Abstract:
The purpose of this paper is to identify the factors that influence CRE asset
management and develop a conceptual framework of CRE asset management based
on a detailed review of the existing literature. The conceptual model consists of six
elements or factors, namely: operations, organisation, financing, acquisition and
leasing, outsourcing, and disposal. The paper concludes that further research in
corporate real estate asset management is desirable and argues that the theoretical
model developed in this paper will provide a useful tool for estate management
industry practitioners in developing a more comprehensive overall CRE asset
management strategy.