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Realizing the Value of Corporate Real Estate Management

Hartmann, Steffen ; Linnemann, Peter ; Pfnür, Andreas ; Siperstein, Boris (2009)
Realizing the Value of Corporate Real Estate Management.
In: Wharton Real Estate Review, Spring Issue 2009,
Artikel, Bibliographie

Kurzbeschreibung (Abstract)

This study examines how corporate real estate management (CREM) departments are viewed within the larger corporate culture. It draws particular attention to the European and U.S. markets, focusing on four specific sectors: banking, energy, telecommunication, and transport and logistics. The study reveals that although corporate real estate remains an important asset on corporate balance sheets, it is currently "under-managed" in both the United States and Europe, and CREM departments lack prominence in most companies. As a result, companies are not realizing the full value of their real estate assets, and are turning attention to them only in difficult times when property valuations are generally depressed.

Typ des Eintrags: Artikel
Erschienen: 2009
Autor(en): Hartmann, Steffen ; Linnemann, Peter ; Pfnür, Andreas ; Siperstein, Boris
Art des Eintrags: Bibliographie
Titel: Realizing the Value of Corporate Real Estate Management
Sprache: Englisch
Publikationsjahr: 2009
Verlag: Samuel Zell and Robert Lurie Real Estate Center
Titel der Zeitschrift, Zeitung oder Schriftenreihe: Wharton Real Estate Review, Spring Issue 2009,
Kurzbeschreibung (Abstract):

This study examines how corporate real estate management (CREM) departments are viewed within the larger corporate culture. It draws particular attention to the European and U.S. markets, focusing on four specific sectors: banking, energy, telecommunication, and transport and logistics. The study reveals that although corporate real estate remains an important asset on corporate balance sheets, it is currently "under-managed" in both the United States and Europe, and CREM departments lack prominence in most companies. As a result, companies are not realizing the full value of their real estate assets, and are turning attention to them only in difficult times when property valuations are generally depressed.

Zusätzliche Informationen:

Executive Summaries of Wharton Real Estate Review XIII

Fachbereich(e)/-gebiet(e): 01 Fachbereich Rechts- und Wirtschaftswissenschaften > Betriebswirtschaftliche Fachgebiete > Fachgebiet Immobilienwirtschaft und Baubetriebswirtschaftslehre
01 Fachbereich Rechts- und Wirtschaftswissenschaften
01 Fachbereich Rechts- und Wirtschaftswissenschaften > Betriebswirtschaftliche Fachgebiete
Hinterlegungsdatum: 24 Aug 2009 16:09
Letzte Änderung: 05 Mär 2013 09:21
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