LOIS Leasing Blog

Lease management software for Australian retailers

Written by Stefan Iggo | Apr 10, 2026

Australian retailers typically manage lease portfolios spanning dozens to hundreds of locations, each with complex rent structures, critical review dates, and compliance obligations under AASB 16. LOIS is built for exactly this complexity. And unlike landlord-focused tools such as Re-Leased or PropertyMe, LOIS is purpose-built for tenants/occupiers managing their own lease obligations - bringing finance and property together in a single, unified platform.

The result: full AASB 16 compliance, automated rent review alerts, a centralised view of every lease across your entire portfolio, and an audit trail your finance team can stand behind.

Built for tenants/occupiers, not landlords

Tools like Re-Leased and PropertyMe are designed to help landlords and property managers administer their tenants' leases. LOIS works on the other side of the lease: helping tenants/occupiers - including Australian retailers - track their own obligations, calculate AASB 16 liabilities, and manage portfolio milestones across every store, distribution centre, or office in their network.

Five lease management challenges that cost Australian retailers time and money

Retail lease portfolios create a specific set of accounting and operational headaches that general property tools and spreadsheets cannot reliably solve. These five challenges come up consistently when talking to finance and property teams at Australian retailers managing multi-site portfolios under AASB 16.

01

CPI and market rent reviews across hundreds of leases

Manually tracking which leases are up for a CPI adjustment - and when - is unsustainable at scale. Miss a review date and you risk paying the wrong rent or losing a negotiation window you cannot reopen.

02

Turnover rent clauses that need accurate tracking and accounting

Turnover rent is common in retail leases, and managing variable rent components alongside fixed obligations - while keeping AASB 16 calculations accurate and audit-ready - demands more than a spreadsheet can deliver reliably.

03

Finance and property using different data for the same stores

When your property team manages lease events in one system and your finance team reports AASB 16 liabilities in another, discrepancies compound quickly. Reconciling the two at month-end is a recurring, avoidable cost.

04

No centralised view of expiries and options

With leases expiring at different times across dozens of locations, it is easy to miss an option exercise window or get caught in a holdover arrangement you did not plan for. Without proactive alerts, critical dates become reactive crises.

05

AASB 16 calculations across a large, diverse portfolio

Retail portfolios mix high-value flagships with smaller stores, pop-ups, and short-term leases - all requiring accurate right-of-use asset and lease liability calculations. The complexity multiplies with every modification, extension, or termination.

How LOIS solves each challenge for retail tenants/occupiers

LOIS maps its platform capabilities directly to the five problems above, so retail finance and property teams get targeted solutions rather than generic software. Each capability below corresponds to a specific retail pain point - from automated review alerts to a unified audit trail covering every lease in your network.

Automated rent review alerts - never miss a review date again

LOIS sends automatic reminders for upcoming CPI reviews, market reviews, and rent increase clauses across your entire portfolio. Your property team sees what is due and when, with enough lead time to prepare. The platform handles CPI adjustments across hundreds of leases simultaneously, removing the spreadsheet effort entirely.

Variable lease payments and turnover rent - recorded, tracked, and audit-ready

LOIS supports variable lease payments including turnover rent structures. Finance teams can record and manage variable rent components alongside fixed lease obligations, ensuring these are correctly accounted for under AASB 16 and maintained with a full audit trail. Every period-end reconciliation is backed by a clear, timestamped record of what changed and why.

Portfolio timeline for complete lease milestone visibility

LOIS gives your team a visual portfolio timeline showing every key event across all your leases - expiries, options, rent reviews, break clauses, and renewals - in one place. For retailers managing dozens or hundreds of stores, this replaces fragmented spreadsheets and calendar reminders with a single, reliable source of truth.

Unified platform for finance and property - one source of truth

LOIS connects your finance and property teams in the same system. Lease data entered by property flows directly into AASB 16 calculations for finance - no manual handoffs, no reconciliation gaps, no version control issues. Both teams see the same numbers, because they are working from the same data.

Automated AASB 16 / IFRS 16 calculations across the full portfolio

LOIS automates the full AASB 16 calculation process - right-of-use assets, lease liabilities, amortisation schedules, depreciation, and disclosures. Every modification is logged with a complete audit trail, so your finance team can produce accurate reports at period-end without the manual effort or audit risk that spreadsheets create.

