Time lost
Teams are spending days abstracting each lease manually, then digging back through the PDFs for an answer someone needed yesterday.
Lease administration and accounting for global retail.
Put every lease fully in play, not just the parts your accounting standard needs. Every date, amount and mechanism, connected back to the clause it came from.
Filter the portfolio
EUR · m²
Stores
157
+12 this year
107 active
13 future
15 holdover
Expiries by year
Rent performance · trailing 12 months
Base rent
€59/m²
Gross rent
€69/m²
Sales
€486/m²
Occupancy
12.1%
Upcoming notice deadlines
London Regent Street
Break notice
in 1 day
Groningen Herestraat
TI allowance
in 23 days
Milan Via Montenapoleone
Break notice
in 55 days
Eindhoven Piazza
Renewal option
in 3 months
The opportunity
The hidden costs in every lease you manage
Silent leakage
Break options slip past before anyone uses them as leverage with a landlord, and invoices get paid without a check against what the contract says is owed.
Uncertainty
Finance and real estate work from different figures, and nothing connects the reported number back to the lease that produced it.
Retail is optimizing in every aspect.
Leases are still untouched.
Bring efficiency to your group now!
Our approach
Structured from the source
Your lease terms have sharp edges. Kestrel keeps them and computes them. Each lease is built around what the document actually says — every figure linked to its clause, every mechanism recalculating when its inputs move or become known. The number in the board pack is the number in the contract.
Timeline · next 90 days
9 events
London Regent Street
Break notice
in 1 day
Rotterdam Lijnbaan
TI allowance
in 12 days
Groningen Herestraat
TI allowance
in 23 days
Antwerp Meir
Renewal option
in 38 days
Milan Via Montenapoleone
Break notice
in 55 days
Lisbon Chiado
Rent review
in 61 days
Vienna Kärntner Straße
Break notice
in 74 days
The Hague Passage
Renewal option
in 3 months
Barcelona Diagonal
Rent review
in 4 months
Abstraction · Barcelona Diagonal
30 min · reviewed
cl. 8.2 “The Tenant may terminate this Lease from the fifth anniversary, subject to not less than twelve (12) months’ prior written notice.”
Linked to source
Break date
cl. 8.2
01 Nov 2029
Notice period
cl. 8.2
12 months
Notice deadline
derived
01 Nov 2028
Rent review
cl. 6.1
Annual · CPI
SC Cap
cl. 9.4
€42 / m²
IFRS 16 · liability schedule
Posted
Liability at inception
€2,308,211
ROU asset at inception
€2,308,211
| Period | Interest | Payment | Closing |
|---|---|---|---|
| 2026 | 94,637 | 286,000 | 2,116,848 |
| 2027 | 86,791 | 286,000 | 1,917,639 |
| 2028 | 78,623 | 286,000 | 1,710,262 |
| 2029 | 70,121 | 286,000 | 1,494,383 |
| 2030 | 61,270 | 286,000 | 1,269,653 |
Portfolio · at a glance
157 stores
Occupancy cost
Trailing 12m
12.1%
Rent per m²
Trailing 12m
€59 / month
Savings
Year to date
€1.24m
LL concessions
Year to date
23 secured
Leases expiring
24 months
49
Largest landlord
Share of rent
18.2%
Renewals
12 months
18
Break options
24 months
31
Countries
Live
20
Coverage
Any portfolio, anywhere you trade.
Built for complex global operations. Designed to seamlessly process every agreement, currency, and structure across your organization.
Bring your lease contracts to life.
Take control of your portfolio.
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Bring us your most complex lease.
We would rather show you than tell you. Send the lease you would least like to abstract manually, and we will run it through with you.