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Corporate Property Management »

Book cover image of Corporate Property Management by Victoria Edwards

Authors: Victoria Edwards, Louise Ellison
ISBN-13: 9780632060511, ISBN-10: 0632060514
Format: Paperback
Publisher: Wiley, John & Sons, Incorporated
Date Published: October 2003
Edition: (Non-applicable)

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Author Biography: Victoria Edwards

Dr Victoria Edwards is principal lecturer in Land Management in the School of Environmental Design and Management at the University of Portsmouth. Louise Ellison is Senior Lecturer at the School of Surveying, Kingston University. Their interests span the sustainable management of all types of property - from retail and office buildings to forests and coastal zones. They have combined teaching experience of 25 years at undergraduate and postgraduate level, as well as practical experience in property management.

Book Synopsis

Corporate property is routinely identified as the second biggest cost within a business organization after staff. Effective management of such a major asset requires a fundamental understanding of both the operation of the property markets and the operational requirements of the business occupier.



This primer on strategic property management focuses on how property held as a corporate asset can be used to add value to the primary business activity of an organization. Rather than separate the needs of the business form the management of the business estate, the aim of Corporate Property Management is to enable the reader to directly support the primary business function through strategic management of corporate property, thereby adding value to the business as a whole.

The book introduces a generic framework designed to assist in the analysis of any corporate property portfolio, working as a practical aid to decision making. The book is structured around this framework, providing a detailed review of its application and uses. This is then developed further through extensive use of five in-depth case studies that covers a wide variety of property types and property users - Borders bookshops; Cancer Research high street shops; The Youth Hostel Association; Clifford Chance's move to Canary Wharf and the Ardtornish Rural Estate in Scotland.

Table of Contents

Preface
Acknowledgements
Sect. IStrategic Corporate Property Management - an analytical framework1
1Introduction to Strategic Property Management3
2Formulation of Strategy - Adopting an Analytical Approach16
3Property Performance Evaluation30
4Understanding Property Characteristics - Information Requirements51
5Understanding Property Users' Characteristics62
6Organisational Objectives in Relation to Corporate Property78
7Understanding Property Markets - an Institutional Approach91
8An Institutional Approach to Understanding Property Markets - Legal and Financial Institutions111
9An Institutional Approach to Understanding Property Markets - Administrative Institutions122
10Formulating Strategies for Property Management132
Sect. IICase Studies149
Case Study 1: Borders UK151
Case Study 2: Clifford Chance163
Case Study 3: The Youth Hostels Association of England and Wales177
Case Study 4: Cancer Research UK195
Case Study 5: Ardtornish Estate, Morvern, Scotland210
Bibliography228
Index235

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