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| Corporate Real Estate Management: The
New Zealand Evidence Author: Wei Kium Teoh Start Page: 607 Abstract: This study represents
the first to be performed on corporate real estate asset management in New Zealand. A
nationwide survey of all non-real estate companies listed in the New Zealand Stock
Exchange, and a case study of a New Zealand corporation were undertaken. An
interdisciplinary model of corporate real estate asset management is developed based on
the findings of both the survey and the case study. The study results indicate that having
a positive corporate perception on corporate real estate asset management, a separate
corporate real estate unit, and a real estate inventory record, are primary to the success
of the said function. Having a team of motivated property staff and a fair and competitive
reward system are also observed to be vital. |
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