By Ameeta Soni
Given the substantial, ongoing impact of facilities on balance sheets and income statements, corporate real estate managers need to take a more disciplined approach to aligning real estate objectives with strategic business priorities. Once they understand how their current real estate portfolio aligns with their organization’s short and long-term business objectives, they can make more informed decisions about capital asset investments.
Successful corporate real estate managers are able to:
- Quantify the value and liability of capital assets;
- Identify critical areas of risk;
- Give stakeholders visibility into the planning process; and
- Prioritize projects to enable corporate capital investments that yield the highest returns.
Does your real estate portfolio support your business objectives?