Due Diligence Project
 
The Challenge
  • The Global Real Estate organization needed to capture the portfolio under management and identify plans to significantly reduce cost.
  • The JV partners had diverse modes of operation and cultural challenges to overcome.
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The Solution
  • The PACS Change Management team deployed PACS-TOOLS to over 400 users around the world.
  • All users were trained to populate the tool with the portfolio, cost, service level and service contract data.
  • Standard data collection protocols were agreed with the Client.
Key Facts
  • Global Portfolio
  • 103 Countries
  • 800 Locations
  • 1.8M Sqm
  • 65,000 employees
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The Benefits
  • PACS-TOOLS became the single repository of portfolio data for the Clients RE.
  • A baseline was established on which future RE performance could be measured against and all changes tracked via the approval process.
  • Property and sourcing plans were identified to reduce the RE Operating cost by over €110m PA.
Client Quote

“ PACS unique blend of strategic advice and pragmatic on the ground experience delivered an outstanding result in a very short time frame. ”
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