Global Estate Measurement Code for Occupiers of Real Estate
JLL’s Global Benchmarking Services help occupiers appraise the performance of their buildings and workplaces. We use the GEMCode (Global Estate Management Code) as a framework to measure occupier performance in terms of cost and space efficiency, effectiveness, fitness, environmental consumption and impact.
The GEMCode is crucial for corporates because business premises exist to allow organisations to achieve their corporate objectives. In brief, buildings need to be managed to become leaner, greener and more productive in ways that support changing business needs.
Organisations need occupancy performance data and analysis that is both business-oriented and consistent. The GEMCode supports the production of the evidence that top-performing management teams require of their real estate and facilities management functions.
Through use of the GEMCode, all professionals working for an end-user or occupier (whether working internally or in an outsourced capacity) should be able to achieve substantial benefits. These include a holistic view of property performance across the entire property portfolio, a consistent view of occupancy performance across individual buildings, businesses and geographies, clear and rapid communication of business-relevant global real estate and facilities management performance around the organisation, the ability to compare performance across industries and, finally, the capacity to create performance targets and track progress over time.
Download the Global Estate Measurement Code for Occupiers of Real Estate to find out how our methodology and performance comparisons can enable you to focus on decision-making and performance improvement in the sound knowledge that your decisions are based on the most accurate and valid data.