Real estate accounting

Experienced and robust real estate accounting services

Managing your real estate accounting and reporting requirements can be onerous, especially when it comes to taking care of the more diversified areas of your portfolio. Operating internationally has become more challenging and complying with ever-changing laws and regulations across each jurisdiction (whilst satisfying ever more demands for more transparency, data, and reports) can be especially burdensome and easily distract you from generating value.

Experts in commercial real estate accounting

With over 4000 employees around the world, our dedicated accounting teams are veterans in all areas of real estate financing, acquisition structures and real estate assets including commercial, logistics, shopping centres, industrial business parks, retail parks, residential and hotel.

We can assist you with establishing and administering real estate structures for the purpose of acquiring and disposing of assets, introducing, or restructuring bank finance, facilitating the new joint venture partners, implementing development works and the long-term holding of assets. And, we can help you navigate complex global and local regulations and reporting requirements.

With our best-in-class technology platform for integrated property management, Yardi, we can help you to automate your accounting and reporting processes, giving you everything you need to stay ahead of the curve and unleash your potential.

Our PropCo accounting services include:

• Accounting property manager transactions – income or expenses, cash, receivables or payables and void costs
• Accounting asset manager transactions – acquisition or sale of assets and valuations
• GAAP/IFRS accounting adjustments – lease incentives and straight-lining, currency conversions and depreciation or impairment
• Property level and corporate fees, taxes and other accruals bookings
• Reconciliation of bank accounts
• Customised management company accounting pack and MIS reporting
• Financial statements
• Annual audit support
• VAT and local tax reporting
• Statutory filings

Our HoldCo accounting services include:

• Equity pick up from PropCo
• Debt related transactions
• Hedging transactions
• HoldCo level expenses
• Currency conversion and consolidation
• Monthly or quarterly management accounts
• Financial statements as per local GAAP or IFRS
• Annual audit support
• VAT and other local tax reporting
• Statutory filings