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Office asset repositioning securing a premium position in Australia's CBD office markets [electronic resource]

By: Language: English Publication details: [Australia] JLL 2009Subject(s): LOC classification:
  • 333.33 $2 18
Online resources: Summary: Looks at "asset repositioning", which is defined as committing capital to major project to refurbish a building, at a point relative to the life cycle of the real estate asset, property cycle and tenant expiry profile. The aim of such refurbishment is to improve returns and guard against against future obsolescence. Evidence from the Australian market suggests that office buildings need a major refurbishment every 20-25 years if they are to remain competitive.
Holdings
Item type Current library Call number Copy number Status Barcode
Book Virtual Online ONLINE PUBLICATION (Browse shelf(Opens below)) 1 Available 147078-2001

Looks at "asset repositioning", which is defined as committing capital to major project to refurbish a building, at a point relative to the life cycle of the real estate asset, property cycle and tenant expiry profile. The aim of such refurbishment is to improve returns and guard against against future obsolescence. Evidence from the Australian market suggests that office buildings need a major refurbishment every 20-25 years if they are to remain competitive.