Successful Space Acquisition Rests on Reliable Real Estate Data Management

Meeting the demands of a growing organization can be challenging; especially for real estate professionals who need to ensure their real estate assets keep up with the expanding needs of their company. Enterprise-wide knowledge of existing space inventory can speed delivery of new space and can result in dramatic savings on capital spend. VP Corporate Edition provides an automated process for collecting and managing space requests that ensures:

• Company demand for real estate is anticipated and met to support growth strategies
• Space demand is matched with existing supply to minimize cost of new space
• The acquisition process is managed efficiently and cost-effectively

With a single reference point to monitor business unit activities, the relationships between corporate real estate and internal customers can be managed most effectively to support the company’s overall strategy goals for growth and expansion. The ability to preemptively anticipate demand for real estate means that these vital capital expenses can be planned for and integrated into budgets needed to successfully achieve goals. This system-based approach to business unit planning can:

• Ensure timely delivery of new space with the right deal terms
• Speed new space acquisition to minimize business interruption and organizational impact
• Meet time and budget goals for new space delivery based on documented and validated internal client requirements
• Utilize user satisfaction survey data to focus KPIs (Key Performance Indicators) on driving needed improvements in real estate department services
• Ensure new internal client space requests can be submitted and analyzed consistently with consideration given to all available options
• Focus the corporate real estate department on space acquisition priorities that make the biggest positive impact on their companies