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Real estate represents a large portion of costs and capital for businesses that have multiple locations or that own or operate sizable real estate holdings. We focus on reducing costs across all operations and getting the highest return on invested capital. We also help companies generate more revenues from real estate assets.
With Bain's assistance, clients can cut head count in property operations by 10 to 30 percent, and procurement spending 5 to 25 percent. We help clients who are owner-operators assess the attractiveness of new markets and allocate capital and improve operations to spur growth. Typically, they experience 5 to 15 percent increases in retention, rent and occupancy as a result.
We focus on cutting operating costs in every category, aligning them with industry benchmarks, and modifying organizational structure accordingly. By determining key drivers of returns and building critical processes around them, we improve ROIC. We use lifetime value analysis of customers; channel, inventory, selling and account management; and pricing tools to bolster rental revenue and occupancy rates.
To find out more about Bain's work in this capability area, please contact the practice.
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