Flexible real estate through knowledge of tax implications
Abstract
Technology, telecommunications and new IPO companies bring with them a new definition of ‘rapid growth’ and change. In 1990, ‘fast’ was considered to be a compounded growth rate of 15 per cent. Today companies are currently experiencing compounded growth rates of between 15 and 100 per cent per month! For the real estate practitioner, this creates a definite challenge. Real estate professionals are being asked to create an agile and flexible physical environment that can adapt quickly to the constant change. With this agile and flexible model comes the expectation that corporate real estate (CRE) will provide a return on asset (ROA) and contribute to shareholder value. The key is to manage CRE as a business and to leverage it ‐ whether owned or leased ‐ at the precise moments in the corporate life cycle that make the most sense.
Keywords
Citation
Smilski, D.K. (2001), "Flexible real estate through knowledge of tax implications", Journal of Corporate Real Estate, Vol. 3 No. 1, pp. 62-68. https://doi.org/10.1108/14630010110811508
Publisher
:MCB UP Ltd
Copyright © 2001, MCB UP Limited