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Real Estate Operate

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Anticipating changes in corporate real estate

Businesses and organizations that tackle challenges in real estate operations today will have a likelier chance of addressing these continuing and forthcoming trends in the next 15 years:

Problems corporate real estate clients are facing today

CFOs and chief real estate officers are facing a variety of common issues across all aspects of real estate management and operations, including tax, accounting, IT, and portfolio management.

Attracting and retaining talent

Many businesses are having a hard time with absorbing employee turnover and recovering from the COVID pandemic and the Great Resignation; addressing backoffice employee vacancies; unable to compete in the labor market given limited resources; and a lack of clarity when addressing an uncertain AI-driven future.

Sub-optimal technologies

This includes being unable to meet the need for a data-driven strategy, lacking IT support for a 24/7 workforce, and suffering from an inability to respond to rapidly changing technology and data requirements.

Changing regulatory environments

Challenges on this front include struggling to address a rapidly changing regulatory environment; challenges navigating complex, high-risk tax issues with employees who are unfamiliar with the issues; difficulty navigating ever-changing legislation and reporting requirements; and an ongoing struggle with maintaining compliance with revised Lease Standards.

Roadblocks to accurate reporting

Teams often have trouble with accurate reporting on complicated fact-patterns; an inability to recognize tax opportunities such as credits, ESG incentives, and structuring; and improper key performance indicators for measuring and reporting on ESG initiatives.

Solutions for real estate operations challenges

Our Operations Transformation and Managed Services team can address a variety of solutions and approaches to current and emerging real estate challenges. Our approach focuses on four key sources of action: strategizing with data to increase forecasting and reporting accuracy, streamlining processes to optimize operating models, manage risk to increase operations resiliency, and reduce costs to balance an organization’s real estate spend.

Modernized corporate real estate operations transformation offers businesses a competitive advantage in a world marked by dynamic disruptions

Ready to move forward?

Reach out to learn more about how our real estate operation transformation services can help you solve problems and create opportunities.