At first, it was felt that the further strategy for the portfolio should be designed based on the results of the condition assessments and multi-annual maintenance planning. Freestone indicated that the technical state is only one of the many decision-making criteria for determining a real estate strategy.
The City of Leuven owns a very diverse portfolio to support its policy. In the past, this was often approached from the point of view of the policy domains, which each managed their own facilities.
This led to management in ‘silos’, whereby on the one hand an overarching strategy was missing, and on the other this opened the door to inefficiencies owing to the fragmentation.
Because the City of Leuven's Buildings Service was gaining greater autonomy as regards the maintenance of the buildings, and because the available resources were insufficient, the City of Leuven wished to transform itself into an active real estate manager.
Knowledge transfer of methodologies and tools for practical use were a major core principle for this assignment and the choice of Freestone as a partner.
Learn more about drawing up a real estate strategy