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LONDON—With real estate costs steadily rising, efficient use of space across the real estate portfolio is more important than ever. If we look at the average office as an example, 40% of available office space is under-utilized or not used at all on a typical work day. The cost associated with this represents a significant chunk of value that is going to waste on a daily basis.
The first step is to understand how space is utilized across your portfolio. Armed with this information, you can identify where opportunities to more efficiently use space exist. To gain this insight, consider these seven tips:
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