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Outsourcing Property Services - A New Broom

Property is often said to be the third largest cost in business; It can often be the biggest balance sheet item.  For investors in the sector, it is their most important focus and property has long been managed by agents on behalf of the owners and occupiers.

But the property sector has lagged behind other industries in the way it outsources and sub-contracts the management of its main asset.  The advent of the “truly global” property services firm, the increasing focus of corporate occupiers, and interest from business process outsourcing providers wanting to complement existing back-office services has seen greater focus on how property can best be managed.

Andrew Waller and Melita Thomas, partners in Remit Consulting, a leading independent advisor with a comprehensive view of the property management market, will explore:

  • what are the realistic expectations for improving property management?
  • what are the pitfalls awaiting the unwary?
  • what do and should clients expect from property management outsourcing?
  • what lessons can be learnt from other industries?
  • what type of outsource provider is likely to benefit in the long term from this market?
  • what can the next generation outsource provider bring that incumbents should take note of?



 

 

Get in touch

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Mark Lewis

BLP
Partner, Commercial & Outsourcing

If you need some help with a legal or business issue, please get in touch.