Boston (Photograph: Mark Neuburger).
Breaking New Ground
SIREAS, LLC has announced it has become a Vested® Center of Excellence for guiding companies in developing win-win outsourcing management relationships in corporate real estate and facilities management.
The leading corporate real estate (CRE) advisory firm has led real estate and facilities-related outsourcing initiatives which have achieved over $1 billion in savings for its clients on contracts valued at more than $3 billion and encompassing in excess of 600 million square feet of space. Becoming a Vested® Center of Excellence will further enhance the firm’s already substantial tool set in implementing successful outsourcing relationships for its clients.
SIREAS designs and drives strategies that deliver meaningful savings, organizational and service delivery performance, and shareholder value for CRE organizations on a global scale. The firm is an innovator in performance-based contracting and an industry leader in relationship management and governance.
Vested® is a groundbreaking business model, methodology, mindset and movement developed by researchers at the University of Tennessee’s Haslam’s College of Business Administration. The research, originally funded by the U.S. Air Force, provides extensive academic and hands-on research into progressive outsourcing programs. Vested® has quickly emerged as a global outsourcing standard adopted by Fortune 500 corporations, government agencies and major NGOs around the world as a way to create highly collaborative business relationships that enable true win-win propositions.
Kate Vitasek, lead faculty and researcher behind the Vested® model at the University of Tennessee, stated, “We are proud to announce SIREAS as a Vested Center of Excellence, specializing in the field of corporate real estate and facilities management. Their strong background in real estate and facilities management outsourcing will be an asset to organizations wanting to make a shift to a more strategic Vested® model.”
“We are proud to be leading the corporate real estate and facilities management industry into the Vested® outsourcing ecosystem,” said SIREAS President and CEO Ingrid Fenn. “By leveraging the Vested® approach with our corporate clients, we believe SIREAS can help continue to spark outsourcing innovation and improved supplier relationships and service, while reducing costs and enhancing shareholder value.”
SIREAS President Ingrid Fenn will be leading a panel on “The Challenges and Benefits of Using the Vested® Model” at 9:30 a.m. Oct. 18 at the Corenet Global Summit in Philadelphia. Summit attendees are invited to meet the SIREAS team at Booth #422.
More information is available online at www.sireasllc.com.