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After 12 years of experience and measuring 5 million sq.m of commercial buildings areas, the Geodetic company in consultation \u00a0with commercial property owners has created a tool that eliminates mistakes in managing areas for lease purposes. What is managing with the Geodetic Rent-Roll (GRR) like? How much information is stored and provided by this calculator? How secure is the data and what locks have been put on the tabs in GRR? What benefits do managers get from using this tool?<\/strong><\/p>\n \u00a0<\/strong>[\/vc_column_text][\/vc_column][vc_column width=”1\/3″] \u00a0<\/strong> Geodetic Rent-Roll was created in 2019 and is a tool used for managing commercial property areas. It is a combination of rent-roll and the results of area measurement and allows for automatic data generation essential for the invoicing process. It is a tool containing separate tabs for the manager and the area measuring\/calculating team, secure data and encoded cells. The features mentioned are just a fraction of what the tool offers. On one hand the sides have limited access to certain data, and on the other hand there is control over the values generated for lease agreements (lease area, floor R\/U Ratio and building R\/O Ratio). This provides the manager with 100% certainty that correct values have been used in invoices and lease agreements. Geodetic Rent-Roll was first implemented in an investments in Gdynia and \u0141\u00f3d\u017a. Why have we developed\u00a0 our own calculator for managing areas for lease purposes?<\/p>\n \u00a0<\/strong> [\/vc_column_text][\/vc_column][\/vc_row][vc_row][vc_column width=”5\/6″][vc_column_text]<\/p>\n [\/vc_column_text][\/vc_column][vc_column 0=”” width=”1\/6″][\/vc_column][\/vc_row][vc_row][vc_column 0=””][vc_column_text]<\/p>\n \u00a0<\/strong> It is a classic and widely made mistake. Thanks to the use of created algorithms and formulas, locked cells in excel, references to measurement or area calculation values in the rent-roll, GRR prevents from any changes of the Gross Area of a building resulting from a change in tenants. After announcing that we were going to bring GRR to the market and organized the premiere training, the first remarks made concerned two issues. The first objection concerned the fact that the floor R\/U Ratio and the building R\/O Ratio are subject to change as a result of modifying tenant distribution or a different space plans. It was also mentioned several times, that in the end the Gross Lease Area is subject to change as well. A change in the value of the floor R\/U Ratio, and as a result a change in the tenant\u2019s Net Area of the floor in mentioned cases is obvious. But the Gross Building Area can\u2019t be subject to change while using the same measurement standard. The building, after all, doesn’t increase and doesn’t decrease. Next objections were a reaction to \u00a0the problem of discrepancies in areas. The training listeners claimed that such differences can occur only when the area measurement standard is changed. The remark is obvious. In a situation where we use different standards, we finally get different values. It comes from the fact that each of the standards dictates different rules of measurement. However, it\u2019s about other reasons here. Let’s assume that the office building is leased according to the BOMA Office standard. And the building is managed for lease purposes for years using only this standard. Then despite applying the same measurement standard, when the number and distribution of tenants is changed, the managers get different results \u2013 the building area is different.<\/p>\n \u00a0<\/strong> [\/vc_column_text][\/vc_column][\/vc_row][vc_row][vc_column 0=”” width=”1\/6″][\/vc_column][vc_column width=”5\/6″][vc_column_text]<\/p>\n [\/vc_column_text]New quality of lease management<\/strong><\/h4>\n
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\u201e3 years ago, three tenants shared the floor. As of today, this floor is occupied only by 1 tenant. Despite using the same area measurement standard, we get a different floor areas. As a result we have a different a building area than 3 years ago. Why is that?\u201d<\/h4>\n<\/blockquote>\n
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The building increases and decreases in size<\/strong><\/h4>\n
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The number of tenants can\u2019t influence the building area. A building measured using the same standard always has to be the same size. The record differences in building areas over 5 years of management were up to 30%.<\/h4>\n<\/blockquote>\n