Is your real estate working for you?
First Brexit, then the pandemic and now the financial crisis, cost of living and interest rates – not to mention the impact of new technologies, flexible working, sustainability and urban regeneration. Our world is changing faster and more significantly than ever before. All of these are putting enormous pressure on businesses. Flexibility, adaptability and creativity are paramount at this time.
How has your organisation responded? How is your real estate portfolio adapting to these changes, are there opportunities to invest and expand, to consolidate, to reconfigure to ensure your valuable estate is relevant and fit for purpose and generates the maximum value and return at the minimum cost.
That is why – more than ever perhaps – now is the perfect time to reassess your real estate and develop more robust strategies to achieve business goals.
We help owners, investors, funders, managers, and developers unlock the full potential of their real estate assets, through expert guidance, management and advice.
How do you get your real estate working for you? You need ideas, solutions, direction and a plan.
One size does not fit all, different objectives and drivers determine which solutions will work and how they can be delivered. With over 35 years in the industry, across a wide range of situations and sectors, we’re used to innovating and problem-solving at all levels.
In a world where timescales, costs and desired returns will often dictate the options available, we can help you identify new, value-driven objectives, and create a route map to deliver them.
What people ask us…
How we can help:
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All strategic reviews start with defining objectives:
• What does the company want?
• What does it need? And by when?
• Is it about driving long-term value, or consolidation and rationalisation?
• Realising value through sale?
• Cost reduction?
• Improving or retaining income?
• Staff retention?
• Perhaps you need a comprehensive repurposing and redevelopment plan?
• Or just a light touch to asset repositioning?Whatever your objectives, we’ll help develop a route map that not only identifies the risks and challenges of the delivery process, but also reveals the true value of the outcomes, with realistic timescales for delivery – so it doesn’t costs double what you expect, or take twice as long to deliver.
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For many, real estate is a means to an end, a necessary evil, for others it’s the core of their business. Value is generated in a number of ways, revenue, capital value, value creation, and social and cultural value. It can be used to entice people to come and join a business, retain staff as well as delivering some of a company’s ESG requirements.
We can help identify those specific areas where value can be delivered
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Retail is no longer enough to attract people to town centres, a workplace is no longer just that. Real estate needs to respond to the changes in lifestyle and become more blended and integrated with social values, communities and cultures. Loyalty is generated through a sense of belonging and pride. Retail does not engender this in isolation. How can we integrate retail, culture, leisure – underpinned by a deeper sense of community. So how can that be delivered? How long will it take? And what will it cost? Who are the key stakeholders.
Similarly with office and industrial spaces considering flexible uses and alternatives can underpin value. This is relevant for attracting staff, retaining staff and also retaining and driving income and capital value.
We have considerable experience across the sectors and a network of specialists to call on, we can help you reinvent your real-estate to meet the demands of today’s (and tomorrow’s) society.
Our world is changing faster than ever before, and real estate has historically been the slowest to react. Therefore establishing spaces that can change and adapt, but most importantly be relevant, is essential to drive capital and value to the business.
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Real estate costs management encompasses many different initiatives:
• Releasing unwanted real estate
• Reducing operating costs
• Generating income from surplus real estate
• Increasing the net operating incomeThe key is to identify cost saving that enhance business efficiency and improvements in service delivery whilst saving considerable costs to company rather than having a negative impact on services and productivity. Cost management both drives additional net income and value for property owners and operating businesses alike.
About me (Tim Vaughan)
As Joint CEO of a PLC, I have grown a commercial real estate portfolio from £8m to £250m and created 3 other businesses along the way, asset based lending, flexi office business and property management businesses, so my experience is broad, across sector and rare in the market. Partnering and collaboration have always formed a major part in successfully delivering projects for me, together with openness, tenacity and a little innovation along the way.
Having worked in commercial agency at Savills and LSH, advisory at Andersen and EY, and principal at Moorgarth, I have experienced a huge range of situations all requiring a solution and ideas in one way or another. A deep understanding of the market, its nuances and frustrations, helps me to appreciate and empathise with many organisations, but also how to structure deliverable and innovative solutions.
It all begins with a conversation
Maybe you want to improve how your real estate operates, or maybe you want to innovate your property into something more? Whatever you need, we’re here to help.
Call: +44 (0)7768 068244
Email: tim@stratreal.co.uk