Property management system
Estatelab is designed for everyone managing commercial property, from the smallest operators to the largest. Bring leases, tenants and financial follow-up together in one system, whether you own property, manage the accounts or manage properties for others.
MONTHLY RENT
NOK 2.48 million
Drammensveien 127
WALT
4.4 years
Updated
For the people behind the properties
Property owner
Get an overview of properties, rental income and agreements. Generate reports and monitor your portfolio using the same information as your accountant and property manager.
Accountant
Bring leases and supporting documents together as a foundation for financial workflows. Connect rent invoicing, CPI indexation and service charges to the accounting system.
Property manager
Bring tenants, leases and documents together across buildings. Track guarantees, expiries and rent indexation with a clear view of the applicable terms.
When the property owner, accountant and manager work from the same up-to-date data, collaborating and managing the properties correctly becomes easier.
Leases and documents in one place. A shared foundation for following up guarantees, deadlines and rent indexation — from the smallest property businesses to the largest.
Bring agreements and documents together. Keep track of guarantees, lease expiries and the dates you need to follow up.
Manage rent adjustments, allocation and reconciliation with the lease data in one place.
Generate reports and connect billing data to financial workflows through integrations with Tripletex, PowerOffice and Finago.
Let lease and billing data continue through the workflow. See what each integration supports and how it fits your accounting system.
Three worked examples show what time spent, incorrect dates and missing security can mean. The figures use the assumptions below — they are not customer figures, a documented industry average or guaranteed savings.
Worked example 1
NOK 42,000–56,000
Estimated annual labour cost
10 buildings × 3–4 hours × NOK 1,400 per hour. This amounts to 30–40 working hours for the portfolio, based on one annual reconciliation per building.
10 buildings. One reconciliation per building per year. 3–4 hours per building and an estimated hourly cost of NOK 1,400. The time estimate is chosen for this example, not a measured industry average. The calculation excludes any VAT.
10 × 3 × 1,400 = NOK 42,000 10 × 4 × 1,400 = NOK 56,000
This is an estimated labour cost, not a saving promised by Estatelab. For employees, it represents the value of time spent; for an external accountant, the invoice depends on the pricing agreement.
Leases, allocation data and documents in one place create a more structured workflow. Actual time savings must be measured in your own reconciliation process.
Worked example 2
NOK 15,927
Additional amount invoiced over five years
The lease says November, but Excel says October. With annual rent of NOK 1.2 million and 3% annual indexation, repeating the same date error five times results in around NOK 16,000 in additional invoiced rent.
Annual rent before the first adjustment: NOK 1,200,000. Monthly invoicing. We assume 3% annual indexation with compounding. The correct month is November; the incorrect month is October. The example isolates the date error: the same percentage, other lease terms and invoicing in both cases. VAT is excluded.
Additional amount invoiced in year one: 1,200,000 × 3% ÷ 12 = NOK 3,000. Total over five years: 3,000 × (1 + 1.03 + 1.03² + 1.03³ + 1.03⁴) = NOK 15,927.41.
Year 1: NOK 3,000.00 Year 2: NOK 3,090.00 Year 3: NOK 3,182.70 Year 4: NOK 3,278.18 Year 5: NOK 3,376.53
The amount is the difference from the agreed indexation date. The error may require credit notes or refunds, as well as reconciliation work. The actual amount depends on the lease, the index basis and the adjustments. Potential interest and other consequences have not been calculated.
Keep indexation terms and dates with the lease, and check the inputs before adjusting rent and invoicing.
Worked example 3
NOK 600,000
Agreed security that is missing
A tenant exercises an option for five more years, but the guarantee expires. With annual rent of NOK 1.2 million and an agreed guarantee of six months' rent, the landlord is missing NOK 600,000 in security when the tenant goes bankrupt three years later.
The option is exercised correctly and extends the lease by five years. The previous guarantee expires at the start of the option period and does not cover new claims after that. The agreed security is six months' rent. Annual rent remains constant at NOK 1,200,000 in this example; CPI and VAT are excluded. Bankruptcy occurs after three years.
1,200,000 ÷ 12 × 6 = NOK 600,000. This is the guarantee amount that should have been in place, not an estimated or confirmed loss.
2 × 1,200,000 = NOK 2,400,000 in remaining contracted gross rent. This is exposure, not a confirmed loss. It should not be added to the guarantee amount.
The landlord lacks the agreed security for claims that might otherwise have been covered. Actual loss depends on factors including unpaid rent, what a valid guarantee would have covered, the bankruptcy proceedings, re-letting and any costs. The full remaining rent is not automatically lost.
Review the option period, lease expiry and guarantee expiry together. Keeping documentation in one place makes it easier to check that security covers the extended tenancy.
Good to know
Start with the tasks you want better control over, not just the number of buildings.
Yes. Estatelab is designed for everyone managing commercial property, from the smallest operators to the largest. You may own the properties, manage them for others or handle accounting for property clients. The need for visibility also depends on the number of tenancies, lease terms and how you work together.
Estatelab brings property and lease data together and connects it to financial workflows. The accounting system retains its role. The Tripletex, PowerOffice and Finago integrations have different functionality — see their integration pages for details.
Leases, documents and dates in one place provide a shared basis for following up guarantees, expiries and CPI indexation. Correct terms and inputs must still be recorded and checked. A system does not replace assessment of the individual agreement.
We start with your role and the tasks you want to solve. We can review lease visibility, documents, deadlines, reporting and the connection to accounting, and look at how you work today.
One commercial unit or a large portfolio? We start with your role, your properties and the way you work.
30 minutes · A review based on your needs
