Turning property portfolios from risks into opportunities
By Peter Scott | Property Strategy | Tuesday 26th April 2011
The major thrust of my blogs over the past several years has been to focus on the issues surrounding commercial property leases.
I have often talked too about the need for flexibility in leases, strategies for commercial property leasing and innovative thinking about business locations.
And given the fast changing property markets, I have started to extend my thinking, and indeed the services I offer clients, to strategies for owner-occupied commercial property portfolios.
I’ve often talked in this blog about the need for both flexible and strategic thinking about the location and range of premises a business has.
I’ve just concluded some successful negotiations and located new properties for an IT company. The interesting thing was that we decided the best fit for their business strategy and brand was to move on from a highly visible location.
The impacts of natural disasters on people around the world and close to home have been top of mind for us all in the past few months.
Keeping costs to a minimum has always been a central business strategy, but with businesses cutting expenditure to the quick, it is very challenging to find new ways to trim costs further.
I think I would be really hard pushed to find anyone on the planet who wouldn’t like to attend fewer work meetings.
Traditional thinking in business is being turned on its head day in day out as technology allows us to work from anywhere anytime.
There are a number of signs that the long talked about green shoots are starting to show a hint of blossom in the post-economic crisis environment.
Just a couple of years ago, the headline above would have made absolutely no sense to anyone. In fact even today, a great number of people would still think it is gobbledegook. But the world is moving fast and what is one day a word or term that only makes sense to geeks, can almost overnight become everyday language.
As we head into a new decade and optimism increases as the green shoots of economic recovery grow leaves, there is going to be some exciting new thinking needed for doing business.
Where and what people have for lunch can be a really interesting indicator about getting the location of business premises right.
As New Zealanders we pride ourselves on our DIY can-do attitude and it gets us a long way.