The real estate master plan (RMP) is a real estate asset management tool that allows for medium and long-term investment planning. They integrate an analysis of the current situation and are faithful to the mission, vision and organizational model of the institution. They link an organization's strategic planning to the current and future needs of the users of the real estate.

The RMP and CP make it possible to identify the components to meet these needs through a systemic analysis that covers all the spheres of activity of building asset users. They act as catalysts in the elaboration of the real estate scenario by proposing an overall development and investment strategy. Several functional programs (FPs) can be derived from a RMP and CP and can be staggered over time according to the priorities of the institution.

Implementation steps

Analysis of the organizational and real estate data of a facility or a real estate portfolio;

Gathering user needs through collaborative roundtable discussions and identifying overall issues;

Synthesis of accumulated data and definition of real estate and clinical needs (in the case of a CP);

Development of guiding principles and functional explorations in accordance with the institution's vision;

Development of an optimal real estate solution, cost estimation, phasing of interventions, and definition of a project implementation schedule.