Corporate Real Estate Advisory Services
Trascent provides a range of services across the breadth of Corporate Real Estate (CRE) service delivery and outsourcing, covering activities, such as:
- Transactions (acquisition, disposal, renewal, etc.)
- Transaction Management
- Portfolio Analytics & Strategy
- Lease Administration (event dates & rent admin)
- PMO/Project Management
- Workplace & Location Advisory
Clients are increasingly operating with global CRE responsibility, seeking support services and a sourcing approach to match. Trascent’s corporate real estate services advise companies on market best practices, build business case scenarios and understand supplier market capabilities to develop targeted strategies and achieve success from optimum sourcing models. Trascent brings its global market intelligence and in-depth expertise across all areas of corporate real estate activities.
Trascent’s corporate real estate solutions deliver practitioner expertise and consulting tools for both first generation and next generation CRE outsourcing initiatives covering:
- Delivery Models – comparison to industry peers
- Contract Assessments – benchmark to market
- Global/Regional sourcing strategies
- Implementation support
- RFP development and administration
- Contract (re-)negotiation
- Transition support
- Governance & Audit
Related Insights & Perspectives
Expediting Partner Selection for Step Change Post-Divestiture
Forming a new mid-cap company from a global pharmaceutical major divestiture required rapidly implementing new internal support structures, governance and delivery platforms. Limited operational support from the former parent corporate real estate (CRE) team and lack of interest from the inherited, long established global incumbent CRE and global project management (PM) provider only exacerbated the situation.
Next Generation Sourcing Strategies that Deliver High-Performing CRE / FM Supplier Relationships (And the Reasons Why)
Over the last decade, the Corporate Real Estate and Facilities Management (CRE / FM) supplier market has undergone significant consolidation, the market is considerably different today than the previous generation's FM sourcing efforts and requires a new approach from CRE advisors and CRE / FM professionals. Next generation FM sourcing strategies and corporate real estate solutions need to be balanced and should be linked to reinforce the concept of collaborative, high-performing CRE / FM outsourcing supplier relationships. This next generation corporate real estate and facilities management strategy approach is differentiated along 5 key dimensions that we explore in this perspectives piece.
Perspectives Video - Creating Value: How CRE Increases Value in a Digitized World
The Corporate Real Estate and Facilities Management industry has changed dramatically in the last five years. It is a market worth over $100 billion and with the entrance of innovative industry disruptors and the application of technology to corporate real estate solutions, many changes are still underway. As CRE advisors we believe technology will help unlock and harness information within facilities management and corporate real estate services, it will deploy data and shape corporate real estate solutions in new and innovation ways. This video explores the factors that are affecting this change and what this may mean for the future.
Implementing a Next Generation Outsourcing Strategy
A technology company was looking for the appropriate next generation strategy for workplace services across a global real estate portfolio of 25 million square feet and spanning nearly 100 countries. The head of global corporate real estate faced a strategic choice. The company substantially outsourced its portfolio of corporate real estate (CRE) services over the previous five years, maintained good working relationships with incumbent global suppliers and managed through a governance organization comprised of regional directors and functional CRE experts. The C-suite was asking how existing contracts compared to current market standards considering significant supplier market consolidation. This required a careful up-front examination of stakeholder requirements and maintaining a strict adherence to the initiative’s key principles ultimately delivered the client’s global corporate real estate services and facilities management program on each major objective in equal measure.