Tuesday 4 November 2014

Property Portfolio Strategy In Beaconsfield

strategy 

Business takes a long-term view on a number of key operational areas.  A company will adjust their strategy to reflect Political, Economic, Social and Technological changes, actual or perceived.  Despite the fact it provides the fabric for the operation of the business and the scale of the lifetime cost of property to a business there is often no strategy in place for the property portfolio.

In some cases a strategy was created but it has been left in place for several years without review, despite changes to the business and its operating environment over that period.

Strategy for the property portfolio, even if it is just one property, needs to be created.  It has to be able to adapt and change as the business, and, the environment the business is in, flexes and evolves.
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Property Portfolio Risk Analysis In Beaconsfield

portfolio 

 Data on an occupiers portfolio is often pulled together from various sources and, unless audited, creates risk for the business from errors that can exist when data is not checked to source.  This entails cross checking lease documents and invoices to assess the veracity of the data sheets that circulate within property departments.

The basic lease data needs to be put in to the context of the business, and, in particular, the total cost of space to the business.  From that is then the benchmarking of space – its cost and use.  From that comes an assessment of the risks and opportunities that the analysis allows us to identify.  For the business that is then the first step to developing the Property Strategy.