Ultimate Owner Feature

We all know that an essential step in any development process is finding the site owner’s details to then contact them. We should all also know that this isn’t always as simple as it seems, especially if you have to go through several companies to get to the actual owner.

So what’s the answer? LandInsight’s new Ultimate Owner feature.

What is the Ultimate Owner feature?

It is a significant enhancement to our existing ownership search feature as it allows you to save time and quickly access valuable information about both the ultimate owner of a site, and all the child companies (subsidiaries) associated with it.

The ultimate owner and child companies are displayed in a simple yet intuitive way for you to then further assess the full nationwide portfolio of any given company.

How does the feature work?

Our engineers have developed an algorithm that enables us to derive and visualise company tree information from the data available on Companies House. As it currently stands, you would have to conduct a vast number of searches to get the information needed, collate the information into a spreadsheet plus speak with a number of different people to complement your information. Even then, you are not able to gain the same level of ownership understanding that you gain with LandInsight’s Ultimate Owner in seconds.

What does this mean for me?

If you find your time valuable and don’t like wasting it, Ultimate Owner changes everything.

The Ultimate Owner feature is your key to unlocking a full understanding of who exactly a company is and where their interests are. If you’re an agent thinking about, or already are, representing a company on one site you can quickly find their other sites and potentially represent them on those too. For developers, your value is through instant portfolio assessment. If you know a company is planning on divesting its interests, for example, finding out what else they own could quickly form into the discovery of several off-market opportunities from a motivated seller.

Keeping an eye out on your competition is of particular importance for anyone. Using this feature you can choose between a snapshot or a more in-depth view of where your competitors operate, what their plans are and quickly make more informed decisions about your next opportunity.

How do I access it?

We’re glad you asked. For everyone on the unlimited plan, the Ultimate Owner feature is available through the ownership layer on the right and then the search panel on the left.

For those who are not on the unlimited plan, don’t worry as we are currently offering free trials for Ultimate Owner and other powerful tools. Contact us and we will give you immediate access.

You can reach our team on 0203 086 7855 or you can email us at info@landinsight.io.

Flexible Workspace in Agile World

Guest post from our series on Property Futures, by Mirsolav Miroslavov, at OfficeRnD:

Flexible Workspace in Agile World

Miro OfficeRnD

 

‘The only thing that is constant is change’

 — Heraclitus

 

The last two decades were marked by the significant organisational transformation from predictive to an adaptive way of working. Business organisations of all sizes had to adapt and react quicker in order to stay relevant in the world of breakneck technology disruption. The agile – rapid and flexible response to change – became the preferred way of working even for large organizations.

The higher pace of change, agility and innovation require more flexibility in all services and facilities used by businesses. However, commercial real estate still operates within the traditional model and has been slow to adapt.

Flexible Workspace

Companies of all sizes demand flexible terms when it comes to office lease. They want to pay for the space they use, when they use it. When the business grows, the office grows with it. Flexible working will boom in the next 20 years. Most commercial real estate buildings will be managed by flexible facility management operators that provide the office and business support services needed by the organisations. The office space will become a service. Business organisations will pay only for what they use.

The creative and agile workforce expect flexibility and collaboration in the office. Different tasks require different ways of working; whether working from home, collaborative space or a quiet office.

Coworking spaces bring flexibility and collaboration into one physical space. Organisations and freelancers will be able to choose from a variety of flavours – ranging from boutique small spaces for creative professionals to high rise buildings for established companies.

Managing Flexibility

The transition from rigid to flexible space management can be tricky. We saw this for ourselves when the startup we worked in became a huge corporate beast. The company tried to create a dynamic and agile corporate environment that provided the necessary flexibility but it was clear that managing a flexible workspace required a huge effort from the office and facility managers.

The trend towards co-working was already studied, so the opportunity was defined from both experience and analysis. We decided to leave our work and develop a platform to completely remove all the hassle in managing flexible offices and coworking spaces.

The future of office management is to provide a flexible and collaborative environment for its occupiers to grow and thrive, offloading all facilities management and minimising real estate costs. Only specialised software, like OfficeRnD, can manage collaborative, efficient and flexible coworking spaces, serviced offices and business centres. As workspaces accommodate co-working they need systems to automate the members on-boarding and billing cycles, easy conference room bookings, space management, help desk support and also integrates with security and wifi systems. 

