Date Added: Apr 2010
By moving from typical to best practice, organisations can improve value for money and reduce their real estate and facilities costs by 15-20%, whilst still improving services. Successful cost reduction in corporate real estate and facilities depends on addressing both demand and supply side factors. Properly targeted, it can also support the achievement of sustainability objectives. This paper sets out an overview of the challenges of real estate cost reduction, where to look for savings and the results that best practice real estate and facilities management can achieve.