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Real Estate - Leading Technology Corporation

The Brief:

  • Global technology corporation pioneering innovation in aerospace, aviation, helicopter design and climate control
  • 4,800+ global locations, in over 60 countries comprising 109 million square feet
  • Johnson Controls selected to provide real estate, projects & technology services
 

Challenges:

  • Control the spend on real estate related capital assets
  • Identify strategic savings & data capture process
  • A number of dispersed databases
  • Create a standard execution policy for real estate transactions
 

Solutions:

  • Helped in the development of a Financial Manual covering capital assets: appropriations and control
  • Assisted in the development of Strategic Savings Booklet and Process Checklist
  • Consolidated all global portfolio management into a single integrated database: Sequentra®
  • Jointly developed Realty Global Standard Work Process
  • Standardized and documented process for capital asset spending and control
 

Results:

  • Improved efficiency, visibility and reporting by consolidating information
  • Process established best practice for further real estate work