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Corporate real estate

Corporate real estate is the real property held or used by a business enterprise or organization for its own operational purposes. A corporate real estate portfolio typically includes a corporate headquarters and a number of branch offices, and perhaps also various manufacturing and retail sites. Corporate real estate may also refer to the functional practice, department, or profession involved in the planning, acquisition, design, construction or fit-out, management, and administration of real property for a company.

Corporate real estate professionals

Typically, corporate real estate professionals approach the market from an owner-occupant perspective—whether leasing or buying—primarily from the demand side, similar to corporate purchasing or procurement. They aim to control costs and can benefit from economic environments considered "weak".

Although related to facilities and property management, corporate real estate typically has a broader corporate scope but a narrower focus within the real estate sector. For instance, corporate real estate professionals (or departments) typically dedicate greater emphasis and time on multi-site long-range planning (often called "portfolio planning" or "strategic planning"). The focus is almost exclusively on commercial property types (mostly office, sometimes industrial or retail). Inclusion of residential properties in corporate portfolios is rare.

References

Krumm, Peter J.M.M.. (2001). "History of real estate management from a corporate perspective". Emerald Group.
[https://re.be.uw.edu/5165-2/ "What is corporate real estate?"]. ''[https://www.newleafpropertymanagement.ca/ The New Leaf Department for Real Estate]''. [[University of Washington]]. 2016-07-07. Retrieved 2025-07-23.

Info: Wikipedia Source

This article was imported from Wikipedia and is available under the Creative Commons Attribution-ShareAlike 4.0 License. Content has been adapted to SurfDoc format. Original contributors can be found on the article history page.

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