posted on 2024-07-12, 15:00authored byChristopher Heywood, Russell Kenley
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.
2007 Conference of the Australasian Universities Building Education Association (AUBEA), Melbourne, Victoria, Australia, 04-05 July 2007 / Russell Kenley (ed.)
Conference name
2007 Conference of the Australasian Universities Building Education Association AUBEA, Melbourne, Victoria, Australia, 04-05 July 2007 / Russell Kenley ed.