Effective from 2019, International Financial Reporting Standard (IFRS) 16 will change the accounting practices for occupiers of real estate, eliminating off-balance sheet reporting and requiring them to recognise most leases on balance sheets as liabilities.
Since any lease obligation of less than 12 months is exempted and can still be booked as an expense, the latest realestate market research reporting expects more occupiers to increasingly look for shorter term leases and increase their use of flexible space.
That’s where we come in;
We convert buildings into collaborative communities adding a rich culture layer to our workspaces & services which provide a platform for all to build their business!
We have invested heavily to deliver a unique and unmatched experience which enables companies of all sizes to simply immerse themselves into.
We understand the power of community, health, wellness, fuel & mindfulness to help elevate your brand, people & culture taking them to the next level