Resources

Pathways to optimise your Corporate Real Estate function

A diagnostic tool to prioritise change and improvements

In our experience the Corporate Real Estate (CRE) function is often caught in departmental no-man’s land. On one hand it’s responsible for provisioning, maintaining and optimising one of the most important assets within an organisation. On the other, its efficacy, alignment and operating values are not always synchronised with head...

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Topics: Corporate Real Estate, Service Delivery Strategy, Property Advisory

Optimising workplace density

What governments can learn from the private sector 

By Kent Stuart

The public sector is a major occupier of office space in Australia. State and federal government inhabit up to 30% of all office premises nationally. In our capital cities, the respective state government is typically the single biggest tenant. 

In Canberra, the federal government represent up to 80% of the total market. 

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Topics: Accommodation Planning, Corporate Real Estate

Vacant Office Space in the Public Sector

 Why it occurs and how to fix it

By Kent Stuart

Back in February I posted a short piece on a phenomenon which Grosvenor termed ‘Structural Vacancy’. It’s the situation that occurs when organisations reduce their staff numbers over a short period of time leaving a significant amount of vacant office accommodation.

More recently there has been considerable press about the extensive amount of ...

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Topics: Accommodation Planning, Corporate Real Estate

Workplace density: Is the size of your office impacting profitability?

By Kent Stuart

The office workplace has changed enormously over the last 20 years, and with surprising acceleration in recent years. Technology is enabling businesses to optimise workplaces in ways that were unimaginable even five years ago, and changes the way we think about the modern workplace.

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Topics: Accommodation Planning, Corporate Real Estate

Benchmark your workspace management against Australian best practice

Have you ever wondered how your workspace management is measuring up?

Determining workspace density is the first step towards more effective and efficient office accommodation management. And yet so many businesses are having trouble measuring workspace density correctly!

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Topics: Accommodation Planning, Corporate Real Estate

The Next Generation of Property Outsourcing

Is outsourcing still adding value?

The traditional model for outsourcing property services is under pressure. Having harvested the initial benefits, many clients are questioning the value that they receive from large, single-sourced relationships.

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Topics: Corporate Real Estate, CRE Service Delivery

Designing successful contract models for CRE

What does a successful contract model look like?

Client conversations about the future of CRE outsourcing and the need for CRE managers to understand contract structures used by other companies, sparked this question.

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Topics: Corporate Real Estate, CRE Service Delivery

Asian CRE and property update: Major trends

Major trends from the CoreNet Global Asia Pacific Summit 2014.

By Kent Stuart

It’s easy to think that as a result of our geographic location Australia may be out of touch with global best practice or that our small economy means that we may be slow to adopt change or spot new business trends. While there is plenty to learn from international exposure, my time at the CoreNet Global Asia...

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Topics: Corporate Real Estate, CRE Service Delivery

Procurement of FM Services

Understanding how clients buy property services

By Kent Stuart

(Published in FM Magazine, Feb-Mar 2013)

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Topics: Procurement and Contracting, Corporate Real Estate, CRE Service Delivery

5 reasons why you need a property strategy

By Kent Stuart

Without a strategy for managing your property, your business is wasting money and the opportunity to leverage soft real estate markets. Real estate and facilities expenditure is, for most businesses, the second biggest operating costs after staffing expenses. Despite this most don’t have clear strategy for how to best manage those costs.

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Topics: Accommodation Planning, Corporate Real Estate