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Public Real Estate

In: Understanding German Real Estate Markets

Author

Listed:
  • Eleonore Pöll

    (MCEP Management Consulting)

Abstract

The parlous state of the public budget has led the public sector to take optimisation measures. The broad range of real estate assets and their management offers enormous scope for such intervention. The challenges of real estate management in the public sector include insufficient data transparency, a lack of real estate objectives and strategies, inefficient organisation and inadequate performance-related management methods and incentive systems. For more than 10 years, optimisation measures have been pursued at a national, federal state and local level towards professional Public Real Estate Management. Yet despite these efforts and many successes, there is still further re-structuring and building work to be done. This article describes the situation and requirements of Public Real Estate Management.

Suggested Citation

  • Eleonore Pöll, 2012. "Public Real Estate," Management for Professionals, in: Tobias Just & Wolfgang Maennig (ed.), Understanding German Real Estate Markets, edition 127, pages 375-386, Springer.
    • Handle: RePEc:spr:mgmchp:978-3-642-23611-2_25
    DOI: 10.1007/978-3-642-23611-2_25
    as

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