Occupier_News_Q32016_Global

EVENTS

Full House at Lease Accounting Breakfast Seminar in London The EMEA GOS Team held a session for clients and employees, “A new era for lease accounting – are you ready?” which addressed the new lease accounting standard, IFRS 16. In January 2016, the IASB released a new lease accounting standard, IFRS 16. This was closely followed by the publication of a new standard from the FASB, governing body responsible for US GAAP, in February 2016. This represents a fundamental shift in the approach to reporting lease obligations and will have significant knock on effects for Corporate Real Estate, from strategy and policy setting at one end of the spectrum to data management and reporting at the other.

PDS Summit in Chicago More than 40 professionals attended the two-day PDS Americas Leadership Conference in Chicago. The meeting objective was to communicate and integrate PDS’ operating platform for each region, product and specialty area to successfully drive strategy, integration, adoption and execution for growth. The conference started off with a conversation from Tod Lickerman , Global President; Joe Stettinius , Chief Executive – Americas; and Shawn Mobley , President, East Region. Following the overview, Steve Quick , Chief Executive, GOS, and Kay Barrett , Senior Vice President, PDS, GOS, discussed PDS’ objectives, differentiators, strategy and integration. They also noted the opportunity the firm has to leverage the PDS practice to drive growth.

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