Validate your future workplace capital investment
Cost benchmarking that better informs your future property selection and workplace capital investment
Stay put or relocate; modify or new fitout. These are the questions every company is faced in considering in making any workplace decision. While tenant advocates can provide detailed analysis on occupancy costs, validating the expected capital investment in a new workplace can be difficult. This is where we come in. Benchmark$ is our costing model built from over ten years of fitout and refurbishment data. This enables your tenant advisor or property team the workplace fitout capital input to inform your property opportunities' financial analysis fully. Early validation of costs informs your different property options on its likely capital investment.
What property option best aligns to our budget & culture?
Companies lean towards a certain quality of fiout and building. However, differing property options yield different costs that can be significant. Assessing the property options requires consideration of not only building quality and location, but aligning the fitout quality and cost to your desired workplace culture.
How it Works
Once property selection is reduced to a final shortlist, a design consultant is engaged to complete test fits in line with your new workplace requirements. Cost benchmarks are then completed per location to inform your selection based on existing conditions, desired fitout standard, and inclusions.
The inclusions divide the cost plans into three categories:
Inclusions are value-based features that offer wellness, architectural, performance or inclusion finishes.
Based on our extensive database of market-tested costs, we produce your key cost benchmarking.
Key Outputs
Cost plan analysis per location
Cost plan summaries
Bronze / Silver / Gold guidance per sqm
Bill of quantities
Example Output
WorkplaceCB allows assessing differing buildings and their impact on the size, i.e. stay put, modify existing tenancy, or build a new tenancy.