Corporate Real Estate Management

In corporate balance sheets, there is often considerable real estate assets, which are held for operational performance or as an investment. The share of total assets often exceeds 50%, and real estate-specific costs represent the largest cost factor after personnel expenses. Today, real estate is referred to as the fifth corporate resource alongside labor, capital, technology, and information, and is integrated into strategic corporate policy. How is the management of company-owned real estate conducted? Do companies have an institutionalized property management system, or do they follow the trend of outsourcing? Against the backdrop of continuously increasing cost pressure in globalized markets and the enormous potential of operational real estate holdings with the capital tied up in them, the complex professional profile of the CRE Manager will be highlighted.