Nappi-Choulet, Ingrid; Cancel, Franck Missonier; … - European Real Estate Society - ERES - 2007
Managers should invest in assets (i.e. relevant profitable investments) that maximize the value of their firm. Recent trend shows that many large companies have sold or outsourced corporate real-estate assets. The underlying motives for such behaviour are yet to be examined (at least in a French...