Corporate Real Estate Management: The New Zealand Evidence

Wei Kium Teoh
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Wei Kium Teoh: School of Building and Estate Management Faculty of Architecture and Building National University of Singapore, http://www.nus.edu.sg/

Journal of Real Estate Research, 1993, vol. 8, issue 4, 607-624

Abstract: This study represents the first to be performed on corporate real estate asset management in New Zealand. A nationwide survey of all non-real estate companies listed in the New Zealand Stock Exchange, and a case study of a New Zealand corporation were undertaken. An interdisciplinary model of corporate real estate asset management is developed based on the findings of both the survey and the case study. The study results indicate that having a positive corporate perception on corporate real estate asset management, a separate corporate real estate unit, and a real estate inventory record, are primary to the success of the said function. Having a team of motivated property staff and a fair and competitive reward system are also observed to be vital.

JEL-codes: L85 (search for similar items in EconPapers)
Date: 1993
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Citations: View citations in EconPapers (3)

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