Number of leases
What is it?
Number of contracts represents the number of contracts that exist at a given time. The key figure can be used in combination with various filters to obtain, for example, the number of terminated contracts.
How is it calculated?
Number of leases = Total number of leases
* Should be used with filters to, for example, find out how many terminated agreements there are.
Why is it important to follow?
Carefully monitoring the number of contracts is crucial for effective property management. By maintaining an up-to-date overview of the number of contracts, the organization gains insight into its current property portfolio and can track various aspects such as the number of active contracts, terminated contracts, contracts under negotiation, and more. This information forms the basis for strategic decisions regarding portfolio management, budgeting, negotiation strategies, and business development. With a clear understanding of the contract landscape, the organization can efficiently plan and allocate its resources to achieve its overarching goals and maximize the value of its property portfolio.
Created by Homepal
2/16/2024
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