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Improve Your Workspace with a Office Renovation

 

In today’s ever-evolving business landscape, it’s crucial to adapt your workspace to the changing needs of your organization. CBRE Thailand, a leading real estate services provider, specializes in delivering office renovation and fit out projects that maximize your return on investment while minimizing risk.

 

Strategic Planning and Cost-Benefit Analysis

Before beginning any office renovation or fit-out project, invest time in strategic planning to identify real estate opportunities with the highest ROI potential and the least possible risk. Conduct a cost-benefit analysis to make an economically sound decision and develop a business case to demonstrate the necessity of the project. Factor in the full life-cycle cost, and engage with relevant business leaders early on to ensure buy-in from internal stakeholders.

 

Project Initiation and Consultant Appointment

Upon approval of the business case, the project enters the project initiation phase, requiring the appointment of a project management consultant, such as CBRE Thailand. The consultant will review transaction management activity, project timeline, and scope, highlighting potential budget and schedule impacts. Test-fits will be developed to ensure the area is suitable to support the business requirements while identifying any due diligence requirements and possible pre-funding for the project.

 

Project Planning and Additional Consultant Selection

In the project planning stage, the project manager identifies additional consultants needed to assist in delivering the office renovation and fit-out. Key decisions include whether to use a traditional approach or a design-and-build contractor. The consultant team may include technical due diligence specialists, interior designers, MEP engineers, structural engineers, and IT/AV consultants. The project manager develops a project execution plan and a detailed procurement strategy outlining the tendered work packages, recommended shortlist, timeline, and budget for each contract.

 

CBRE Thailand has the expertise and experience to guide you through a successful office renovation and fit-out project. Our team is dedicated to helping you transform your workspace to serve your business better needs while minimizing risks and maximizing ROI.