Real Estate and Facilities Management Transformation
Objective real estate advisors
A seesaw forces riders to create equilibrium between opposing forces. Balancing the operational costs of a Real Estate and Facilities portfolio against effective service delivery often involves opposing forces as well. With real estate and facilities typically representing a company’s second- or third-largest spend, striking that balance should be among the most important priorities of enterprise-level strategic decision-makers.
Deloitte’s Real Estate & Facilities Management Transformation practice helps organizations across industries address some of their most complex and challenging real estate issues. We assist companies in building the business case for real estate decisions, devise and execute implementation road maps, and measure effectiveness against internal expectations and industry benchmarks along the way.
We are objective real estate advisors—not brokers. We stay firmly focused on our clients’ priorities while developing strategies and executing complex programs that seek to add value, improve service delivery, and mitigate risk. And should other disciplines be needed, such as corporate finance, change management, organizational design, or risk management, we can leverage the deep resources across Deloitte.
Our practitioners have worked in countries around the world. Our practice leaders are highly involved in industry organizations—many serving as board members of those organizations—so we keep our clients current with industry developments and trends. Our broader team includes practitioners who speak multiple languages, hold industry-recognized accreditations (AIA, CCE/A, CCIM, MCR, LEED AP, PE, PMP, and SLCR), and are Tier-1-certified as technology consultants for real estate information technology enablement.
Real Estate and Facilities Management Transformation services
- Strategy. We support companies in building their real estate strategy with the aim to save costs, and enhance value and productivity.
- Operations improvement. We help clients in their efforts to define a real estate organization, streamline real estate and facilities management service delivery, reduce costs, and improve performance by assessing and restructuring operating models, organizational structures, and business processes.
- Workplace strategies. Workplace demands will change with new workforce generations. We work with our clients to assess, plan, design, and implement workplace and mobility strategies that can lead to improvements in how and where organizations work, and significant optimization of occupancy costs.
- Technology enablement. We advise clients on information technology strategy, design, and deployment for real estate and facilities management, helping them migrate efficiently from their current state to a desired future- state vision with a strong emphasis on analytical capability, process improvement, and return on investment. We have developed dedicated solutions (e.g., LeasePointTM) to help assess and process the demands resulting from lease accounting regulations.
Potential bottom-line benefits
- Align with and contribute to corporate strategy
- Improve the use of real estate and facilities assets
- Enable talent management, address cost pressures, and reduce risk by driving efficient and effective delivery of real estate and facilities management services
- Improve workplace flexibility and workforce mobility to better support organizational and business change
- Support effective management decision-making
Lease management and accounting made easier with LeasePoint
For many companies, FASB ASC 842, Leases, could have far-reaching impacts on their balance sheet and income statements, and Deloitte’s LeasePoint™ will help your company comply with the new standards while providing the full suite of functionality for end to end lease portfolio management. LeasePoint, powered by IBM TRIRIGA©, is designed as a scalable, cloud-based platform that can be implemented rapidly and includes all licenses, support, and upgrades in one subscription fee.
Striking a balance between real estate and facilities costs, and effective service delivery should be among the most important priorities of enterprise-level strategic decision-makers.