In today’s highly charged economic environment, all organisations have to make the most of all of the resources and assets at their disposal. Within corporate real estate this increasingly means adopting a portfolio approach to the management function. This paper assesses the adoption of performance management processes at this level through the review of practising leading corporate real estate teams. In documenting the measures deployed and how they are used, it identifies shortcomings and proposes an improved approach. The practical application of this is illustrated using a hypothetical case example, together with a list of potential measures.
Journal of Facilities Management – Emerald Publishing
Published: Apr 1, 2002
Keywords: Performance measurement; portfolio management; Corporate real estate; Facilities management; Real estate strategy
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