Cost Reduction Programme
Challenges
- Property owners have to optimise the real estate and administration costs for the increase of yields and the generation of investment opportunities
Project approach
- Preparation cost baseline - recourse to Group data
- Recording of further data (if applicable)
- Portfolio and performance assessment
- Analysis of existing portfolio
- Recording of services provision regarding real estates
- Determination of optimisation focus
- First evaluation of costs and portfolio
- Definition of focus areas (space, provision costs, service costs, organisation)
- Assessment of focus areas by means of 54 single levers
- Determination of realisable cost levers
- Consideration potential and implementation effort
- Consideration implementation risks and time per lever
- Determination of realisable levers
- Deduction of action measures
- Definition of single measures (responsibility, time, risk, implementation costs)
- Preparation of implementation planning
- Communication of measures and potentials
- Upon request: co-ordination and project steering in the implementation of measures
Results
- Achievements of monetary quick wins
- Mid-term implementation of real estate potentials