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C&W Global Portfolio Analysis Improves Business and Property Performance


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The Challenge

The challenge was to correlate the quality of the building stock, and the financial performance and business satisfaction of the property portfolio, in order to identify opportunities to increase synergies across this dynamic and deliver cost savings.

The Solution

Cushman & Wakefield undertook a full portfolio review and delivered advisory services to Nokia, providing qualitative, quantitative, and strategic appraisal and analysis of Nokia’s global property platform across business units and geographies. Our team designed a series of detailed building, business unit, and market surveys in order to understand the correlation between building and business performance.

We delivered leading-edge tiering model-driven analysis, encompassing benchmarking, forecasting, and space-efficiency review. This enabled our team to offer unparalleled insights into Nokia’s portfolio and recommend appropriate real estate solutions.


The Results

Cushman & Wakefield's solutions reduced occupancy costs by 35%, supported company rebranding, and reduced workforce attrition costs through the delivery of culturally relevant and globally consistent space standards.

Contact

John Santora

John Santora

Tri-State Region President

New York, NY

Phone +1 212 841-5060

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