Meta-Corporate Real Estate Management: Some preliminary thoughts

Abstract

Purpose: This paper advances the concept of meta-Corporate Real Estate Management (metaCREM) as an adjunct to existing knowledge work in the field. It argues for its existence and relevance, and suggests a number of areas where research with such a focus could occur to advance knowledge in the field. Method:The method is what might be called a 'reflective argument' based on the authors' lengthy engagement in the field and their recent metatheoretical work on CREM.Findings: MetaCREM is identified together with multiple meta-objects that are forms of meta-work applicable to metaCREM. This established that meta-work already occurs in CREM. A landscape of potential areas for research was identified that encompassed existing work and potential areas of future endeavour.Implications: The paper's implications are largely for theory and theorisation. Relevance to practice is secondary through potential improvements to theorisation of problems that may flow on to practice.

The alignment of corporate real estate strategy with corporate strategy: experiences from selected higher education institutions in Ghana

“…The direction a business takes is to a large extent determined by its CS (Cooke et al , 2019). Heywood (2011) defined alignment as bringing things that may differ into harmony. According to Andolsen (2007, p. 35), strategic alignment refers to “the link between an organisation’s overall goals and the goals of each of the units that contributes to the success of those overall goals” (Arkesteijn and Heywood, 2021).…”

BIM for CREM: Exploring the Benefit of Building Information Modelling for Facility Management in Corporate Real Estate Management

“…Concerning the precise definition and delimitation of CREM, the term corporate real estate (CRE) requires a prior definition. Heywood and Kenley [12] describe two possible definitions: either including all real estate owned by a company-core-business-related or not core-business-related-or only including real estate being related directly to the core business of a company, provided that the core business is not real estate. As Heywood and Kenley [12] favour the latter definition, Glatte [11] equally defines CRE as core-businessrelated, "including all forms of properties that corporates need for the execution of their core business, including administrative buildings, social buildings, training centres, research and application technology buildings, agricultural buildings such as greenhouses, etc."…”

“…However, the benefits of BIM for the FM in corporate real estate management (CREM)i.e., the management of real estate that is related directly to an organisation's core business [11,12]-have, to the present day, been explored to a rather limited extent [13]. Corporate real estate can be defined as "all forms of properties that corporates need for the execution of their core business, including administrative buildings, social buildings, training centres, research and application technology buildings, agricultural buildings such as greenhouses, etc."…”