Company bio: OfficeRnD

OfficeR&D is a beautiful platform for managing coworking spaces, serviced offices and business centres. It enables the managers to handle all business critical processes in very visual and interactive way. Furthermore, it gives the community a means to collaborate, book meeting rooms and engage via the web portal and mobile app.

Twitter | Facebook 

Author bio: Miro Miroslavov, CEO OfficeR&D

Miro is a software engineer, entrepreneur and co-founder of OfficeR&D. He loves everything about office design, flexible working and high-quality software. He tries to bring this all together into OfficeR&D.

Need for liquidity will drive #proptech adoption

Guest post from our series of Property Futures by Nicolas Kint at Rialto:

Need for liquidity will drive #proptech adoption

There are 2 big trends that I foresee happening in the commercial property industry: 1) demand for more liquidity, and 2) property technology offering room to the commercial property market to consolidate. Let me explain:

Increase in Liquidity:

A non-changing, uncertain, macro-economic climate and low interest rates will shift the investment mindset. Capital will no longer search for surplus returns, but will pay a premium for market liquidity.

By nature of real assets, they offer limited liquidity relative to other investments and are highly cash flow dependent.  A vast increase in predictability of cash flow will make the property market more liquid over the next 20 years. This will be achieved through fast access to accurate data and the ability to communicate in real-time.

A concrete example for this trend is the success of leasing management tools such as Rialto which help asset managers monitor and forecast net operating income (rent minus costs, including interest). Outside of the rent, the other income sources such as debt financing or tax shelters are less predictable, given they depend on macro-economical factors.

In summary, if the traditional property industry doesn’t manage to answer the capital market demand for liquidity, their products will lose traction. This leaves room for adopters of technology that provide real-time information facilitating faster transactions and control to better hedge against risks.

Consolidation:

According to the Global Real Estate Transparency Index 2014 by JLL, only a couple of markets such as the UK, USA, Australia, New Zealand and France are fairly transparent in terms of real estate investments.

Indeed, real estate is very much a local affair, which gets reflected in a largely fragmented industry. I predict, though, that in the next 2 decades, due to the increased liquidity, there will be an increased opportunity for real estate investors to consolidate. On the one hand, intra-organisational transparency – enabling teams to collaborate and build together for success – will allow organisations to to adopt a multi-local approach. On the other hand, property technology will be key in unlocking the current challenge of access to local accurate information knowledge.

In summary, assuming technology will help create more transparent real estate markets, I believe the opportunity lies with investors cutting indirect investment lines and directly investing in those local markets.

What that means for now:

It’s time we all face today’s reality where well educated property professionals are left with tools from last century to operate their businesses. They need to manually hunt for information, dig through PowerPoints, coordinate their business over email and report over Excel. Businesses that are not ready to adopt technology, will see their market share shrink away by other companies that do embrace property technology to eliminate human errors and save time.

Existing powerful data processing already allows for visualisation of historical information. Mobile and cloud technology allows cross-organisational interfaces that protect the privacy of all companies and users. The mission of Rialto is to work on top of these ever more powerful technologies, to build a toolset for the commercial property leasing industry to collaborate over; therefore not only facilitate transactions faster, but also to build up business intelligence over time.

Company bio: Rialto

RialtoRialto is London & Europe’s Preferred Commercial Leasing Platform. Rialto helps landlords and agents in commercial properties collaborate on leasing activity in real-time. @getrialto

Twitter: – Linkedin: linkedin.com/company/rial-to

A contributor bio: Nicolas Kint

Nicolas is a 29-year-old millennial, part of generation flux. He holds a double MSc degree in economics and entrepreneurship from top-ranking universities, and is founder of Rialto. For the last 5 years, Nicolas has been working as an internet entrepreneur in the property industry, interviewing 200+ industry specialists, which resulted in bringing several innovative #proptech business models to this market, including Rialto, a leasing collaboration platform for landlords and agents in commercial real estate. @nicolaskint