Darcy Frank Mackay and Rachel Kessler‐Park
Mergers and acquisitions and consolidation activities contribute to the supply of technical facilities in the real estate market. The disposal of these special‐purpose assets…
Abstract
Mergers and acquisitions and consolidation activities contribute to the supply of technical facilities in the real estate market. The disposal of these special‐purpose assets poses unique challenges, including financial risk, redeployment of highly trained workforces and specialised equipment, and unknown timeframes. This paper will set out to take a deeper look into the internal corporate rationalisation process and the challenges and issues inherent in the disposal of special purpose assets.
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Rachel Kessler‐Park and Scott D. Butler
Corporate mergers, acquisitions and major divisional consolidations put high‐profile, fast track demands on corporate real estate and facilities groups to: (1) reformulate site…
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.