Developing property planning frameworks, and plans for your future accommodation and assets that align your property portfolio with organisational needs.

Grosvenor’s Property Strategy service helps organisations plan for the future of their owned or leased property portfolio. We can help design accommodation and asset management planning frameworks, including links to leasing and capital works, develop property strategies, accommodation plans and strategic asset management plans. 

Development of property planning frameworks

We can help design property planning frameworks that link organisational strategy, business needs and asset management to accommodation plans, asset management plans and capital works programs. 

Strategic Property Planning

We develop strategic property plans that optimise portfolio performance, align to service delivery needs, and support long-term organisational objectives.

Accommodation Planning

We can help draw all the information together to help the Executive make decisions about future accommodation plans and footprints to ensure organisations have the right spaces, locations, and utilisation strategies to meet current and future workforce and service demands. 

Strategic Asset Management Plans and Asset Management Planning

We can help draw all the information inputs together to develop strategic asset management plans that balance business needs, lifecycle forecasts, risk, performance and cost, including links to investment, divestment and capital works programs.

Why this works

  • Clear frameworks and processes for drawing all the information inputs together to make informed decisions  
  • Decisions consider business needs, environmental footprint, costs and asset management 
  • Clear outputs and advice to help the Executive make long term property decisions 
  • Linking future needs to property footprint and space planning
  • Linking asset data and business needs to capital works programs and investment and divestment decisions 
  • Leave behind tools and knowledge sharing to ensure the Property team can replicate in future 

Outcomes you can expect

  • Clear information that makes decision making easier 
  • Robust frameworks and processes that can be replicated into the future
  • A clearly defined and aligned property portfolio strategy
  • Better utilisation of property and accommodation across the organisation
  • Improved asset performance and lifecycle investment decisions
  • Stronger alignment between property, service delivery, and organisational goals
  • More confident, data-driven property planning and investment decisions 

The problems we solve

  • Property portfolio has grown on an adhoc basis, or there may be legacy properties with no clarity on their future 
  • Leasing decisions are reactive and not informed by long term property strategy
  • Capital works budgeting is arbitrary and does not consider asset management needs 
  • Executives are unable to make decisions – too much or too little data, or a lack of confidence in the recommendations 
  • Lack of internal knowledge, experience or resources to pull together credible plans

What our clients love about working with us

“Arianna and the Grosvenor team have been easy to deal with, responsive to feedback, have provided new ideas and insights, and have completed a substantial amount of work in the short timeframe of the project.”

University

“This project is helping to deepen and broaden the understanding of our role and what is needed for a more proactive and coherent approach.”

University

Reach out today to discuss your needs

Have a complex problem that you just cannot solve? Or simply just lack the resources to complete your project?

Peter Macfarlane
Peter Macfarlane Chair and Property Advisory Lead 0419 557 973

Peter has expertise in supporting organisations to optimise their property, facilities and built asset functions and management.  He specialises in Property strategy and management and procurement and contracting.

"Quality thinking is all about understanding the client’s need first and foremost, leveraging Grosvenor’s knowledge base, applying true critical thinking to find the best solution and exceeding expectations."

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Property Strategy Case Studies

How can I plan for the long term when the business is trapped in a short term cycle?

With over 100 regional locations to plan for, the centralised property team of this government department needed to understand what the business’s long-term plans were to enable proper planning for their limited capital budgets.

Property Strategy Insights and Resources

5 reasons you need a property strategy

A property strategy will enable you to get the best of your expenditure and leverage the regular ups and downs of market cycles.

City high rise building skyward

Necessary evil or strategic asset?

Like maximising the performance of your staff, maximising the performance of your property portfolio is far more complicated than simple cost management. A guide to building high performance corporate property portfolios.

AI is Shaping Property Strategy and Asset Management

In Australia, AI's adoption is set to elevate asset value by reducing operational costs, increasing rental yields, and improving tenant retention rates. The scope of AI's influence spans predictive analytics, automated energy systems, improved decision-making, and personalised customer services.

7 most common mistakes made when developing a strategic asset management plan (SAMP)

Here is a list of the most common mistakes, and recommendations, made when developing an asset management plan.

Frequently Asked Questions

Property strategy is the structured process of aligning an organisation’s property portfolio with its long-term operational, financial, and service delivery objectives. In a consulting context, it goes beyond high-level planning and typically involves portfolio diagnostics, utilisation and occupancy analysis, demand forecasting, and scenario modelling to assess how property assets are performing against current and future business needs.

The output of a property strategy is usually a clear set of decision-ready recommendations, such as consolidation opportunities, space optimisation initiatives, investment prioritisation frameworks, and location or footprint redesign options. These are designed to improve cost efficiency, increase utilisation of existing assets, and ensure property decisions directly support organisational performance rather than operating as standalone real estate decisions.

