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Paper eres2015_121:
PPP as an alternative procurement method for corporates

id eres2015_121
authors Meyer, Kevin; Andreas Pfnür; Maria Braunschweig
year 2015
title PPP as an alternative procurement method for corporates
source 22nd Annual European Real Estate Society Conference in Istanbul, Turkey
summary Real estate, mainly being workspace, is an important resource for non-property companies and their core business processes, and ultimately influences productivity. Procurement of such real estate as well as servicing and maintaining it, incurs extensive capital and operating costs, which in turn have a significant impact on the company’s performance. Meanwhile, real estate developments very often show massive overruns in time and budget as well as quality deficiencies. These inefficiencies pose an enormous risk for the success of a non-property company. _In a pilot project for the first time was investigated to what extent the PPP-model can meet the complex requirements of a private property user. For this purpose, the development and the first operating phase of a new headquarter was scientifically monitored through a mix of qualitative and quantitative research methods. The results show that a significant reduction of costs and risks is possible through this innovative procurement method. But the economic optimization of the building can also lead to a reduction of user-specific qualities, which may negatively affect productivity and satisfaction of the property user._
keywords Corporate Real Estate, Workplace, PPP, real estate development
series ERES:conference
type paper session
email meyer@bwl.tu-darmstadt.de
discussion No discussions. Post discussion ...
ratings
session Corporate Real Estate
last changed 2015/07/08 18:06
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