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