Restructuring corporate real estate and facilities in mergers, acquisitions and consolidations

Abstract

Corporate mergers, acquisitions and major divisional consolidations put high‐profile, fast track demands on corporate real estate and facilities groups to: (1) reformulate site and facilities portfolios to support new global business goals and objectives; (2) implement the programs and projects needed to restructure these portfolios; and (3) take a global approach to site and facilities utilisation and management for the new merged entity. This paper will set out a comprehensive framework and process for determining and evaluating merged or consolidated site and facility plans, deciding on optimal strategies, and scoping out the tasks needed to make it all happen.

Citation

Kessler‐Park, R. and Butler, S.D. (2002), "Restructuring corporate real estate and facilities in mergers, acquisitions and consolidations", Journal of Corporate Real Estate, Vol. 5 No. 1, pp. 8-18. https://doi.org/10.1108/14630010310812028