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Corporate Real Estate Management in the Retail Sector: Investigation of Current Strategy and Structure

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  • Virginia A Gibson

    ()
    (The University of Reading, Whiteknights, Reading, UK)

  • Richard Barkham

    ()
    (The Grosvenor Office, London)

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    Abstract

    Retail organizations are often cited as being at the forefront of corporate real estate management. This research found that the retail sector is characterized by diversity both in terms of the degree to which organizations are vertically integrated and in terms of the range of modes of retailing they engage in. This in turn led to diverse real estate portfolios. However, regardless of this diversity, the over riding strategy was focused on supporting the core activity. This study provides a snapshot of current practice however it also uncovers the need for a greater understanding of the diversity in practice.

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    File URL: http://aux.zicklin.baruch.cuny.edu/jrer/papers/pdf/past/vol22n0102/05.107_128.pdf
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    Bibliographic Info

    Article provided by American Real Estate Society in its journal Journal of Real Estate Research.

    Volume (Year): 22 (2001)
    Issue (Month): 1/2 ()
    Pages: 107-128

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    Handle: RePEc:jre:issued:v:22:n:1/2:2001:p:107-128

    Contact details of provider:
    Postal: American Real Estate Society Clemson University School of Business & Behavioral Science Department of Finance 401 Sirrine Hall Clemson, SC 29634-1323
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    Web page: http://www.aresnet.org/

    Order Information:
    Postal: Diane Quarles American Real Estate Society Manager of Member Services Clemson University Box 341323 Clemson, SC 29634-1323
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    Web: http://aux.zicklin.baruch.cuny.edu/jrer/about/get.htm

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    References

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    Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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    1. Martha A. O’Mara, 1999. "Strategic Drivers of Location Decisions for Information-Age Companies," Journal of Real Estate Research, American Real Estate Society, vol. 17(3), pages 365-386.
    2. Stephen E. Roulac, 1994. "Retail Real Estate in the 21st Century: Information Technology + Time Consciousness + Unintelligent Stores = Intelligent Shopping? NOT!," Journal of Real Estate Research, American Real Estate Society, vol. 9(1), pages 125-150.
    3. Kerry D. Vandell & Charles C. Carter, 1992. "Retail Store Location and Market Analysis: A Review of the Research," Wisconsin-Madison CULER working papers 92-02, University of Wisconsin Center for Urban Land Economic Research.
    4. John D. Benjamin, 1994. "The Changing Retail Real Estate Marketplace: An Introduction," Journal of Real Estate Research, American Real Estate Society, vol. 9(1), pages 1-4.
    5. Alfred D. Chandler, 1969. "Strategy and Structure: Chapters in the History of the American Industrial Enterprise," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262530090, December.
    6. Hugh O. Nourse & Stephen E. Roulac & Stellan Lundstrom, 1993. "Linking Real Estate Decisions to Corporate Strategy," Journal of Real Estate Research, American Real Estate Society, vol. 8(4), pages 475-494.
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    Cited by:
    1. Chris Manning & Stephen E. Roulac, 2001. "Lessons from the Past and Future Directions for Corporate Real Estate Research," Journal of Real Estate Research, American Real Estate Society, vol. 22(1/2), pages 7-58.
    2. Anna-Liisa Lindholm & Karen M. Gibler & Kari I. Levainen, 2006. "Modelling the Value Adding Attributes of Real Estate to the Wealth Maximization of the Firm," Journal of Real Estate Research, American Real Estate Society, vol. 28(4), pages 445-476.

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