The future @ work: delivering effective corporate real estate

Warren, Clive M. J., Simmons, Julia and Trumble, Nick (2007) The future @ work: delivering effective corporate real estate. Facilities, 25 11/12: 463-472. doi:10.1108/02632770710822571

Author Warren, Clive M. J.
Simmons, Julia
Trumble, Nick
Title The future @ work: delivering effective corporate real estate
Journal name Facilities   Check publisher's open access policy
ISSN 0263-2772
Publication date 2007-01-17
Year available 2008
Sub-type Article (original research)
DOI 10.1108/02632770710822571
Volume 25
Issue 11/12
Start page 463
End page 472
Total pages 9
Editor Edward Finch
Place of publication Bradford, UK
Publisher Emerald Group Publishing
Collection year 2007
Language eng
Subject 350603 Real Estate and Valuation
310103 Urban and Regional Planning
750803 Urban planning
Abstract Purpose – The purpose of this paper is to establish a benchmark measure of attitudes to property held by major corporations within Australia. The paper aims to show how workplace use is predicted to change in the near future and the implications of that change for managers of those assets. Design/methodology/approach – The research in this paper is based on a survey of senior corporate property managers throughout Australia. Using Likert scale responses participants' attitudes to emerging asset management issues were examined. Findings – The research reveals that there exists a divergence between corporate property managers' perceptions of the role of property to the organisation and the perceived role by business managers. The research also reveals that workplace use is expected to change in the near future with greater need for flexibility in design, contracts and employee behaviour. Research limitations/implications – The survey response was limited to a small number of senior property executives. Future iterations of the research can seek to establish a broader response from industry. The research establishes a baseline from which future changes in the management of corporate property can be measured. Practical implications – The paper is important in that it highlights the divide between efficient and effective asset management and the perceptions of asset and business managers. It also indicates the growing need for flexible workplace design supported by flexible property contracts. Originality/value – The paper provides a basis for evaluating the use of property assets by large corporations within Australia. It will be of practical use to all practitioners and service providers involved in the delivery, design and management of property assets for large corporations.
Keyword Facilities
Q-Index Code C1

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Created: Thu, 17 Jan 2008, 11:42:32 EST by Dr Clive Warren on behalf of School of Geography, Planning & Env Management