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| Corporate Real Estate Management:
Evidence from German Companies Author: Wolfgang Schaefers Start Page: 301 Abstract: Based on a conceptual
framework of factors representing and influencing corporate real estate management, this
study is the first to be performed on the topic in Germany. The research shows that,
despite their significant value and associated costs, real estate assets are at present
seriously undermanaged by the vast majority of German companies. It seems that the
international "bandwagon" toward active real estate management has not yet
reached German firms. However, in some companies the function is evolving into a
recognized management activity that requires a more formal and systematic approach. |
