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Paper: eres2010_381
| Paper title: | REAL ESTATE STRATEGIES FOR NON-PROFIT ORGANISATIONS |
| Authors: | Bader, Carmen |
| Summary: | Restricted financing options in non-profit organisations are a result of budget constraints. Real Estate Management is challenged by the financial problems as well as by the deferred building maintenance. This is why non-profit organisations have to develop real estate strategies for future planning and decision-making. The focus of the real estate strategy is to establish clearly-defined aims that take account of stakeholders. The process of target definition pays attention to the strategy programme and the framework conditions of the non-profit organisation. The overall goal of real estate strategy is the efficient provision of real estate according to an agreed business process. A target concept has to be developed based on defined areas of activity. Finally, recommendations for further action have to be made for a successful implementation of a real estate strategy. In conclusion the development of a professional approach will be illustrated by using the example of implementing a real estate strategy for the Technische Universität Darmstadt. |
| Type: | |
| Year of publication: | 2010 |
| Keywords: | Real estate strategy, public real estate management |
| Series: | ERES:conference |
| Download paper: | /pdfs/eres2010_381.content.ppt |
| Citation: | Bader, Carmen (2010). REAL ESTATE STRATEGIES FOR NON-PROFIT ORGANISATIONS. 17th Annual European Real Estate Society Conference in Milan, Italy, http://itc.scix.net/paper/eres2010_381 |
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