OUTLOOK

Historically, ports worldwide have been subsidized by their government shareholders for their capital needs.  Today, the ability of governments to fund the modernization and expansion needs of ports is rapidly diminishing.  Ports increasingly will need to be self-funding and this will require the optimal financial performance of all their assets – especially property.  Additionally, with the ever-increasing complexities of managing ports and the growing competition between them and their respective supply and logistics chains, it is increasingly critical that ports need a more effective tool to manage their largest asset – property – in a more strategic and effective manner.

STRATEGY

Specialized strategic port property asset management plans ensure that each real estate asset generates the maximum revenue, achieves the highest value and produces the most competitive advantages possible for the port.  By overarching a port’s strategic plan and core business mission, and with proper processes in place, senior management can more easily and effectively manage their business from both a time and cost standpoint.  Meaningful performance benchmarks and constant monitoring allows for manageable assessment of portfolio performance and re-calibration of the assets to ensure that optimal financial efficiency is maintained.

DELIVERABLES

Property asset management is defined as: ‘The acquisition, administration, re-development, re-use and disposal of real property assets in such a manner that the owner’s business and financial missions, goals and objectives are supported and achieved in the long run and add economic value.’ In other words, port property asset management means ensuring an organization’s property portfolio operates at optimal efficiency to create maximum revenues, values and synergies with its core business goals and objectives.

Port properties may range from any type of industrial or commercial facility with single or multiple tenancies to vacant land. Port property asset management plans ensure that port authorities are saving money on real estate operating and holding costs and that client/tenant satisfaction and revenues are maximised.

Our strategic port property asset management plans take into account a comprehensive assessment of the property portfolio, current and targeted markets, a port’s overall strategic plan and the short, medium and long term goals and objectives of the port, especially its capital expenditures, in a comprehensive yet concise document that is easy to understand and implement.

Port properties may range from any type of industrial or commercial facility with single or multiple tenancies to vacant land. Port property asset management plans ensure that port authorities are saving money on real estate operating and holding costs and that client/tenant satisfaction and revenues are maximized.

Our strategic port property asset management plans take into account a comprehensive assessment of the property portfolio, current and targeted markets, a port’s overall strategic plan and the short, medium and long term goals and objectives of the port, especially its capital expenditures, in a comprehensive yet concise document that is easy to understand and implement.