Outsourcing Property Management? A Comparative Study: 23rd Annual European Real Estate Society Conference

Heidi Falkenbach, Tuuli Jylha, Deborah Levy, Patrick McAllister, Hilde Remoy

Research output: Contribution to conferencePaperScientific

Abstract

Focussing on institutional investors, this paper analyses models for the procurement and delivery of property management functions in commercial properties. In the paper, a distinction is drawn between property and asset management functions. For a range of international markets, the paper investigates approaches to outsourcing property management used by large real estate investment organisations and investors’ perceptions of the key advantages and disadvantages of outsourced property management. Drawing upon semi-structured interviews with managers responsible for overseeing procurement and delivery, the paper provides insights into the current state in property management outsourcing, the structure of the property management sector, the attributes of outsourcing contracts, perceptions of the rationales and/or benefits of outsourced property management, and issues of governance and delegated authority.
Original languageEnglish
Publication statusPublished - 2016
EventEuropean Real Estate Society's Annual Conference - Regensburg, Germany
Duration: 8 Jun 201611 Jun 2016
Conference number: 23

Conference

ConferenceEuropean Real Estate Society's Annual Conference
Abbreviated titleERES
CountryGermany
CityRegensburg
Period08/06/201611/06/2016

Keywords

  • Institutional Investor
  • Outsourcing
  • Property Management
  • Rationale

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