Real Estate, Hospitality & Construction

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Real Estate, Hospitality & Construction Advisory Services

Our Real Estate, Hospitality & Construction professionals help clients make informed decisions to achieve a competitive advantage by managing risk, reducing costs and increasing operational efficiencies.

We help demonstrate the tangible and intangible contributions that real estate and facilities assets make in supporting business unit goals, and can advise on aligning your real estate strategy with your business’s wider objectives.

Our service offerings include:

Risk Management

Internal Audit

  • Evaluating internal audit process, technology and people aspects
  • Assisting internal audit transformation to drive value and cost efficiencies
  • Sourcing support to help increase the return on internal audit investment

Enterprise Risk Management (ERM)

  • Identifying, assessing and prioritizing key business risks
  • Facilitating risk valuation and prioritization session with executive management
  • Defining and monitoring risk mitigation strategies

Construction Program and Project Risk

  • Risk assessment
  • Improvement of controls to mitigate risks assessed
  • Monitoring of project risks

Assess Risk and Implementing Controls

  • Assessing corporate risks
  • Implementing internal controls

Project Management Oversight

  • Assisting with construction project management
  • Implementing controls to mitigate fraud and validate compliance with relevant policies

Process, Technology and Controls Improvement

Business Process

  • Standardizing, optimizing and integrating people, process and technology across entire enterprise or function
  • Streamlining processes, better alignment with organization models

Technology Selection and Improvement

  • Analyzing and implementing technology to meet business objectives
  • Implementing system controls to reduce risk of error or data inaccuracies

Lease Administration

  • Leveraging technology to support lease administration
  • Performing lease audits

Policy & Procedure Development

  • Establishing all aspects of business and accounting processes
  • Documenting with evidence that they are consistently followed

Analytics

  • Improving decision-making and key processes in order to gain competitive advantage and increase shareholder value through the extrapolation of relevant information and trends into innovative perspectives.

Operating Model

  • Establishing major change programs to reshape the business and redefine the target operating model

Cost Reduction

Construction Cost Management

  • Validation of cost estimates
  • Forecasting estimates to complete
  • Contracting strategy
  • Contract compliance reviews
  • Cost recovery audits

Portfolio Rationalization

  • Demand and supply optimization of real estate space
  • Optimization of owned vs. rented space
  • Alternative workplace strategy

Operating Cost Reduction

  • Optimization of real estate portfolio operating model
  • Benchmarking of operating costs and service levels
  • Sourcing support for facility management, transaction and project management services

Contact us

Tony Ianni    Tony Ianni 
National Leader
Real Estate, Hospitality, & Construction
416 943 3476
 
Krista Blaikie    Krista Blaikie 
Vancouver
Real Estate, Hospitality, & Construction
604 891 8418
 
EY - Laurent Liagre    Laurent Liagre 
Montreal
Real Estate, Hospitality, & Construction
514 879 8038
 
EY - Mark Vrooman    Mark Vrooman 
Toronto
Real Estate, Hospitality, & Construction
416 943 3954
 

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The ULI/EY real estate consensus forecast

Get a snapshot of what’s to come in the real estate market with our three-year forecast — a collaboration with the Urban Land Institute.