Case Study: Forbury X Colliers Poland
Colliers Poland leads the way by streamlining their transaction modelling
Faced with the challenge of managing disjointed models, Colliers’ Poland Investment Services department needed a seamless and user-friendly solution that aligned with EU market standards. The adoption of Forbury led to enhanced efficiencies throughout their modelling processes.
“Forbury’s flexibility allows us to integrate their solutions into our existing models, ensuring precision and reliability. Specific market standards are now addressed, simplifying data presentation and enhancing client understanding.”
KRZYSZTOF CHYLA, TRANSACTION MANAGER - COLLIERS POLAND
Reducing Commercial Real Estate appraisal time by up to 95%, Forbury Datum is transforming the industry.
The Challenge
Colliers in Poland were using individual Excel files to model their assets, each created and maintained by a different person. This resulted in additional work for each team member, making project management and cash flow design a cumbersome, artisanal process. Model maintenance became challenging, prompting them to seek an alternative solution that aligned with EU market requirements.
Driving efficiency and seamless cash flow integration
“We seamlessly integrated the cash flow component of the Forbury model into our existing framework, giving us the ability to accurately calculate various aspects of our operations at greater speed and with less manpower. This integration has demonstrated Forbury’s flexibility, reliability and exceptional precision.”
The Solution
Krzysztof Chyla, Transaction Manager was excited to hear that Forbury aligned with Colliers’ EU market standards, ready to model the local nuances as needed. “Even seemingly minor outputs and calculations proved invaluable in client presentations. Explaining our assumptions to clients becomes significantly simpler when they are presented with familiar elements.”
Forbury's Excel-based model allows Colliers to verify each calculation with ease, ensuring transparency – no more black boxes. “This transparency enables us and our clients to check calculations with ease. We want to discuss the assumptions, not the math, which we have found is the case when using Forbury.”
The Benefits
The Colliers Investment Services team have significantly improved efficiency and speed, streamlining their analytics and modelling processes. Beyond internal use, Forbury also serves as a valuable marketing tool during property representation, aiding in due diligence and profitability assessments.
The comprehensive support provided by the team of Forbury analysts allowed the Colliers team to keep moving. “The level of support we've received has been second to none. Whether it's through training sessions or ad-hoc support, it’s evident the people aspect of Forbury operates superbly, complementing the excellence of their product.”
See how Forbury Datum elevates modern appraisal workflows.
Fast, transparent and designed for industry collaboration.
About Colliers
Specialising in the three primary asset classes within the Polish market—office, industrial, and retail—they provide expert guidance to property occupiers, owners and investors, driving the industry with their forward-thinking approach.
https://www.colliers.com/en-pl
https://www.linkedin.com/company/colliers/
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