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The performance measurement of corporate real estate portfolio management

Barry Varcoe (Director of Global Strategic Planning and Innovation, Johnson Controls, Inc. 2 The Briars, Waterberry Drive, Waterlooville PO7 7YH, UK; Tel: +44 (0)2392 239254; Fax: +44 (0)2392 230501; E‐mail: Barry.J.Varcoe@jci.com)

Journal of Facilities Management

ISSN: 1472-5967

Article publication date: 1 April 2002

1939

Abstract

In today’s highly charged economic environment, all organisations have to make the most of all of the resources and assets at their disposal. Within corporate real estate this increasingly means adopting a portfolio approach to the management function. This paper assesses the adoption of performance management processes at this level through the review of practising leading corporate real estate teams. In documenting the measures deployed and how they are used, it identifies shortcomings and proposes an improved approach. The practical application of this is illustrated using a hypothetical case example, together with a list of potential measures.

Keywords

Citation

Varcoe, B. (2002), "The performance measurement of corporate real estate portfolio management", Journal of Facilities Management, Vol. 1 No. 2, pp. 117-130. https://doi.org/10.1108/14725960310807863

Publisher

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MCB UP Ltd

Copyright © 2002, MCB UP Limited

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