The Professional Services Group comprises a global team of advisors who work with clients in the professional services industries (including accounting, consulting, and engineering firms), on their real estate portfolio strategies. By tracking trends in relevant industries and researching data, we help our clients to stay ahead of the curve so that they maintain a flexible, efficient real estate portfolio aligned with the strategic direction of their business.
Professional Services’ Real Estate Challenges Include:
- personnel strategy has a higher than average stake when making real estate decisions
- revenue streams become a priority as the business environment grows more competitive and cheaper locations are considered
- the sector leads the way in workplace strategy and the adoption of innovation and efficiency measures
- the downsizing of real estate portfolios due to economic pressures, the need for competitive pricing of services, new market entrants and continuous changes in the regulatory environment
- the offshoring vs. onshoring debate
How We Can Add Value?
The professional services sector faces many challenges, including the ability to service clients face-to-face across a wide geographical spread. A high turnover rate and frequent contract-led work means that properties are often underutilised or carry excessive surplus. In addition, the recent downturn experienced across the industry has led many to look at cost reduction initiatives and more flexible ways of achieving their financial goals.
By understanding your business and industryand the aforementioned key challenges, we can help you to structure a portfolio that makes efficient use of space and reduces costs. We use a combination of state of the art technology and clear communication channels to ensure that we are adding the most value and producing the greatest cost savings for your business.
Our combined team of professionals include surveyors, accountants, project managers and business consultants whose skills are suited to meet your varied and complex requirements across the globe. We help through the following services:
From real estate due diligence for merger and acquisition activity, to location analysis and portfolio optimisation programmes, our focus is on helping you improve business performance and operational productivity whilst reducing risk.
We specialise in giving clear and concise advice to clients on Business Rates whilst ensuring that the opportunities to mitigate our clients’ liabilities are maximised.
We help you optimise the value of your property while considering the impact on your firm’s balance sheet, from lease versus. buy options analysis to support strategic decision making, through to innovative disposition strategies.
Global lease administration
Implementing everything from global lease administration, lease abstraction and database management to help minimize the associated risks of managing your corporate portfolio, we provide you with the detailed business data you need to properly and intelligently develop your corporate strategy
By undertaking the ‘intelligent client’ role when managing transactions, our agents and brokers can advise and facilitate smoother and more cost effective transactions, whether it be a full property search and relocation or simply a lease renewal
Brokerage and research
Our transaction professionals are active in every major market and asset class worldwide, Supported by our worldwide research they provide unrivalled market intelligence uncovering hidden opportunities for clients and delivering local solutions.
Programme and project management
We integrate design, construction and infrastructure expertise into the transaction, informing the site selection process and then managing construction to optimize timing and expense delivering real estate projects on time, within budget, and to the agreed specification.
Facilities and property management
We think and act like owners/occupiers to maximize asset value by improving operations, attracting and retaining tenants, reducing operating costs, minimizing expenses and maximizing income.
Cushman & Wakefield has one of the largest fully integrated real estate valuation and consulting teams in the world. We act as the foremost valuation advisor to corporations, institutional investors, and lenders on critical debt and equity investment decisions.
The Professional Services Group also maintain partnerships with organizations dedicated to the advancement of the professional services industry, including leading research-based companies, academic institutions, and government agencies.
Experience and Resources
Our professional services clients benefit from an experienced research team, including a team of expert sector specialists in local markets across Europe, the Middle East, and the globe who regularly publish sector specific research papers. We are also strengthened by our international network of 15,000 professionals including researchers, strategists, business modellers, accountants, business consultants and agents in 253 offices across 60 countries.
We have a broad range of clients in the sector including Ernst & Young, Grontmij, and many others who we service on a national, regional and global level.