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