Our extensive package of services that covers the active and value-oriented management of real estate and portfolios for national and international clients also includes real estate accounting services to the highest standard. Whether an individual property or large property portfolio: We know how to lay the groundwork to ensure that professional accounting increases the value of real estate. This applies to the office asset class and equally to properties in retail, logistics, the hotel business and shopping centers.
Focus on client requirements
As an experienced and skilled provider of real estate services, we are well able to focus our activities on the individual requirements of our clients. We know that our clients need a reliable basis in their accounting for their decision making, particularly in our fast-moving modern-day world when changes in the market frequently have to be factored in. With our clients-centric real estate accounting services, we can use accounting to provide our clients with important insights into their real estate portfolios at any time.
Our aim is to realize our clients’ goals through the continuous improvement of our accounting processes. We offer our customers skilled professionals, as well as the best possible platform and technology that are geared to implementing their specific requirements in the field of real estate accounting services.
In using our real estate accounting services, clients have a guarantee that innovative tools for efficient processes automated to the greatest extent possible are deployed for their accounting operations, for invoice processing or online payment transactions, for example. Our real estate accounting services teams are trained in using many different accounting systems so that our clients can access their accounting based on their preferred software platforms. Clients can also opt to have us host their data and for it to be processed in a secure IT environment.
Real estate accounting
We prepare the accounting of our clients at property level. This includes the booking of debtors and creditors, general ledgers, as well as accruals and deferrals and provisions, to name a few examples. Reports are prepared on a monthly, quarterly and annual basis, and their accuracy complies with bank requirements. We also work for companies regulated by BaFin, the German federal financial supervisory authority, and manage their real estate. Real estate accounting forms part of the services for which we have taken a leading position in the market.
We have a dedicated area in the field of real estate accounting services for corporate accounting. We book the company costs for SPVs, take care of payment transactions and assume responsibility for cash management and reporting. Moreover, our globally active network is one of our strengths. We can draw on this network to enable companies to have their accounts prepared internationally by CBRE.
Incidental cost management
We prepare incidentals statements and analyses with meticulous reliability: Our core services comprise incidentals accounting and billing, the analysis of incidentals and preparing incidentals statements. We review the incidentals statements of lessees who operate nationwide and rent properties in different locations. Upon request, we will contact the owners to obtain professionally prepared incidentals statements for our clients.
CBRE has its own department for collecting rental payments, a service that not many real estate service providers can offer. Our clients need look no further for a debt collection service provider. The tasks we assume include the permanent monitoring of receivables, receivables management, arranging personal meetings with the tenants, agreements on payments in instalments and acknowledgement of debt.
Please get in touch with us if would like to find out more about our real estate accounting services. Our experts are at your disposal with comprehensive information.