Outsourcing Property Management? A Comparative Study

Heidi Falkenbach, Tuuli Jylha, Deborah Levy, Patrick McAllister and Hilde Remoy

ERES from European Real Estate Society (ERES)

Abstract: Focussing on institutional investors, this paper analyses models for the procurement and delivery of property management functions in commercial properties. In the paper, a distinction is drawn between property and asset management functions. For a range of international markets, the paper investigates approaches to outsourcing property management used by large real estate investment organisations and investors’ perceptions of the key advantages and disadvantages of outsourced property management. Drawing upon semi-structured interviews with managers responsible for overseeing procurement and delivery, the paper provides insights into the current state in property management outsourcing, the structure of the property management sector, the attributes of outsourcing contracts, perceptions of the rationales and/or benefits of outsourced property management, and issues of governance and delegated authority.

JEL-codes: R3 (search for similar items in EconPapers)
Date: 2016-01-01
References: Add references at CitEc
Citations:

Downloads: (external link)
https://eres.architexturez.net/doc/oai-eres-id-eres2016-149 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:arz:wpaper:eres2016_149

Access Statistics for this paper

More papers in ERES from European Real Estate Society (ERES) Contact information at EDIRC.
Bibliographic data for series maintained by Architexturez Imprints ().