Corporate Real Estate

Corporate real estate management creates added value

Corporate Real Estate Management (CREM) refers to a success- and value-oriented management concept for operational property management in ‘non-property companies’. Proceeding from the company’s strategic objective setting, its core is comprised of the systematic planning, management and control of all property-related corporate activities, with the aim of contributing to the company’s sustainable competitive ability.

Because of the magnitude of the associated financial resources, the resulting long-term cost-effectiveness of the properties used by the company, and an inadequate ability to correct errors when false decisions are made, the importance of an active results-oriented management of rented property stock has increased dramatically in recent years. Outsourcing property management to specialists, in order to place more emphasis on pursuing the company’s core competencies, arises from the following necessities and has the following advantages:

Necessities

more stringent statutory regulations and compliance rules in recent years

property costs amount to 3–10% of annual turnover receipts

economic structural change

internationalisation and globalisation

informed management of resource potential in the company property portfolio

Advantages

cost savings (optimisation of property costs)

transparency of costs and data  consolidation of responsibilities and competencies results in reliable and up-to-date property data)

planning security and planning perspectives (budgeting, monthly comparison of target and actual values) 

best-practice approach based on informed expertise and market knowledge

creates options for cost-efficient, functional expansion 

Service portfolio

rent contract management (optimisation and unification of existing agreement, particularly with regard to value increase clauses, restoration liabilities, etc.)

lease and closure of branch offices (concluding rent contracts, distance negotiations when branches close prematurely, etc.)

auditing of ancillary cost accounting (benchmarking)

cash management (allocation of rent payments, advance payment of ancillary costs)

information and data management (database maintenance, market research, information on users and competitors)

Contact

Your personal contact for corporate real estate issues

+49 (69) 2972388-801

Adresse Bleidenstraße 6-10, 60311 Frankfurt am Main

Email dragan.jeftic@krieger.eu

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