Corporate real Estate Asset management: A Conceptual Framework

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.