Corporate Real Estate Management - TOPIC 1

What is corporate real estate (CRE)?

• Physical assets owned or leased by firms primarily in the real estate business

• Physical assets owned or leased by firms not primarily in the real estate business

• Physical assets owned or leased by individuals

• Physical assets owned or leased by the government

What is the primary value of corporate real estate management (CREM) to an organization?

• Investment value of the property

• Contribution to the organization's core business

• Reduction in operational costs

• Support for non-core business activities

Why should one study corporate real estate management (CREM)?

• To understand the relationship between property and its use

• To bridge the gap between supply-side and demand-side in the property industry

• To advise clients on the strategic importance of property

• All of the above

What are the challenges faced by corporate real estate management (CREM)?

• Corporations view property as a liability

• Property is seen as an asset for wealth creation

• Property is considered a source of commercial opportunity

• Property is not seen as an operational cost

Who is responsible for managing corporate real estate in companies?

• Human Resources department

• Finance department

• Property Management department

• Corporate Real Estate Management department