Technological advances drive telecommunications, as evidenced by the difference between the enormous hardwired cabling in large buildings and networks in the past to communication on small wireless handheld devices today.
The industry is dynamic and constantly evolving and therefore the real estate requirements surrounding this sector must also be flexible. Our group helps clients navigate the challenges presented by technology and telecommunication-based real estate. We can either 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 contracts are often short-term, resulting in vacillating headcounts, there are opportunities to ‘right-size’ your footprint, as well as provide options for expansion for the future.
T&T Sector Real Estate Challenges
- This sector has remained resilient in light of the slowdown in the European economies
- Innovation and new technological advancements guarantee expansion from established IT companies
- 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
How Can We Add Value?
While certain themes apply across the whole T&T sector, Cushman & Wakefield recognizes 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 structure a flexible portfolio that utilizes 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 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 optimization programs, our focus is 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.
Global lease administration
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 implement your corporate strategy.
By implementing the ‘intelligent client’ role in 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.
Program and project management
We help you deliver real estate projects on time, within budget, and to specifications.
We deliver the quality of service that top-tier clients expect from their real estate firms, and we produce that quality of service within common-sense budgeting guidelines.
Valuation, lease advisory and property management
We provide the valuable advice you need to capitalize on a changing global environment.
Experience and Resources
Our Technology and Telecommunications clients benefit from an experienced research team, including a team of expert sector specialists in local markets around the world. We are also strengthened by our international network of nearly 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 Citibank, RBS, Société General, Fortis, BNP Paribas, Goldman Sachs, JP Morgan and many others who we service on a national, regional and global level.