Optimising asset value through world class asset management strategies

Catherine Lai (Miners) and Brenna Walraven

Corporate Real Estate Journal, 2016, vol. 6, issue 2, 122-144

Abstract: In today’s economic climate, asset managers are constantly challenged to cut costs while increasing revenue. Shareholders demand more, as do occupiers. Based on global experience and practical execution success, this paper will describe how the use of world class asset management strategies can exceed the expectations of both sides of the revenue and expense equation and enhance value. The focus of this paper is on the human element of the role of asset managers and property managers. It will demonstrate the importance of valuing people and provide insight into how to achieve world class asset management practice (WCAM). It will also demonstrate how the achievement of WCAM drives peak performance and engenders value leverage. The paper will highlight that a creative approach to the management of an asset is a critical element to ensuring that an asset or portfolio can take its place in the ‘world class’ category and outperform its competition.

Keywords: value leverage; human element; creative approach; seamless service; exceed customer expectations; outperform sustainability drivers (search for similar items in EconPapers)
JEL-codes: R3 (search for similar items in EconPapers)
Date: 2016
References: Add references at CitEc
Citations:

Downloads: (external link)
https://hstalks.com/article/4003/download/ (application/pdf)
https://hstalks.com/article/4003/ (text/html)
Requires a paid subscription for full access.

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:aza:crej00:y:2016:v:6:i:2:p:122-144

Access Statistics for this article

More articles in Corporate Real Estate Journal from Henry Stewart Publications
Bibliographic data for series maintained by Henry Stewart Talks ().