It is however important to produce an integrated proactive management of real real estate in order to cover most of the risks that affect this market sector.
The requirement for the integrated real estate management
So as to achieve the necessary alignment involving the strategic decisions of a business and other elements like the organization structure, allowing physical environment and work processes, it is vital that organizations come with obvious methods of controlling their property. Positive management of real estate/corporate property is among the ways of making sure the property can be not at risk. It however demands that all clear proper positions are taken by mature management with clarity in the expected deliverable in considerable terms.
Fig. 2 Aggressive real estate management
Supply: Then (1996).
The market value of economic property has been fluctuation after some time. The last 3 years has nevertheless seen this suffer huge hit due to the recession. There are symptoms that the real estate market has reclaimed to a hugely from downturn from the circumstance of metropolitan areas like Oklahoma where the workplace market was reported to acquire put economic downturn behind it (Mize, 2010). We have a greater have to come up with the very best appraisal equipment while including them with in an elaborate proactive property supervision framework.
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