Tablet City (image) Tablet City (image)

Learn how we put our clients at the center of what's next

Global Banking Client

Helping to Streamline North American Portfolio

01 The Opportunity

A global banking client engaged Cushman & Wakefield to identify cost-saving opportunities in its office and wealth management branch portfolio across North America.

02 The Solution

Employing a data-driven approach, our team was able to identify and prioritize opportunities for cost savings and develop customized recommendations for the Top-15 Cluster Opportunities. This was done by deploying Cushman & Wakefield's Portfolio Intelligence Platform (PIP), a proprietary tool that identifies and prioritizes opportunities for cost savings taking into consideration geography, market, workplace and lease-timing dynamics.

In addition, our team collaborated with the client to co-develop a Transaction Management Reporting Guidebook to ensure consistent, best-in-class reporting across the transaction life-cycle. This guidebook ensures that all reports are held to the same global standard and provides a meaningful reporting framework that marries the output from Cushman & Wakefield with a client-centric view of internal commercial real estate priorities.

03 The Results

Bridging the gap between art and science, the Portfolio Strategy team partnered with the client account team and local Cushman & Wakefield brokers to identify savings of 5% on annual rent payments (including six lease reductions adding up to 67,000 sf) through consolidations, relocations, lease alignments, renegotiations, early renewals and closures. This initiative further strengthened our partnership with the client. Our team is now seen more as an extension of the client’s real estate team rather than a simple service provider.

MEET THE TEAM

Ferry-Oktavian

Business Services

Ferry Oktavian

Associate Director
Jakarta Raya, Indonesia


+62 212 550-9566

ferry.oktavian@ap.cushwake.com

Download VCard

Rivan-Abdulkadir_Headshot_ID

Senior Management - Service Line

Rivan Abdulkadir

Director
Jakarta Raya, Indonesia


+62 212 550-9530

rivan.abdulkadir@ap.cushwake.com

Download VCard

STORIES

Office (image)
Boehringer Ingelheim • Life Sciences
Learn More
Office Interior (image)
Confidential Health Insurance Client • Healthcare
Learn More
calculator (image)
H&R Block • Tax Preparation
Learn More

Featured Services

Global Occupier Services (GOS)
Our Global Occupier Services team is supported by the latest technology and a global team that is dedicated to maximizing results.
Learn More
Project & Development Services
Our Project & Development advisors bring a long-term perspective that minimizes risk and drives value throughout design and construction.
Learn More
Sustainability
Climate changes and limited natural resources mean a radical change in the traditional approach to real estate.
Learn More

CAN'T FIND WHAT YOU'RE LOOKING FOR?

Get in touch with one of our professionals.