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Life Cycle Management is a must to keep NewWork working

If you have read the relevant press in the last few days, you will know that numerous companies and organizations are currently thinking about how their real estate portfolios may need to change to accommodate the notion of NewWork and flexible office.

This is of course one of the many consequences of reduced attendance of staff and now working with somewhere between 0.4 to 0.8 desks per member of staff.

When selling or converting an asset, however, in addition to the many organizational issues, the current and future condition of these assets themselves must also be considered.

Our Life Cycle Management module can help with many of the tasks at hand and answer the most important questions quickly and easily.

On the basis of regular inspections and an intelligent set of rules, the assets are evaluated with regard to different criteria. The status of a single asset, a number of selected ones or even the entire portfolio can be analyzed at any time at the push of a button. In addition to the current condition of an asset, the epxeted condition in the future is vital when making an investment decision. In order to simulate future conditions, ageing curves are integrated into the module. These curves themselves are based on either the manufacturers expectations or the experience by the customers’ own staff. This allows for very precise simulations even for complex portfolio.

In order to present this multitude of data clearly to the user, the information on the assets’ condition may be in the very simplistic form of using traffic light colors.

If you are currently looking into these kind of portfolio decisions, do get in touch. Together we can assess the condition of your assets and avoid costly mistakes.