Mind the Hype - The Pitfalls of a Post-Covid Portfolio Consolidation Thursday, 3 November 2022 from 10:00 AM – 10:40 AM

Location
W-183 A (Level 1)
Session Type
Learning Experience

There's no denying the COVID-19 pandemic has forced a rethink of how space is used. Real estate consolidation, shrinking footprints, even smaller budgets, and lease givebacks are our new MO. But just how straightforward is it to consolidate real estate? What problems will you encounter that you hadn't really thought about? What will be keeping you up at night? Who are the users and external stakeholders that need to be satisfied, and how soon do you need to bring them into the process? What blindsides can you expect, and where will your roadblocks be? And is consolidation even right for you in the first place? So many questions, and the answers are never straightforward! The panel will present the situations they've faced, those they are still grappling with, and the curveball questions they've had to answer.

Key Takeaways:

  • Describe options for resolving common issues that arise when consolidating real estate and a methodology for deciding among them.

  • Discover hidden issues that can arise when looking a reducing a real estate footprint, and create a plan for dealing with these curveballs.

  • Identify ways in which to engage users and stakeholders in meaningful and productive discussions early on in the consolidation process.

Speakers

Portrait photo of James Casey, Jr. James Casey, Jr.
Senior Director, Americas Region – Manager Global Operations, Marsh & McLennan Companies (MMC)
Speaker
Portrait photo of Oriana Merlo Oriana Merlo
Workplace Advisory Regional Practice Lead, AECOM
Speaker
Portrait photo of Stephen Van Soelen Stephen Van Soelen
Senior Director - Strategic Real Estate & Facilities Planning, Eli Lilly & Company
Speaker

Topics

Corporate Real Estate, Facilities Management, Portfolio Management

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