IDEAS home Printed from https://ideas.repec.org/a/aza/crej00/y2018v7i4p369-384.html
   My bibliography  Save this article

Elevating corporate real estate: Changing how CRE organisations work to enable the business

Author

Listed:
  • Vazquez, John M.

Abstract

Corporate real estate (CRE) organisations must fundamentally think and act differently than they have in the past, to elevate their importance and increase the amount of value they add to the business. The CRE organisation must manage the conversation in the C-suite by speaking in business terms and abandoning real estate speak in order to reshape how the business perceives the value of its real estate and workplace. CRE leaders must develop unique and timely opportunities to monetise, manage and reposition its assets in a cost-effective manner. Equally crucial to CRE leaders is the agility to change the portfolio quickly, unlock trapped value and structure innovative deals. CRE must successfully conceive and execute transformational strategies and forge internal and external partnerships to act faster and accelerate their brand. With this multi-faceted approach, driven by a focus on talent, location and business productivity a CRE organisation can enable the business and ultimately earn its seat at the C-suite table.

Suggested Citation

  • Vazquez, John M., 2018. "Elevating corporate real estate: Changing how CRE organisations work to enable the business," Corporate Real Estate Journal, Henry Stewart Publications, vol. 7(4), pages 369-384, June.
    • Handle: RePEc:aza:crej00:y:2018:v:7:i:4:p:369-384
    as

    Download full text from publisher

    File URL: https://hstalks.com/article/1030/download/
    Download Restriction: Requires a paid subscription for full access.
    File URL: https://hstalks.com/article/1030/
    Download Restriction: Requires a paid subscription for full access.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Keywords

    CRE elevation; CRE transformation; portfolio monetisation; portfolio optimisation; CRE strategies;
    All these keywords.

    JEL classification:

    • R3 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:aza:crej00:y:2018:v:7:i:4:p:369-384. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Henry Stewart Talks (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.