We have been achieving great things over the last 20 years...

• Property reviews – resulting in costs being reduced by £50m pa in the past 2 years.
• Consolidation programmes – planned and actioned following corporate acquisitions throughout Europe, Asia and Americas.
• Retenders – review of support services contracts to improve quality of advice and cut costs.
• Cash drain – £50m pa extinguished through the creative disposal of surplus property portfolios.

• Legacy assets – identification and sale of surplus properties raising £100m.
• Sale & Leaseback – structured tenant friendly leasebacks raising £75m.
• Structured outsourcing – of £350m liabilities using assets as a counterbalance to dramatically reduce liabilities and create a more flexible estate.
• Provisions – early exit from surplus lease liabilities enabling significant rebadging of provisions.

• Global property functions – introduced consistent policies, authorisation levels and processes at the same time as centralising a property database.
• Risk reviews – undertaken with subsequent management regimes put in place.
• Governance processes – established in response to Sarbanes Oxley and evolving International Accounting Standards
• Performance measurement – in house regimes set up and outmoded outsourced service contracts renegotiated to include SLA's and KPI's

• Large relocations – including Head Office moves with cultural workstyle changes and offshoring projects in support of changing business models.
• Organisation – reviews and subsequent upskilling of the property function as a platform to drive change.
• Property strategy – devised and initiated in support of new Executive initiates and corporate turnaround programmes.
• Corporate acquisitions/dispositions – formulation of integration programmes on some £10billion of corporate activity, usually aimed at consolidation and significantly driving down cost base.