Full audit trail for every lease modification

Every change to every lease - whether a rent modification, scope reduction, or early termination - is captured automatically in LOIS with a full, timestamped audit trail. When auditors ask questions, your team can answer them with evidence, not approximations.

Key features for Australian retail lease management

LOIS gives Australian retail tenants/occupiers nine core capabilities that cover the full lifecycle of lease accounting and property management - from automated AASB 16 calculations and rent review alerts through to cost benchmarking by square metre and a fully managed service option for teams that prefer expert-led delivery. As of April 2026:

  • Automatic reminders for rent reviews, lease expiries, and option exercise windows
  • Single source of truth unifying property and finance data across every location
  • Cost comparisons by square metre to benchmark store performance and support renegotiations
  • Proactive portfolio alerts and workflow approvals between property and finance teams
  • Automated AASB 16 / IFRS 16 calculations for income statements, cash flow, and balance sheets
  • Variable lease payments supported - including turnover rent structures, recorded and maintained with a full audit trail
  • Full audit trail for every lease modification, reassessment, and termination
  • Scalable from 30 to 10,000+ leases - grows with your retail network without performance trade-offs
  • Managed service available - LOIS experts handle monthly calculations, journals, and audit-ready reporting on your behalf

Trusted by organisations managing complex, large-scale portfolios

LOIS currently manages over AUD 54 billion in lease portfolio assets for organisations across retail, logistics, mining, and financial services in Australia and New Zealand - making it one of the most proven platforms in the region for large, complex portfolio management under AASB 16 and IFRS 16.

Over AUD 54 billion

in lease portfolio assets currently managed on the LOIS platform across retail, logistics, mining, and financial services organisations in Australia and New Zealand

LOIS is built and supported by CA-qualified lease accounting experts - not just a software support team. Customers work with leasing specialists who understand AASB 16 in practice, providing the confidence and guidance that goes well beyond platform onboarding. The platform is designed for rapid implementation, with standardised upload templates and pre-configured workflows that get retail organisations up and running quickly, without months of disruption.

For retailers facing an upcoming audit, a portfolio expansion, or the point where manual spreadsheet management has simply become unsustainable, LOIS provides the controls, automation, and expert backing to move forward with confidence.

See how LOIS works for Australian retail lease portfolios

Book a no-obligation demo with a LOIS lease accounting specialist. We will walk through your portfolio structure, your AASB 16 obligations, and exactly how LOIS would work for your organisation.

Book a demo

Frequently asked questions

Does LOIS handle turnover rent clauses?

LOIS supports variable lease payments, which includes turnover rent structures common in Australian retail leases. Finance teams can record variable rent components alongside fixed obligations, track changes over time, and maintain a complete audit trail. This ensures variable payments are correctly accounted for under AASB 16 and that every period-end reconciliation is fully documented.

What lease accounting software do Australian retailers use?

Australian retailers managing multi-site portfolios under AASB 16 use a range of tools, from spreadsheets at smaller operators through to dedicated lease accounting platforms such as LOIS, MRI Lease Accounting, and Nomos One. LOIS is purpose-built for tenants/occupiers - rather than landlord-side property management - and is designed specifically for the scale and complexity of retail lease portfolios, including automated AASB 16 calculations, CPI rent review alerts, and a unified platform for finance and property teams.

How does LOIS differ from Re-Leased for retail tenants?

Re-Leased is a property management platform designed primarily for landlords and property managers to administer their tenants' leases - tracking rent receipts, managing tenancy agreements, and handling property maintenance from the owner's perspective. LOIS is built for the other side of the lease: retail tenants/occupiers who need to manage their own lease obligations, calculate AASB 16 right-of-use assets and lease liabilities, track rent reviews and expiry dates, and produce audit-ready accounting outputs. If you are a retailer managing your own store leases, LOIS is the appropriate tool; Re-Leased is not designed for this use case.

Is LOIS compliant with Australian retail lease legislation?

LOIS automates compliance with AASB 16 (the Australian equivalent of IFRS 16), which governs how lessees must recognise and report right-of-use assets and lease liabilities on their balance sheets. Australian retail leases are also subject to state-based retail tenancy legislation, which governs commercial terms such as permitted rent increases, disclosure obligations, and dispute resolution. LOIS handles the accounting compliance layer - AASB 16 calculations, audit trails, and financial reporting - and helps retail tenants/occupiers stay on top of key dates and obligations under their individual lease agreements. For legal advice on specific retail lease legislation, organisations should consult a qualified commercial property lawyer.