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The role of serviced offices in the corporate real estate supply chain

Dabson, A. and McAllister, P., (2014) The role of serviced offices in the corporate real estate supply chain. Working Papers in Real Estate & Planning. 01/14. Working Paper. University of Reading, Reading. pp24.

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The paper analyses the evolving corporate real estate supply chain and the interaction of this evolution with emerging business models in the serviced office sector. An enhanced model of the corporate real estate portfolio is first presented incorporating vacant, alienated and transitory space. It is argued that the serviced office sector has evolved in response to an increasingly diverse corporate real estate portfolio. For the peripheral corporate real estate portfolio, the core serviced workspace product provides the ability to rapidly acquire high-quality workspace and associated support services on very flexible bases. Whilst it is arguably a beta product, the core workspace offer is now being augmented by managed office or back-to-back leases which enables clients to complement the advantages of serviced offices with a wider choice of premises. Joint venture business models are aligned with solutions to problems of vacant space.

Item Type:Report (Working Paper)
Divisions:Henley Business School > Real Estate and Planning
ID Code:35694
Publisher:University of Reading
Publisher Statement:The copyright of each Working Paper remains with the author. In some cases a more recent version of the paper may have been published elsewhere.


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