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    The outsourcing of corporate real estate asset management in New Zealand

    McDonagh, John; Hayward, TJ
    Abstract
    For many non-property investment organisations real estate asset management is seen as a non-core activity and they seek to shift this responsibility onto some one else. In response to this increasing demand, corporate real estate service providers have emerged. Some have come from the traditional investment property management sector - others from elsewhere such as accounting firms. These service providers understandably vigorously promote the advantages of outsourcing, but there have also been reports of outsourced services not delivering the claimed benefits or other more serious problems with the practice. This paper addresses this situation by presenting presents the results of a comprehensive mail survey of outsourcing practices and experiences amongst a wide range of organisations in New Zealand holding a substantial property portfolio.... [Show full abstract]
    Keywords
    outsourcing; real estate; corporate real estate asset management (CREAM); New Zealand
    Fields of Research
    150403 Real Estate and Valuation Services
    Date
    2000
    Type
    Conference Contribution - published (Conference Paper)
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    • Department of Land Management and Systems [402]
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    DOI
    https://doi.org/10.1108/14630010010811437
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    Citation
    McDonagh, J. & Hayward, T. (2000). The outsourcing of corporate real estate asset management in New Zealand. In Proceedings from the 6th annual conference of the Pacific Rim Real Estate Society, Sydney, Australia, 23-27 January 2000.
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