For every business with a physical office or retail space, two financial elements are constants: rent and service charges. While rent escalations are often clearly defined in a lease agreement, service charges have the potential to be a source of significant financial variability. These charges, which cover the costs of maintaining and operating a building’s shared areas and facilities, can have a direct and severe impact on a tenant's bottom line. For landlords, the service charge isn't just...

Joy Muli, Valuation and Property Consultancy Officer In an era where environmental stewardship is a key driver of corporate and social responsibility, the traditional commercial lease is no longer sufficient. It lacks the clauses necessary to address the pressing issues of resource consumption and carbon footprint reduction. The strategic imperative for both landlords and tenants is to transition to Green Leases —agreements that legally bind both parties to a shared commitment to a building's...

Annetty Waweru Let’s be honest: being Gen Z in the workplace comes with its own storyline. I’m the one who types fast, adds emojis to messages followed by stickers, and says “real quick” before solving a problem that’s been lingering since 2015. Sure, I may not be besties with the office printer, but I do know how to turn a cluttered spreadsheet into a dashboard that actually works. And while I’m often the youngest in the room, being Gen Z isn’t just about age; it’s about bringing a fresh...