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Title

Strategic corporate real estate management research and teaching: defining dimensions of practice

Author(s)

Heywood, Christopher;  Kenley, Russell

Abstract

Strategic corporate real estate management (CREM) is an emerging property discipline evolving towards management of operational property for strategic organisational purposes. Consequently, its body of knowledge is also evolving to include more strategic management practices. While there have been attempts in the past to define the field's body of knowledge, much of the literature examines individual practices in isolation without locating them in a coherent, overarching theoretical framework suitable for strategic CREM. As part of a study of CRE and competitiveness, the literature was surveyed to define the field's individual practices. 179 practices were clustered into 11 clusters of similar practice types and linked within a framework that supported strategic approaches to the management of CRE. This framework and its defined practices describe a body of knowledge that was used for research, but also became the basis of teaching CREM at the University of Melbourne. A final year Facility Management subject has included aspects of CRE since 1999, and a standalone, postgraduate CRE subject was taught for the first time in 2006.

Publication type

Conference paper

Research centre

Swinburne University of Technology. Faculty of Business and Enterprise. Australian Graduate School of Entrepreneurship

Source

Proceedings of the 2007 Conference of the Australasian Universities Building Education Association (AUBEA), Melbourne, Victoria, Australia, 04-05 July 2007 / Russell Kenley (ed.)

Publication year

2007

Keyword(s)

Assets;  Australia;  Business students;  Colleges;  Company resources;  Competitive advantage;  Corporate real estate;  CRE;  Definitions;  Firm competitiveness;  Management practices;  Management studies;  Teaching;  Universities;  University of Melbourne

Publisher

Australian Graduate School of Entrepreneurship, Swinburne University of Technology

ISBN

9780980332810

Publisher URL

http://aubea.org.au/ocs/viewabstract.php?id=22&cf=1

Copyright

Copyright © 2007 Christopher Heywood and Russell Kenley. Published version of this paper reproduced here in accordance with the copyright policy of the publisher.

Full text

Peer reviewed