Property Solutions has a long history of partnerships with some of the UK’s top academic institutions to produce industry leading research into the commercial service charge management industry to promote effective benchmarking metrics that can be used by property landlords and occupiers.
To download associated research reports and publications please visit our Publications page.
Property Solutions worked with Kingston Business School and the School of Surveying on various research initiatives. This valuable partnership covers different aspects of service charge management, including compliance with the RICS Code of Practice, accounting standards and practice in the commercial service charge sector, the prevalence of sinking funds and associated tax issues. The latest initiative is the Service Charge Operating Report (SCOR) publication, providing a comprehensive analysis of service charge costs and compliance with best practice.
University of Bath
Property Solutions has been working closely with the University of Bath and the School of Management since 2008. The company has been employing students on placements for a few years and in 2011 began to offer MBA research projects. The conclusions and recommendations produced by the first project are currently being implemented by the business. Property Solutions finds the outputs of academic work extremely valuable and therefore encourages industry research and innovation. Property Solutions also frequently attends various events organised by the School of Management, such as Change Management Forum and MBA South West Network.
London Business School
Two studies have been undertaken by teams of MBA students from London Business School to ascertain and analyse the views of industry stakeholders including landlords, tenants, agents, RICS members and others. The purpose of this research is to determine an agreed way forward for the industry to achieve improvements in the management of office buildings and service charges.
The second LBS research project was released at Property Solution’s service charge seminar on 26th November 2009. The report carries out a macro-economic analysis of the effect of the credit crunch and resulting economic downturn on commercial multi-let office property focusing on service charges and determines how the effects of the financial crisis are impacting different stakeholder groups.
Property Solutions worked closely with Loughborough University and Dr John R Calvert from 2003 to 2009 on the collection, analysis and reporting of service charge data through the publication of the Loughborough Report. The annually updated Loughborough Report is the most comprehensive investigation into the cost of service charges, the management and delivery of services in multi-let offices and is the only benchmark of compliance with the RICS Code of Practice for Service Charges in commercial property.
The Loughborough Report 2009: Commercial Property Service Charges was released at the Property Solutions sponsored service charge seminar “Change we can all believe in” in November 2009.