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.
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