The client
Spanish company with residential and office buildings in 3 European countries (Spain, France and Luxembourg).
The challenge
- A recent divestment has endowed the company with consistent capital
- The decision makers are 5 brothers all working in this very reduced structure with only 3 other employees (secretary, finance and legal). The rest is outsourced as required
- With the aim of applying the values inherited from the family, the objective is to dimension the investment in order to professionalize and make building management more profitable.
The solution
- We went into the detail of all the costs and prescriptions of the buildings. Conceptualizing a P&L construction model
- We compare each country’s regulations on the legal obligations of residential and office buildings.
- We prospect buildings for sale in order to play with volume leverage to amortize costs and investments.
- We interact on a weekly basis with the 5 siblings to align our study and family ambitions
Results
- A European middle management structure for building management was defined, adapting the needs to the countries and types of standardization.
- Recruitment of the team and induction into the company’s operations
- Investment in new assets in the most advantageous countries
- Establishment of the holding company in Luxembourg for tax reasons
- Regular meetings to monitor performance and detect optimizations are held on a regular basis.
