---
title: How Do You Manage Massive Commercial Real Estate Holdings [RFP Guide]
description: Get the indepth SAP REFX functionality requirements guidelines so you know what questions to ask when selecting your commercial real estate software.
---

[SAP BW|BOBJ|Project Management Blog ](https://www.sapbwconsulting.com/blog)

# [How Do You Manage Massive Commercial Real Estate Holdings [RFP Guide]](https://www.sapbwconsulting.com/blog/how-do-you-manage-massive-commercial-real-estate-holdings-rfp-guide)

 Written by [Lonnie D. Ayers, PMP](https://www.sapbwconsulting.com/blog/author/lonnie-d-ayers-pmp) | Sat, May, 13, 2017 @ 07:04 PM

## Retail Apocalypse Affecting Commercial Real Estate Market

If you've read the news lately, there will soon be a lot of available [real estate](https://www.sapbwconsulting.com/blog/how-to-use-sap-bw-to-prevent-retail-losses).  Why? Because the retail landscape is changing, and leaving a lot of excess 'capacity'.  That means there are going to be a lot of corporate [real estate managers](https://www.sapbwconsulting.com/sap-refx-solution-map-composer-master-data-questions) who wish they had a [system to manage these assets](https://www.sapbwconsulting.com/enterprise-services/it-services/your-5-year-it-strategic-plan-partners).  

That leads to the question - just what [functional and technical requirements](https://www.sapbwconsulting.com/improve-your-sap-bw-project-requirements-gathering) should a commercial real estate management software meet?  

 

## Broadly speaking, there are 8 functionality areas any commercial real estate software must provide.

If you're preparing an RFP for commercial real estate, then you will want to cover these areas:

 

- **[Real Property](https://www.sapbwconsulting.com/discover-the-value-proposition-for-sap-refx-land-use-management-)** & Lease Management
- Space Management
- Furniture & Equipment Management
- Project Management
- [Strategic Master Planning](https://www.sapbwconsulting.com/blog/senior-executives-use-michael-porters-five-forces-model)
- Capital Budgeting Management
- Overlay with Design Management for AutoCAD and Revit or other types of design software
- Hoteling Applications

5 Surprising [Reasons Enterprises](https://www.sapbwconsulting.com/blog/5-surprising-reasons-enterprises-dont-use-an-erp) Don’t Use An ERP

## Many Related Real Estate Management Requirements

Within these broad application areas, there are a multitude of related requirements.  

To be truly effective, a software that meets these requirements must provide a [high level of integration](https://www.sapbwconsulting.com/hubspot-integrations-sales-sap-chat) not just among these modules, but among a variety of other modules within the ERP environment and deep [integration into a variety of other systems](https://www.sapbwconsulting.com/blog/inbound-marketing/42-essential-hubspot-integrations-b2b-marketers-need-to-start-using), such as banks, credit reporting agencies, travel agencies, market platforms and many others.

## Real Estate Functionality Requirements Guide

In order to help our clients, we've put together a comprehensive Real Estate functionality requirements guide which is available by pressing the button.  It is based on a variety of real projects where SAP REFX was ultimately chosen as the software provider.  We hope you'll find it useful.

 

 

Please don't forget to share!

 

Thanks

[View full post](https://www.sapbwconsulting.com/blog/how-do-you-manage-massive-commercial-real-estate-holdings-rfp-guide)

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