Office Real Estate Portfolio Rightsizing
CASE STUDY | COMMERCIAL REAL ESTATE OWNERSHIP
Unlocking value for high-profile private equity firm's portfolio of companies
Adaptiv worked with a well-known private equity investment group to rationalize the physical footprints for 16 separate operating investments, in different vertical industry segments and with differing approaches to platforming real estate and operating policy.
Goals for this work was to improve run-rate NOI across the portfolio of companies by at least 10% blended, with no loss in productivity. Value creation hitting this target was well over $80MM to investors and Adaptiv was able to develop and launch the plan, expected to realize most of the anticipated gain within about 36 months.
As organizations navigate post-pandemic workplace transformation, billions of dollars are being invested in workplace technology solutions. Yet most enterprises report difficulty translating data into actionable insights about how work is actually evolving. Current solutions address symptoms rather than causes, focusing on operational metrics rather than developing systematic understanding of workplace change. We propose that a fundamental shift in approach is needed—from measurement to learning.
The Complete Picture Requires Two Types of Data. Workplace intelligence is undergoing a profound transformation. Organizations seeking to optimize their workplaces have discovered that neither physical sensors nor digital system data alone provides the complete picture needed for truly informed decision-making. Only by combining these complementary data sources can companies unlock the full potential of workplace intelligence.
The rise of technology-enabled "work-from-anywhere" is fundamentally reshaping commercial real estate, compelling buy-side intermediaries to transform their value proposition radically. While finding space, negotiating leases, and managing transactions remain important, these traditional services no longer suffice in an era where organizations are reimagining the very nature of work itself.
For many investors and their capital partners, Covid 19 sped up behavioral change in how companies and their employees are working differently, altering their fundamental need for office space, and consequentially gutting the equity in their office investments. Asset after asset is in the news daily setting new price-per-square-foot lows that are unprecedented.
The Hybrid Work Codex is a framework to enable a company to respond effectively to the complexities of the modern work environment.
If companies should treat their employees as customers (they should), and smart companies continue to invest significantly in employee experience , what can we learn from recent, radical transformations to customer experience in the retail sector?
AOR (Adaptive Office Resources) announced today that it has completed a major rebranding and renaming as Adaptiv Management Consulting (Adaptiv). The firm is leading the way in the development of next-generation solutions for enterprise companies, office investors and other sector constituents to solve for the changing relationship companies and their employees have with work and place.
Cloud-based business infrastructure digitization and ubiquitous connectivity has literally unplugged today's workforce from the need to come into "the office".
Is ownership truly providing any material advantage over its competition?
Unlocking $57M in value across a legacy office development
