CONVERSIONS STRATEGIES IN OFFICE SPACES
ROD Office joins ROD Corporate, ROD Private Equity, ROD Retail, and ROD Chains to form a wavelength on getting the most desirable judgment on a profitable conversion. Workplace experience throughout the world is continuously evolving. Many real estate clients with underperforming and cost heavy assets or assets that lack the management that leads to successful exploitation of the business have chosen ROD Offices when they needed reliable partners. We believe our teams are masterful in solving a wide range of regulatory hiccups as well as refining business models even the ones that are held back by the above-board or KPI constraint. Dormant office properties can be converted into hotels and warehouses for retail, companies around the world are looking to reduce capital costs, and streamline office work and delivery flows are prone to stay competitive and achieve the best performance. Such instances must be taken seriously, through insightful planning, and rigorous management, different scenarios can be identified for future repurposing.
A retail office building chain in a prime location that was hit by the pandemic was converted into a multifamily living facility as the strategy that was presented was to renovate it into living facilities with beds and a much higher occupancy to take advantage of the location.
To increase the usability and the ROI due to low demand, retail shopping centers have been converted into young and dynamic co-working places for an affordable rental price to several customers, the holding company has gained two folds occupancy rate, and improved its cash flow dramatically.
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