IDEAS home Printed from https://ideas.repec.org/a/eme/jpifpp/v28y2010i5p354-364.html
   My bibliography  Save this article

Towards value‐creating corporate real estate assets management in emerging economies

Author

Listed:
  • Timothy Tunde Oladokun

Abstract

Purpose - This paper aims to increase the awareness of developing countries' corporations and academics concerning the significant importance of CRE holdings in corporate asset portfolios. It seeks to demonstrate how corporate real estate management can be employed by organisations in developing countries to add value to overall business value by adopting quantitative evaluation measures to determine space utilisation and occupation of organisations. Design/methodology/approach - The methodology involved the review and analysis of previous related papers in respect of the subject in advanced countries as a guide to practitioners in developing countries. The paper identified the various concepts and attributes of real estate that make it a unique value‐adding product to a business organisation. The paper outlines performance measures that are in common practice in advanced countries for use in developing countries. Findings - The practice of corporate real estate management is still relatively new to African countries like Nigeria. The implication is not benefiting from value contribution that real estate could make to business organisations. Understanding real estate performance measures is a major pathway to tapping the benefits of real estate. Originality/value - The paper is a useful guide to corporate real estate managers in developing countries towards employing real estate holdings to increase the overall value of their companies.

Suggested Citation

  • Timothy Tunde Oladokun, 2010. "Towards value‐creating corporate real estate assets management in emerging economies," Journal of Property Investment & Finance, Emerald Group Publishing Limited, vol. 28(5), pages 354-364, August.
    • Handle: RePEc:eme:jpifpp:v:28:y:2010:i:5:p:354-364
    DOI: 10.1108/14635781011069963
    as

    Download full text from publisher

    File URL: https://www.emerald.com/insight/content/doi/10.1108/14635781011069963/full/html?utm_source=repec&utm_medium=feed&utm_campaign=repec
    Download Restriction: Access to full text is restricted to subscribers
    File URL: https://www.emerald.com/insight/content/doi/10.1108/14635781011069963/full/pdf?utm_source=repec&utm_medium=feed&utm_campaign=repec
    Download Restriction: Access to full text is restricted to subscribers
    File URL: https://libkey.io/10.1108/14635781011069963?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

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

    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:eme:jpifpp:v:28:y:2010:i:5:p:354-364. 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: Emerald Support (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.