We recently blogged about using IBM Cognos TM1 for capacity planning in both the oil & gas industry and in manufacturing. We also have a great client example of how TM1 can be used for capacity planning in the REIT industry.
Our client, a large real estate investment trust (REIT) company with several billion dollars in assets and Class A office space in most major U.S. cities needed a sophisticated solution to model out leases for its buildings and space, and to plan for lease expirations and renewals. The REIT wanted to perform complex capacity planning and revenue planning by identifying which regions and buildings are expected to gain capacity. This information would also allow the company to make strategic decisions about when and where to upgrade facilities, adjust rents and change terms of new leases.
With TM1, the REIT now has a capacity planning solution that enables them to analyze information by tenant, by lease and by building. It can perform analysis on expirations and renewals, in order to project current and future revenues based on both existing and anticipated conditions.
Read about capacity planning in the REIT industry.