Are you ready to take advantage?
Global industrial firms hold billions of dollars in idle surplus properties. Also known as redundant properties, surplus properties are owned or leased, vacant, or operational buildings. For instance, a company may need to relocate an automotive manufacturing plant, shut down an outdated oil and gas refinery or consolidate operations.
Surplus properties can expose an organization to enormous financial, social, reputational and political risk. With the industrial real estate market booming in western economies, there has rarely been a better time to dispose of surplus properties. To take advantage of these ideal market conditions, firms need to have right strategic approach.
Arcadis set out to discover what differentiates these more progressive forms and why they succeed where others struggle.
These firms’ surplus property portfolios range in number from dozens of assets across a limited geography to thousands of properties spanning the globe and equate to a total book value of approximately $2 billion (USD).
From the survey, we reveal 10 key findings for how companies approach surplus properties. We also provide six recommendations businesses need to implement now to take advantage of the current robust industrial property market.
Would you like to participate in the next Surplus Property Disposal Benchmark Survey?
Provide your contact information and we’ll make sure you're included
10 Key Research Findings
The state of surplus property disposal today
Our research reveals 10 key findings on how companies approach property disposal.
Based on the results of this research, our experience in assisting clients in disposing of their surplus properties, and the current robust industrial property market, we strongly believe that now is an ideal time to sell redundant property. To take advantage, businesses can implement the following six steps: