Corporate Real Estate Earnings Diagnostic, a data-driven methodology, will uncover innovative ways to save costs to improve the value of real estate holdings
Waltham, Mass. – July 8, 2015 – B4 Consulting®, helping construction companies grow with innovative software, services and support, today announced that it has formed an alliance with the Sperry Van Ness® National Corporate Services Group (SVN Corporate Services Group). The collaboration will bring to market SVN Corporate Services Group’s innovative methodology – Corporate Real Estate Earnings Diagnostic (“CREED”) – which helps senior management in corporate, municipal and institutional organizations unlock new cost-savings opportunities in existing real estate portfolios. CREED® methodology gathers data on owned and leased properties and imports the data into the device-independent executive edition of the SAP® Smart Business cockpit for real estate, which is powered by the SAP HANA® platform. The SAP Smart Business cockpit for real estate generates easy-to-read benchmarking analyses and earnings scorecards, and guides optimization plans based on analyzed key performance indicators.
“Our alliance with the Sperry Van Ness® Corporate Services Group further enhances our solution portfolio to give our real estate practice yet another innovative tool to help SAP customers and others optimize their real estate assets,” said Klaus Schottenhamel, president and CEO of B4 Consulting. “Real estate is usually the second-largest balance sheet asset and operating expense for most enterprises. And, very few have a means by which they can measure the contribution of real estate to profitability, shareholder value and productivity – all of which are key metrics for asset optimization. The SVN Corporate Services Group’s CREED methodology, when integrated with the SAP Smart Business cockpit for real estate, aims to give customers of both B4 Consulting and the SVN Corporate Services Group, the insights needed to uncover new revenue streams and cost savings.”
It is estimated that of the $25 trillion of total value in real estate assets in the United States, over $10 trillion is owned by companies, municipalities and institutions not in the real estate business. Corporate real estate as a strategic resource can significantly impact an organization’s earnings potential. B4 Consulting and SVN Corporate Services Group’s combined real estate expertise will help enterprises systematically unlock the hidden value of their real estate portfolios and provide a path to improved earnings by enabling:
- real estate portfolio analysis for earnings opportunities;
- cost savings and occupancy cost reductions;
- value creation, repositioning and monetization of excess real estate assets; and
- innovative technologies for earnings measurement and real-time insights.
“B4 Consulting is recognized as the go-to SAP partner for the real estate industry,” noted David J. Wilk, CRE, MAI, national chair of the SVN Corporate Services Group. “We are delighted to be working with B4 in integrating our CREED methodology with the SAP Smart Business cockpit to create quantifiable value for SAP customers in the real estate field.”
About B4 Consulting, Inc.
B4 Consulting integrates business processes and technologies globally for customers who want to transform their businesses with innovative solutions. Our team of solution architects integrates these solutions with leading systems, such as SAP solutions, to enable business performance excellence and improved profitability. Partnering with customers throughout the U.S. and Canada, B4 Consulting has the a largest practice in North America dedicated to the engineering, construction, real estate, equipment management, field services and professional services industries.www.b4-consulting.com Follow Us on Twitter: http://www.twitter.com/b4consulting
About the Sperry Van Ness (“SVN”) National Corporate Services Group
The Sperry Van Ness® National Corporate Services Group is a management consulting team comprised of Sperry Van Ness franchisees and advisors who help senior management create new earnings and cost savings that unlock hidden value in their real estate portfolios. The SVN Corporate Services Group focuses on asset optimization strategies for public and private companies, private equity, governments, universities, healthcare systems and non-profits. SVN has also spearheaded academic symposia and community initiatives on “Place-Making” economic development and transforming undervalued urban neighborhoods or underproductive real estate assets into “places of innovation.” www.valuecreaterealestate.com and www.citylabatelier.com/. All Sperry Van Ness® offices are independently owned and operated.
B4 Consulting is a registered trademark of B4 Consulting, Inc.
CREED is a registered trademark of SVN-CPS LLC.
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