Most real estate portfolio optimisation models are directed at investment institutions and fund managers. Individuals face similar portfolio construction decisions but their portfolios are often dominated by their family home. This paper treats the family home as an investment asset around which...

Purpose - The purpose of this study is to team broadly accepted general management concepts with the specific situation of corporate real estate, and suggest a holistic configurations framework for CREM that takes into account the highly diverse context parameters.Design/methodology/approach -...

This paper is about foreign property ownership in Malaysia, focusing on Malaysia My Second Home Programme. Secondary data was collected by desk study. Primary data was collected via self administered postal questionnaires. A group of 100 participants of Malaysia My Second Home Programme were...

Over recent years within developed countries, and notably US, Australia and UK, there has been a significant uptake in the production and use of voluntary building certification schemes which provide perspective investors and tenants with information about the construction and expected...

The Credit Crunch brings to light a renewed interest in the operational tasks of Corporate Real Estate Management (CREM): a so called ëEntrepreneurial Cooperationí (ëOndernemend Samenwerken) in restructuring, maintenance and control. This so called ëEntrepreneurial Cooperationí implies a...

Real Estate investors rely on the diversification of their portfolios as a tool to reduce the volatility of their portfolioís performance. Diversification is the principal tool of Harry Markowitzís Modern Portfolio Theory (MPT). Diversification achieves reductions in the total portfolio risk...

Lenders traditionally support decisions on property secured loans by instructing a property valuation. However AVM use for residential loan decisions has grown rapidly in the UK and elsewhere, altering demand for traditional valuation services (Downie & Robson, 2007). This paper analyses policy...

Housing private finance initiative (PFI) schemes are used for cooperation of local authorities with private partners to build, improve, manage and maintain social housing stock in UK. They can be seen as competitive solution for privatization of public stock. These schemes should enable a...

Liquidity is the ability of a bank to collect money necessary for financing assets and meet obligations as they come due, without incurring unsustainable losses; the maturity transformation of short-term deposits into long-term loans makes banks inherently vulnerable to liquidity risk (Basel...

Organisations need real estate, premises and spaces for their business activities. The role of real estates, premises and spaces has changed from a necessary cost to a support function for organisation. Albeit the importance of real estate has been recognised, the actual value creation in real...