The Role of Property in Recessionary Cycles
7 Jan 2010
A new BCO research report looks at the question of how to develop a property strategy during an economic downturn. An exciting new tool accompanies this research report.
Since August 2007, the UK economy has been in a long slide into recession and cutting costs has become a matter of survival for many companies. Redundancies mean that many companies have more office space than they need right now and property costs may seem fixed, ever-increasing and rigid. The purpose of this research was to take a look at how the larger occupiers utilized their property assets most effectively and to see what lessons were transferable to the small and medium sized enterprise. The research team interviewed 29 occupier organisations with responsibility for more than 20 million square feet of office space.
Property Strategy Data Tool
To find out how your property strategy compares with best practice, use our spreadsheet tool which accompanies this report. This tool allows you to enter your own basic data on a property by property basis and to explore the issues set out in the research report in relation to the role of property in your organisation.
Property Strategy Data Tool - excel download (5mb)
Download the full set of instructions below to help you use this useful tool.
- Member's price: Free
- Non-member's price: Free