TRANSFORMING THE WAY THE WORLD WORKS

Lease Management FOR REAL ESTATE OCCUPIERS, OWNERS, RETAILERS AND INVESTORS

Manhattan Lease Management forms part of the Manhattan Integrated Workplace Management Solution, used by owners, occupiers, retailers and investors worldwide.

This technology provides the tools needed to accurately plan, track, manage and maintain all aspects of both real estate and capital assets for leased and owned portfolios in one system.

The predesigned application ensures accurate, real time visibility of your real estate, leasing and financial data.

Solution

Integrated RE/Workplace Management System Contact Us realestate.trimble.com US: +1 508 381 5800 EU: +44 (0)207 269 8500 AUS: +61 2 8059 6700

PRODUCT DATASHEET

TRANSFORMING THE WAY THE WORLD WORKS

© 2016 Trimble Navigation Limited. All rights reserved. Trimble and the Globe & Triangle logo are trademarks of Trimble Navigation Limited, registered in the United States and in other countries. All other trademarks are the property of their respective owners.

Lease Management FOR REAL ESTATE OCCUPIERS, OWNERS, RETAILERS AND INVESTORS

With the increasing need for optimized

cost control and financial statement

transparency (FASB-IASB guidelines),

lease accounting and administration

is now a critical function responsible

for accurately managing and reporting

significant real estate obligations.

Used by occupiers, owners, retailers and

investors worldwide, Manhattan Lease

Management is used to record multitudes

of transactions including rent payments,

common area charges, taxes, insurance,

percentage rent, operating expenses,

tenant improvement reconciliation,

recovery and sublease payments, and

more.

As well as complying with current and

upcoming IASB-FASB guidelines the

system contains international tax

calculation abilities, multi-currency

functionality with single currency rollup

calculations, and multiple sub-ledger

recording.

Event-driven diary management helps

manage common critical dates such as

expirations, options, and insurance. It

also allows user-defined warning periods,

and is compatible with third-party email

applications.

Mapping integration enables you to

quickly navigate through your entire real

estate portfolio. You can use Manhattan

to automatically map all of your regions,

buildings, floors, spaces and assets to

leases, payments and reports. You can

also customize global currency and floor

area measurement conversions to meet

specific needs.

Whether you are a lease administrator

managing day-to-day operations or a

senior Senior Vice President making

strategic decisions, Manhattan will

dramatically improve your leased or

owned real estate performance.

Benefits

f Improves productivity by automating expensive and time consuming manual and/or non-integrated processes

f Supports both current and future FASB-IASB accounting and reporting guidelines

f Utilizes new models for determining lease-build-buy decisions based on detailed locational, financial and environmental data

f Eliminates the risk of missing key dates, insurance renewals, maintenance issues, and rent reviews by taking advantage of critical date tracking with alerts

f Visualizes the performance of any leased property through dashboards and reports or on a map

f Includes advanced forecasting and modelling capabilities whichs allow managers to create future leasing scenarios with assumptions

f Provides access to documents anywhere, anytime from one centralized, secure location, including scanned leases, amendments, photos and floor plans

f Manages the full percentage rent process

f Provides immediate access to business intelligence to help make timely, accurate property management decisions

► Integrates with third party systems, including the corporate ERP using Manhattan integration links

Contact Us realestate.trimble.com

US: +1 508 381 5800

EU: +44 (0)207 269 8500

AUS: +61 2 8059 6700

SUPPORT FOR FASB-IASB GUIDELINES

We have been thoughtful and deliberate in the development of our financial

software. The functionality which will support the initial recording of leases for

retrospective reporting requirements effective Jan 1, 2017 includes:

► Lease Classification – Systematically classify leases for FASB vs IASB and Lessor

(Operating, Finance and Sales type leases) vs Lessee (Finance and Operating)

► Ability to quantify Lease Asset and Liability – Systematically calculates the NPV of

the Lease Liability and Right of Use Asset and provides for user initiated modifications

► Ability to capitalize the Lease Asset and Liability – Systematically records the

initial Lease Asset and Lease Obligation on separate dedicated balance sheets

► Supports Multiple Sub-ledgers – Manhattan supports multiple dedicated

sub-ledgers for current GAAP as well as upcoming FASB and IASB for retrospective

reporting