Finding Value In Less Obvious Places

NEW YORK CITY-For most companies, owning real estate is an operational necessity, not a strategic investment. Many operating companies manage their real estate portfolios well, but still they view them as a cost of executing their core business rather than as a strategic use of capital. For these businesses, there may be significant untapped value in these assets.

Exploring ways to unlock this value, either for reinvestment into the business or other uses, could have a highly positive impact on both efficient use of capital and market perception. This is particularly true in a market climate that eagerly rewards companies for finding smart ways to add value to their shareholders.