With an area of around ten square kilometres, BASF's site in Ludwigshafen is the largest contiguous chemical site in the world owned by just one company. Around 39,000 employees work at this site. In addition to numerous laboratory, production and office buildings on the site, there are also many event buildings and a large housing stock around the site. As part of the management consultancy in Corporate Real Estate Management (CREM) at BASF, both detailed topics (office space management) and the entire management structure of operationally necessary and non-operationally necessary real estate were examined and scrutinised.
Challenges
In addition to the technical evaluation of the real estate not required for operations, the fundamental question was to be clarified as to whether the real estate was understood as an operating resource or an asset. For this purpose, the real estate department with over 600 employees and the interfaces to the subsidiary that manages the housing stock were examined closely.
Added value
The results of the investigation made it possible to efficiently restructure the management of meeting and event spaces with a total area of around 66,000 sqm. In addition, the management structure of 170 properties outside the factory fence could be reorganised - thus qualitative and monetary improvement potentials were implemented.
Project data
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Service area
Processes + Organisation
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Solution
Business consulting and sub-segments of real estate strategy
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Client
BASF SE
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Project
"REMBrandt"
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Focus
Management concept for non-essential real estate, office space management
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Location
Ludwigshafen am Rhein
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Timeframe
01/2018 to 01/2019
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