Publication

Corporate real estate asset management : Is it applicable to local authorities in New Zealand : A dissertation submitted in partial fulfilment for the requirements of the degree of Master of Property Studies at Lincoln University

Date
2001
Type
Dissertation
Abstract
Corporate real estate asset management is the concept of management that promotes the use of real estate assets more intensively, more productively and more efficiently. Particularly when real estate, for many organisations, represents a significant capital value on the corporate balance sheet. The management of real estate assets is becoming increasingly more important especially considering that typically most organisations have in the past ignored the profit potential of the real estate they own and use. This research assesses New Zealand local authorities' current management attitude and practices in relation to the three primary factors shown by many past researchers to have a strong impact upon the overall effectiveness of corporate real estate asset management. Data collected by means of a nationwide survey of all local authorities within New Zealand show that many local authorities are still largely unaware of the wealth enhancing benefits of effective corporate real estate management. As organisations world wide seek greater control over costs and more competitive and strategic advantages in an increasingly competitive global market environment, local authorities too should look beyond the rate payers to fund the demand for higher levels and greater sophistication of services from their rate-paying clients. This study looks at three primary factors in corporate real estate management and examines how local authorities perform or measure up in the strategy of proactive property management, a largely under-rated management activity that can provide enormous benefits to many organisations.
Source DOI
Rights
https://researcharchive.lincoln.ac.nz/pages/rights
Creative Commons Rights
Access Rights
Digital thesis can be viewed by current staff and students of Lincoln University only. If you are the author of this item, please contact us if you wish to discuss making the full text publicly available.