- Title
- A real estate management framework for the public sector in South Africa
- Creator
- Moleko, Thabang Vuyani Qaqambile
- Subject
- Real estate management -- South Africa
- Subject
- Real property -- South Africa Real estate development -- South Africa
- Date Issued
- 2017
- Date
- 2017
- Type
- Thesis
- Type
- Masters
- Type
- MBA
- Identifier
- http://hdl.handle.net/10948/19135
- Identifier
- vital:28776
- Description
- Organisations have realised that fixed asset portfolio or real estate portfolio can be the second or third largest operating cost of an organisation. Management has not placed sufficient attention to how to treat real estate as a strategic asset that is part of corporate strategy. This is now called Corporate Real Estate Management (CREM) which is now embraced as a way of incorporating the strategy and management of real estate into the corporate strategy imperatives in the management of all successful organisations with a property portfolio. Property and land are part of the narrative of the painful legacy of apartheid and dispossession in South Africa. The South African government has a sizable property portfolio that should be supporting its strategic and necessary service delivery needs. The state property portfolio has an urgent maintenance backlog and concedes it has performed poor overall management of the portfolio. The rectification of the backlog and the new buildings are required at a significant cost to the taxpayer. The state has to start using CREM in the management of their public sector real estate assets(PSRE). The study seeks to see if public sector organisations have adopted the principles of CREM into their management of PSRE. The study has reviewed the variables of planning, processes, competencies, information, operations and structure around PSRE. These majority of these variables have been shown an influence on the wellbeing of the public-sector property portfolio and the functioning of public sector as a whole.
- Format
- xii, 73 leaves
- Format
- Publisher
- Nelson Mandela University
- Publisher
- Faculty of Business and Economic Sciences
- Language
- English
- Rights
- Nelson Mandela University
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