Cushman & Wakefield strives for compliances empowerment

Cushman & Wakefield has partnered with Property Inspect to manage compliance across its largest real estate assets. The partnership with its Asset Management Team in Ireland is enhancing compliance management across its major real estate assets, bringing cost savings and operational efficiencies to its asset management strategy.

Property Inspect, the leading provider of building compliance and real estate solutions, is thrilled to announce its partnership with the esteemed global commercial real estate services firm Cushman & Wakefield.

Working with its Asset Management Team in Ireland, this partnership signifies a pivotal advancement in its property inspection processes. It empowers the Cushman & Wakefield Asset Management Team to bring their facility services in-house, saving the need for expensive external resources.

Recognising the manual, costly and resource-heavy nature of its inspection efforts to date, Cushman & Wakefield approached Property Inspect for a streamlined and efficient way to simplify its inspection workflows, with an aim to bolster compliance and expand the capabilities of its internal team.

With an annual inspection mandate covering 8000 assets and diverse requirements ranging from Fire Risk to Health & Safety and meridian compliance, it sought a partner capable of delivering an easy-to-use and easy to integrate inspection system that can offer actionable insights to multiple teams and stakeholders.

"After meticulous evaluation, we chose Property Inspect for its unparalleled service quality, adaptability, and seamless integration capabilities," remarked Hazel O' Carroll, Associate Director, Asset Services at Cushman & Wakefield. "Their commitment to excellence and tailored approach aligned perfectly with our vision for streamlined operations."

Property Inspect responded swiftly to Cushman & Wakefield's needs, addressing key priorities such as base scoring methodologies and implementing a grading scoring system for Meridian compliance risk management. The partnership has yielded significant outcomes, including enhanced data collection, user-friendliness, and scalability, culminating in a roll-out to one of its largest assets, Dublin Airport Central.

As a result, Property Inspect enhanced Cushman & Wakefield's operations by reducing inspection times from 6 to 2 hours, resulting in significant annual cost savings.

"We are excited to embark on this collaboration with Cushman & Wakefield, helping them dramatically reshape its property management processes," comments Steve Rad, CEO at Property Inspect.

"Through the implementation of Property Inspect, its teams have not only seen immediate enhancements in compliance rates, operational efficiency, and risk mitigation efforts, but have also experienced a significant transformation in the way they manage their properties, saving them time and the need for costly external resources."

The success of this partnership highlights the power of innovation and collaboration in revolutionising property management. As Cushman & Wakefield continues to expand its use of Property Inspect across its complex and comprehensive portfolio, the future prospects for enhanced efficiency and scalability remain promising for the leading commercial real estate services firm.

For more information about Property Inspect, visit www.propertyinspect.com