Siemens 2005 Annual Report Download - page 45

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45
Siemens Real Estate (SRE)
As Siemens’ real estate arm and an international specialist in office
and industrial real estate, SRE manages, develops, buys and sells real
estate. It also provides consulting and other services.
We have been managing Siemens’ real estate holdings
at some 3,000 locations worldwide since 1994. Our
portfolio encompasses office, production, storage and
specialist properties. We also offer internal and exter-
nal customers office and industrial space – supported
by a full range of services – in six technology parks.
Our activities focus on the profit-oriented manage-
ment and development of Siemens’ real estate assets
and the provision of cost-effective space for Company
operations. In addition to cutting costs by optimizing
real estate utilization, we also maximize earnings
from properties. Our professional services include
renting and leasing; contract, space and service man-
agement; regional site and space planning; real estate
and site evaluation; worksite concepts such as the
workplace management solution that we launched in
2004; portfolio management; commercialization; land
and building development; and architecture and proj-
ect management. Our major projects currently include
lead management of the construction of new Siemens
headquarters complexes in Beijing and Moscow.
We also advise and support the Siemens Groups in all
real estate-related matters. Worldwide, we are directly
responsible for about 19 million square meters of land
and some ten million square meters of commercial
real estate. We also manage about 8.5 million square
meters of land and buildings belonging to the Siemens
Groups. With more than 30 companies and business
units, we are active on five continents, making us one
of the largest corporate real estate organizations in the
world.
www.siemens.com/realestate
Group Presidents Business Areas
Financing and Real Estate
Megatrends Report of the Supervisory Board Corporate Governance Report