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Property portfolio dynamics: the flexible management of inflexible assets

Property portfolio dynamics: the flexible management of inflexible assets Resource flexibility is increasingly vital to meet the ever changing needs of organisations. Property is, by its nature, a highly inflexible resource. It needs to become not only more physically flexible, but also more functionally and financially flexible. The paper argues that core property, which is functionally flexible, should be supported by peripheral property, which is financially flexible. A framework for evaluating the flexibilities of a property portfolio is proposed as a basis for assessing when and where flexibility is required. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Facilities Emerald Publishing

Property portfolio dynamics: the flexible management of inflexible assets

Virginia Gibson
Facilities , Volume 18 (3/4): 5 – Mar 1, 2000
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Publisher
Emerald Publishing
Copyright
Copyright © 2000 MCB UP Ltd. All rights reserved.
ISSN
0263-2772
DOI
10.1108/02632770010315715
Publisher site
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Abstract

Resource flexibility is increasingly vital to meet the ever changing needs of organisations. Property is, by its nature, a highly inflexible resource. It needs to become not only more physically flexible, but also more functionally and financially flexible. The paper argues that core property, which is functionally flexible, should be supported by peripheral property, which is financially flexible. A framework for evaluating the flexibilities of a property portfolio is proposed as a basis for assessing when and where flexibility is required.

Journal

Facilities – Emerald Publishing

Published: Mar 1, 2000

Keywords: Property

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