2nd Edition

Corporate Real Estate Asset Management Strategy and Implementation

    464 Pages
    by Routledge

    464 Pages
    by Routledge

    The second edition of Corporate Real Estate Asset Management is fully up to date with the latest thought and practice on successful and efficient use of corporate office space. Written from an occupier’s perspective, the book presents a ten-point CREAM model that offers advice on issues such as sustainability, workplace productivity, real estate performance measurement, change management and customer focus. In addition, new case studies provide real-life examples of how corporations in the UK, USA, Hong Kong and Abu Dhabi actively manage their corporate real estate.

    The book is aimed at advanced undergraduate and graduate students on corporate real estate, facilities management and real estate courses and international MBA programmes.

    1. The Cream Context

    2. Positon: Understanding the business environment

    3. Purpose: How company and corporate strategies can be aligned

    4. Paradigm: How a company aligns its real estate with its culture, mission and values

    5. Processes: How real estate can support business processes, activities and work styles

    6. Procurement: Selecting appropriate real estate options that support the strategic and financial requirements of the corporate occupier

    7. Place: Selecting appropriate locations, buildings and configurations

    8. People: The importance of the interaction between people and real estate

    9. Planet: How CREAM can integrate sustainability, responsibility and governance

    10. Performance: How to measure and benchmark the performance of corporate real estate

    11. Productivity: How CREAM can support improved business productivity

    Case Studies

    Case Study 1: A Sectoral view of CREAM: TMT

    Case Study 2: Implementing Activity Based Working

    Case Study 3: Activity based Workplaces

    Case Study 4: Benchmarking key CREAM components

    Case Study 5: Integrating Sustainability into CREAM practice

    Case Study 6: CREAM in the Public Sector

    Case Study 7: Coworking: JustCo Case Study Singapore

    Case Study 8: Workplace Transformation: Nokia connecting people  

    Case Study 9: Headquarter reconfiguration: The Hong Kong Jockey Club


    Barry P. Haynes is a chartered engineer and a chartered facilities management surveyor. He is a Principal Lecturer at Sheffield Hallam University, UK, and has 20 years of teaching and learning experience. Prior to this he has experience of working in both the private and public sectors. His research interests include workplace productivity and corporate real estate management.

    Nick Nunnington is currently a Visiting Professor of Corporate Real Estate at Nottingham Trent University, UK, a part-time lecturer at the Hanzehogeschool Groningen University of Applied Sciences, the Netherlands, and a consultant in real estate curriculum design with more than 20 years of experience teaching and designing real estate curriculums internationally. He is co-author of Income Approach to Property Valuation, published by Routledge.

    Timothy Eccles is Course Leader in Real Estate at Nottingham Trent University, UK. With over 25 years of teaching experience, he has been involved in designing, managing and running construction and real estate courses from foundation degree through to doctoral level. He has most recently published benchmarks and best practice advice on commercial service charges and is co-author of a property economics textbook.