Managing real estate for a single workplace is, in certain ways, simple. There is a single set of data for land, buildings, and leases. For companies with multiple properties or a global presence, the task becomes daunting.
A centralized data repository is the key to maintaining accurate and easily accessible information to manage real estate portfolios. But not all data systems are alike. Real estate planners and facility managers should consider several items when choosing a real estate portfolio management system: