Factors Influencing The Performance Of Corporate Real Estate Management In Listed Organisation In Nigeria

The study determined the factor influencing the performance of CREM in listed organisation in Nigeria with a view to providing information that could enhance the productivity of the listed organisation. Quantitative and qualitative data was used for the study and was sourced from the listed business organisation in the Nigeria Stock Exchange Market which comprises of 171 companies in the Financial, Industrial, Oil and gas, Consumer, Technology, Basic Material, and Health sectors respectively. Total enumeration was done on the 171 companies through questionnaire administration and for the qualitative data, seven (7) organizations purposively selected was interviewed, representing one organization from each of the seven sectors. Both Factor and Content analysis were used in analysing the responses gotten from the survey. The study revealed that the five major factors influencing the performance of CREM in the listed organisations were Economic/Organisational, Strategic Planning/Management, CRE unit efficiency, User's Satisfaction and Political/Institutional Factors; which altogether explained 64.89% of the variance determining the CREM performance. The study therefore established that the most important factor influencing the performance of CREM in the sectors were the Economic/Organisational Factors. The findings of this study will therefore aid the organisations listed in the Nigeria Stock Exchange market to obtain information that could be used to improve the level of CREM performance in order to enhance productivity.