Property portfolio dynamics: the flexible management of inflexible assets

Virginia Gibson (Virginia Gibson is BT Property Research Fellow and Senior Lecturer in Land Management, in the Department of Land Management and Development at the University of Reading, UK.)

Facilities

ISSN: 0263-2772

Publication date: 1 March 2000

Abstract

Resource flexibility is increasingly vital to meet the ever changing needs of organisations. Property is, by its nature, a highly inflexible resource. It needs to become not only more physically flexible, but also more functionally and financially flexible. The paper argues that core property, which is functionally flexible, should be supported by peripheral property, which is financially flexible. A framework for evaluating the flexibilities of a property portfolio is proposed as a basis for assessing when and where flexibility is required.

Keywords

Citation

Gibson, V. (2000), "Property portfolio dynamics: the flexible management of inflexible assets", Facilities, Vol. 18 No. 3/4, pp. 150-154. https://doi.org/10.1108/02632770010315715

Publisher

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MCB UP Ltd

Copyright © 2000, MCB UP Limited

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