That Retail Property Guy
Welcome to That Retail Property Guy, the podcast where retail property expert Gary Marshall champions retail tenants and empowers professionals across the industry. With a career spanning decades, a dozen retailers, and millions in recovered losses for leading UK retailers, Gary shares his unparalleled knowledge to help retail tenants protect their rights, navigate leases, and maximise opportunities often overlooked by landlords, estates and accounts teams.
This podcast is your go-to resource for unlocking the mysteries of retail property. Whether you're an experienced professional, a mid-sized chain, or someone just starting in the industry, Gary’s insights will help you build confidence, avoid pitfalls, and thrive in this complex field.
Through practical advice, real-world examples, and interviews with industry leaders, That Retail Property Guy is dedicated to fostering development and knowledge-sharing for the next generation of retail property experts.
Listen weekly and discover how small insights can lead to big wins for retail tenants everywhere. Start your journey to retail property mastery today!
That Retail Property Guy
The Money-Making, Efficiency-Finding Venn Overlap: the Property Accounts-Payable Team
The Intersection of Estate Management and Property Accounts Payable: Insights and Stories
In this episode of 'That Retail Property Guy,' host Gary Marshall dives deep into the intricate relationship between estate management and property accounts payable from a retailer's viewpoint. Gary shares vivid stories and valuable insights about the significance of this overlap, emphasising the importance of collaboration between accounts payable and asset managers. He discusses the challenges and rewards of forging strong links between these teams, the complexities of property cost management, and the potential financial risks involved. Through real-world examples and a detailed examination of processes, Gary highlights the necessity of strong personal interaction and specialised knowledge within property accounts payable teams. Listeners are encouraged to consider their own teams' efficiencies and effectiveness in managing these crucial functions.
00:00 Introduction to That Retail Property Guy
00:24 The Overlap Between Estate Management and Accounts Payable
01:34 Challenges in Property Accounts and Asset Management
03:43 Comparing Property AP to GNFR
04:42 The Complexities of Property Lease Payments
06:35 The Role of Automation in Property AP
07:16 Dealing with Misallocated Payments
09:47 Understanding Commercial Rent Arrears Recovery (CRAR)
10:53 The Importance of a Competent Property AP Team
13:00 Conclusion and Final Thoughts
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Go to ThatRetailPropertyGuy for more on Gary Marshall, Smarter Estates and the TRPG podcast.
For Estate Management services, visit SmarterEstates
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