effectiveness Reports
  • FASB/IASB Alignment
  • “Right of Use” Modeling
  • Track Key Dates – Options, Rights, Notices
  • Tax Assessment Audits
  • Operating Costs “Red Flag” Reports
  • Verification of Rent Inducements / Allowances
  • CAM / OpEx Audits & Reconciliations