It is most commonly used by government agencies, large enterprises, and complex organisations where property represents a significant operational and financial cost base requiring structured, evidence-based decision-making.

Property strategy is important because it ensures an organisation’s property portfolio is actively aligned with operational demand, financial constraints, and long-term service delivery requirements. Without a defined strategy, property decisions are often reactive, leading to inefficiencies such as underutilised space, fragmented portfolios, and escalating occupancy costs.

In a consulting context, property strategy enables organisations to move from static asset management to evidence-based portfolio optimisation. This typically includes analysing utilisation data, benchmarking occupancy performance, and identifying consolidation or redesign opportunities that reduce cost while improving functional performance.

The outcome is improved financial control, better use of existing assets, and stronger alignment between workplace environments and organisational objectives.

A property strategy typically includes a structured assessment of current portfolio performance and future property requirements. This involves portfolio diagnostics, space utilisation analysis, demand forecasting, scenario modelling, and financial impact assessment.

Consultants often combine quantitative data (such as occupancy rates, floor space ratios, and cost per square metre) with qualitative inputs from stakeholders to understand how property is actually used versus how it is intended to be used.

The output is a set of evidence-based recommendations covering footprint optimisation, consolidation opportunities, investment prioritisation, and future workspace requirements. These recommendations are designed to support long-term planning cycles and capital decision-making.

An organisation typically requires a property strategy review when there are signs of misalignment between property usage and organisational needs. Common indicators include rising occupancy costs, inconsistent utilisation across sites, surplus or underused space, or uncertainty about future space requirements.

From a consulting perspective, this often signals that portfolio decisions are being made without a unified evidence base. A formal review introduces structured diagnostics such as utilisation benchmarking, demand modelling, and scenario planning to identify inefficiencies and future requirements.

The outcome is clarity on whether the existing portfolio should be consolidated, reconfigured, invested in, or partially divested to better align with organisational priorities.

Property strategy focuses on long-term planning and optimisation of a property portfolio to ensure alignment with organisational goals, financial sustainability, and future demand. It is analytical and forward-looking, often involving forecasting, scenario modelling, and investment decision support.

Property management, by contrast, focuses on the operational delivery of property services, including maintenance, leasing administration, facilities coordination, and compliance.

In practice, property strategy determines what the portfolio should look like in the future, while property management ensures the current portfolio operates effectively on a day-to-day basis.

Property strategy supports organisational performance by ensuring that property assets are used efficiently and are aligned with workforce, service delivery, and financial objectives.

This is achieved through data-driven portfolio optimisation, including utilisation analysis, space reconfiguration, and consolidation planning. These processes help reduce unnecessary property costs, improve workplace functionality, and enhance the alignment between physical environments and operational needs.

The result is improved capital efficiency, reduced operating expenditure, and better enablement of organisational priorities such as service delivery, workforce productivity, and change readiness.

Developing a property strategy requires input from both strategic decision-makers and operational stakeholders to ensure recommendations are practical and implementable.

Typically, this includes executive leadership, finance teams, property and asset managers, workplace or facilities teams, and key operational business units.

In a consulting-led process, external specialists often facilitate data collection, portfolio analysis, and scenario modelling, ensuring decisions are grounded in evidence rather than assumption. This combination of internal insight and external expertise improves the accuracy and credibility of the resulting strategy.

A property strategy is typically reviewed every 3 to 5 years, depending on organisational stability and portfolio complexity. However, reviews may be required sooner if there are significant changes such as organisational restructuring, workforce shifts, funding changes, or major portfolio acquisitions or disposals.

From a consulting perspective, regular review cycles ensure that property decisions remain aligned with evolving operational demand, utilisation patterns, and financial constraints.

This allows organisations to avoid structural inefficiencies accumulating over time and ensures property portfolios remain adaptable and fit-for-purpose.

Without a property strategy, organisations risk making fragmented and reactive property decisions that are not aligned with broader organisational objectives.

Common risks include inefficient space utilisation, escalating property and occupancy costs, duplication across sites, and misaligned investment decisions. Over time, this can result in a portfolio that is financially inefficient and operationally inflexible.

From a governance perspective, the absence of a strategy also reduces transparency and makes it more difficult to justify property-related capital and operational expenditure decisions.

Grosvenor approaches property strategy through a structured, evidence-based consulting methodology that integrates portfolio diagnostics, utilisation analysis, and organisational demand modelling.

This includes assessing how property assets are currently used, identifying inefficiencies, and developing scenario-based options for optimisation. These options typically address footprint rationalisation, space reconfiguration, consolidation opportunities, and investment prioritisation.

The approach is designed to translate complex portfolio data into clear, decision-ready outputs that support executive decision-making and long-term planning. It ensures property strategies are not theoretical, but practical, implementable, and aligned with measurable organisational outcomes.

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Whether you are looking to get more out of your projects, are interested in collaboration or would like to talk about joining the Grosvenor team, please get in touch.