Bigger, Broader and Better Linked

Sponsored By EquaTerra

Topics:

Finance & Risk Management > Outsourcing , Real Estate

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Abstract:

For many companies, facilities management is the second largest cost behind people. So it's no wonder that organizations have progressively pursued different sourcing strategies to reduce this cost. Solutions have evolved from traditional out-tasking and outsourcing to the more recent strategy of integrating real estate and facilities management-- sometimes with other business functionsýunder a single service provider. Over the past decades, real estate management has steadily evolved toward more outsourcing and more bundling of services, and today that trend is culminating in the integrated outsourcing of real estate and facilities management. Given the potential benefits, the key question for most companies is not whether to integrate real estate services and facilities management in an outsourcing solution - but at what level. Besides real estate strategy and policy setting, which are better left in-house, almost all other services are up for integration grabs.

DETAILS

Sponsored by: EquaTerra

Released: July 06, 2010

Length: 7 pages

Format: PDF (595 kb)

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