Businesses change, be it expansion, contraction, merger or simply the end of an existing lease. During these times of change, clients can gain many advantages by taking informed property decisions. Creating a business property portfolio of the right size, in the right location, for the right cost and which will continue to support the business, is essential.

TFT Consult can assist by defining and implementing effective short and long term business property strategies tailored to specific business needs, enabling optimum use of the business property portfolio and avoiding the need for any unnecessary, costly, long-term commitments.

However, whilst business change is often a common catalyst for such reviews, it is not necessarily the best time. Planned reviews carried out in advance of change, when it’s ‘business as usual’, can create business space strategies that are far more effective.

Within a business property strategy, introducing the ability for property assets to flex with the business will help to remove any oversupply (waste) at times of low demand and undersupply (pressure to acquire new) at times of high demand.

Aligning a business space strategy with a working practices review and occupational strategy can also have a huge impact upon the success and value of the property portfolio.