Advances in the world of technology and telecommunications have moved on considerably over the past 10 years with, for instance in real estate, a movement away from hardwired large buildings and networks, to the adoption of high capacity wireless handheld devices today.
The industry is dynamic and constantly evolving and the real estate requirements of this sector must also be malleable and flexible. Our sector group helps clients to navigate the challenges presented by technology and telecommunication-based real estate. We can streamline entire property portfolios for maximum flexibility and efficiency, or satisfy a specific property requirement as part of a one-off transaction. We seek to align business objectives with real estate solutions. In an industry where client contracts are often short-term, combined with an ever creative and dynamic workforce, there are opportunities to ‘right-size’ your footprintas well as introduce options for expansion for the future.
T&T Sector Real Estate Challenges
- This sector has remained resilient despite the slowdown in the European economies.
- Innovation and new technological advancements guarantee expansion from established IT companies will see established IT companies continue to expand and real estate needs challenged.
- There is an increased focus on using office space more efficiently, while still retaining and attracting staff.
- Access to talent is key in terms of retaining and attracting a skilled workforce.
- London (particularly central London) is at the forefront of the current digital revolution and is the biggest hub for technology start-ups outside of Silicon Valley.
How Can We Add Value?
While certain themes apply across the whole T&T sector, Cushman & Wakefield recognise that all businesses have unique objectives and requirements. We deliver sector specific experience and market knowledge, while listening to a client’s needs. By understanding your business and industry and finding solutions to the key challenges listed above, we help you to structure a flexible portfolio that utilises efficient space requirements while keeping an eye on your bottom line.
By understanding your business and industry, and 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 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. Some of the services we provide are:
From real estate due diligence for merger and acquisition activity, to location analysis and portfolio optimisation programs (including workplace strategy), our focus is on helping you deliver your business objectives while reducing risk.
We help you optimise the value of your property while considering the impact on your firm’s balance sheet; implementing everything from global lease administration, lease abstraction and database management to strategic analysis and assisting in decision making and execution.
Global lease administration
To help minimise the associated risks of managing your corporate portfolio, we provide you with the detailed business data you need to properly and intelligently implement your corporate strategy.
By undertaking the “intelligent client” role when managing transactions, our agents and brokers can advise and facilitate smoother transactions, whether it’s a full property search and relocation or simply a lease renewal.
Programme and project management
We help you to deliver base build and fit-out projects on time, within budget, and to specification. We also have specialist in-house dilapidations, mechanical and electrical and quantity surveying teams.
We advise, plan and deliver on all aspects of the day-to-day occupation of property including service delivery, compliance, financial management, change and workplace efficiency. We deploy professional management teams supported by best -in-class/best-in-geography suppliers.
Valuation and lease advisory
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.
Experience and Resources
Our T&T clients benefit from an experienced research team, including a team of expert sector specialists in local markets across Europe and the Middle East. 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 Atos, Adobe, Cambridge SiliconRadio, Ericsson, Microsoft, NXP, Symantec and many others who we service on a national, regional and global level.