The IFMA Real Estate and Property Management competency stresses that alignment with strategic objectives is the first step in planning.
Reviewing the strategic plan (B) ensures real estate decisions support business goals.
Stakeholder meetings (C) come after initial alignment with strategy.
Environmental reviews (A) and best-use studies (D) are subsequent steps.
A strategically aligned real estate master plan optimizes asset value, operational efficiency, and long-term growth.
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