Real Estate Solutions Business Transformation | FTI Consulting

Business Transformation Service Sheet

Real Estate Solutions

Corporate Finance & Restructuring | Real Estate

September 4, 2020

City Skyline

The real estate industry is experiencing significant disruption and transformation, which is likely to continue in the years to come. Real estate companies, once accustomed to managing through inefficient, manual processes are implementing technologies to drive efficiency and to reduce manual intervention.

The "PropTech" industry has emerged with new enabling technologies that span the real estate lifecycle. Real estate companies are also increasingly focused on their core, strategic process areas and outsourcing non-value added back and middle office functions.

Similarly, Fortune 1000 Corporations, with their core business outside of the real estate industry, are being motivated to drive cost reduction, better align their real estate portfolio to their strategic business objectives and improve efficiency of real estate operations.

These transformation imperatives may be triggered by such external factors as corporate M&A, restructuring, or enterprise cost reduction initiatives. As the second largest balance sheet item, real estate cannot be ignored as a strategic area of focus.

How We Service the Industry

Technology and Operating Model Assessment, Design and Implementation Services

  • Operating model scalability assessments
  • Blueprint and roadmap design services
  • Vendor/ system selection
  • Organization design services
  • Process and policies & procedures assessments
  • Technology assessment, design and implementation
  • Pre-investment operational due diligence and controls reviews
  • Project Management

Analytics and Data Management Services

  • Data analytics and reporting design
  • Data governance and process design
  • Systems selection, optimization and implementation (data and related systems)
  • Data collection and processing automation

Financial Reporting and Accounting Managed Services

  • Fund, SPV and property-level accounting for real estate funds, REITs, sovereign wealth, pension and endowment fund managers
  • Asset management services (e.g., data collection, aggregation and analytical reporting)
  • Valuations and appraisal management
  • Tax compliance and consulting
  • Onboarding services (i.e., transition management)
  • Acquisition due diligence

Corporate Real Estate (CRE) Strategy

  • Real estate footprint optimization
  • Lease restructuring
  • Workplace strategy
  • CRE Operating model design and implementation (CRE organization, technology and process design and implementation)
  • Digital and data real estate strategy
  • Real estate/ facilities outsourcing advisory

More Info

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