Corporate real estate: Its role in maximising shareholder value

Abstract

A significant proportion of corporate real estate tends to be owned by corporate occupiers for historic reasons. This may be as a result of financial planning, the use of property as a hedge against inflation or the chance of capital gains from property redevelopment. Very often, however, property has accumulated through pure inertia or lack of management focus. Consequently, for many companies, real estate is not adding shareholder value and it is perceived to be ‘an operational pain’. This paper focuses on how corporate occupiers can manage the contribution their operational properties make to shareholder value.

Citation

Hill, M. (2001), "Corporate real estate: Its role in maximising shareholder value", Journal of Corporate Real Estate, Vol. 3 No. 4, pp. 335-345. https://doi.org/10.1108/14630010110811670