Customer experiences
“Our collaboration went splendidly. We managed to create exactly the kind of strategy we wanted.”
Priit Nukka, Facilities Manager, Fimlab
“Agile and innovative operating model. I recommend FinProma Ltd.”
Timo Kumpunen, Urjala Parish
“As a small organization, it’s not feasible for us to handle all tasks internally. Our collaboration with FinProma Ltd. went exceptionally well from the beginning; they delivered a high-quality real estate strategy within the agreed-upon timeframe. We quickly aligned on the content of the strategy, and I was kept informed throughout the project. This made it easy for me to trust that we would receive a strategically sound real estate plan that we can leverage in the coming years.”
Niko Kujala, Building Engineer, City of Kaskinen
“We ordered a targeted survey related to the strategy from FinProma Ltd. as a basis for our administrative body’s decision-making. The report we received, along with its presentations, was clear and concrete. The report met our needs well and received much praise from the council members. I can recommend the services of FinProma Ltd.!”
Timo Vettenranta, Financial Manager
Our Team
Aleksi Riuttala
Chief Executive Officer (CEO). M.Sc. (Econ.), M.Sc. (Tech.), B.Sc. (Admin.), FMA, YAT
Lauri Tuohimaa
Business Manager. M.Sc. (Tech.), CPM, FMA, IAT, YAT
Sirius Korpi
Consultant, M.Sc. (Admin.)
Iita Harju
Consultant, BASc.
Henri Korhonen
Team Manager (CPM), M. Eng.
Josefina Riuttala
Team Manager (CRE), M.Sc. (Admin..), M.Sc. (Tech.), CPMO
Jukka Hammarén
Consultant, B. Eng.
Ulrika Uotila
Consultant, D.Sc. (Tech.)
Aapeli Riuttala
Consultant, M.Sc. (Tech.) in progress
Kevin De Muynck
Consultant, Belgian markets, M.Sc.
Would you like to work with us?
Consultant CRES or CPM
❗Strategic real estate management is essential for public entities like municipalities for several reasons:
📕 **Short Answer:**
Strategic real estate management is not solely about managing properties and facilities—it’s about broader impact, which is a goal of public entities.
📚 **Extended Answer:**
Strategic real estate management offers public entities a tool to respond effectively to contemporary challenges—urbanization effects, economic sustainability, demographic changes, and climate change issues. This approach facilitates the development of a flexible and purposeful operational environment, which not only supports sustainable growth and service provision but also promotes the achievement of carbon neutrality goals.
Specifically, strategic real estate management enables efficient allocation and prioritization of resources. It helps public entities identify which properties and facilities are vital for services, and where savings can be achieved without jeopardizing the provision of basic services. This could involve selling less strategic properties or repurposing them, thereby freeing up resources for more critical investments—meaning less misdirected repair debt, more qualitative contributions to key sites and basic services.
Additionally, strategic real estate management aids public entities in their pursuit of carbon neutrality. Corporate real estate strategies can identify and prioritize actions that reduce the carbon footprint of the real estate portfolio, such as improving energy efficiency, utilizing renewable energy sources, and optimizing property usage.
Collaboration in strategic real estate management can also lead to better decision-making and future planning. Clearly defined real estate portfolios and their goals aid trustees and officials in making informed decisions based on a shared understanding of the current state of properties, future needs, and economic realities.
Therefore, the significance of strategic real estate management for public entities extends far beyond merely managing properties. It’s a comprehensive approach that helps public entities navigate their complex operational environments efficiently, responsibly, and sustainably, while providing tools to strengthen future sustainability.
About the image by Canva AI:
The donkey symbolises an organization on its CRES journey. The image summarizes the content and elements of a corporate real estate strategy: (1) The bottom of the stairs: a current state description of the real estate portfolio and operating environment. (2) The endpoint of the path: goals for the future real estate portfolio. (3) Stairs between the starting point (1) and the endpoint (2): specific action steps on how the organization will achieve its objectives during the real estate strategy period.
Organizations and companies have relied on our work in these services:
Corporate Real Estate Strategies
In a corporate real estate strategy, a current state description of the property portfolio and operating environment, including their changes, is created. The real estate strategy sets goals for the future property portfolio. Additionally, the real estate strategy outlines specific action steps on how the organization will achieve its objectives during the designated real estate strategy period.
Scenario Analysis
In the first section of the scenario analysis of operational alternatives, the customer’s initial situation is described, including activities, goals, and the operating environment. The second section creates a comprehensive description of alternative action solutions considering changes in the operating environment. The third section compares the effects of alternative scenarios, considering aspects such as benefits, risks, costs, and returns. Scenario analysis answers the question of which option it would be appropriate for the customer to proceed with.
Real Estate Financial Impact Assessment
Real estate financial impact assessment examines the financial and operational effects of organizational operational alternatives. Thus, it looks at the relationship between the organizational operational goals and specific measures. Impact assessment can be conducted for individual properties and premises or for the entire real estate portfolio.
Real Estate Technical Needs Planning
The aim of a real estate technical needs planning is to form an impartial overview of the property and to identify any repair and condition survey needs of the building.