C&W Global Real Estate Strategy Supports 10,000 Properties in Russia
Rostelecom is Russia's leading long-distance telephony provider. The company’s real estate portfolio consists of 10,000 properties totalling seven-million square metres. The portfolio mix includes offices, administrative buildings, operational facilities, infrastructure objects, data centres, network hubs, warehouses and more. Rostelecom engaged Cushman & Wakefield to develop a CRE strategy and governance procedures for corporate and regional teams with the intention to centralise the CRE function while retaining operational control in its five regions.
Create a real estate strategy that aligns with the business plan; and develop mandates and governance procedures for central and regional real estate teams to increase transparency and clarity of business and real estate decisions.
Develop an e-based property-information platform to capture portfolio management and inventory data supported by bespoke metrics (KPIs) to measure the real estate portfolio performance and implement tactical steps to optimise it.
Step 1 has been completed for the Moscow and Moscow Region. This is an ongoing assignment.