Corporate Real Estate Management in the Retail Sector: A study of the relationship
between the management of the corporate real estate and corporate performance
Virginia Gibson and Richard Barkham
Working Papers in Land Management and Development 02/99
pp.18
Abstract
Retail organisations have often been cited as being at the forefront
of corporate real estate management. This research found that the retail
sector can be characterised by diversity both in terms of the degree to
which organisations are vertically integrated and in terms of the range
of modes of retailing they engage in. This in turn led to highly diverse
real estate portfolios. Given this diversity it may be surprising that
the over riding strategy which the vast majority of sample firms adopted
was focused on supporting the core retail activity. However the way in
which they implement this strategy, again reflected the diversity in the
sector. In terms of the future, the senior real estate managers were focusing
on the medium term particularly looking at the way change would impact
their functional strategy. This study provides a snap-shot of current practice
and contributes to the debate however it also recognised that there is
a need to answer the more fundamental questions.
To List of Working
Paper Titles
To Main Menu