For those who lease and re-let at the same time
If you lease spaces and re-let them on a sublease, spreadsheets and regular tools get confused: where's the lease contract, where's the sublease, who owes whom and how much, what's your margin. KX Estate tracks both sides on one property and shows the real yield.
Dual role — double the confusion
Two contracts per property
You lease a space and re-let it — these are two different contracts with different parties.
Unclear margin
How much do you actually earn on the property after lease costs?
Payments in both directions
You pay the landlord and receive from the subtenant — on different dates.
Both sides and the margin — on one property
On each property, KX holds the lease contract (your expense) and the sublease contracts (your income), plus utilities. Margin and yield are calculated automatically, and the payment schedule works in both directions.
Lease + sublease + utilities
All on one property, with separate tracking for each contract.
Margin = income − your lease cost
See the net result and yield per property.
Bank reconciliation both ways
Incoming from subtenants and outgoing to the landlord.
If your model is to lease and re-let
Subleasing commercial space
You took a building or floor and re-let it as units and offices.
Coworking spaces and markets
One large space → spots, kiosks, units for sublease.
Management companies
You manage others' properties and hold your own on sublease at the same time.
Lease and sublease — frequently asked
How is sublease accounting different from a regular lease?
With a sublease you have two sides on a single property: the contract under which you lease the space (an expense), and the contract under which you re-let it (income). The real picture is the margin between them. KX tracks both sides on one property and shows net income and yield after your lease costs.
Can utilities be tracked separately?
Yes. Utilities and service charges are tracked as separate line items on the same property — you can see what's included in the rate and what's re-billed to the tenant.
Is this suitable for coworking spaces and markets?
Yes. If you lease a large space and re-let it in parts — spots, kiosks, units — KX tracks each sub-contract, its payment schedule, and the overall margin on the property.
Do regular lease-accounting tools have this?
Rarely. Most tools account for only one side — either you're the tenant or the landlord. KX is built for the dual role from the start: lease, sublease and utilities on one property with margin calculation.