Abstracts for Vol.
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This study seeks to answer several questions about corporate real estate research. It has been asserted that business reorganisation and new working practices are transforming the nature of demand for business space. Downsizing, delayering, business process re-engineering and associated initiatives alter the amount, type and location of space required by firms. The literature has neglected the impact of real estate market structures on the ability of organisations to implement these new organisational forms or contemporary working practices successfully. Drawing from UK research, the paper demonstrates that, while new working practices are widespread, their impact on the corporate real estate portfolio is less dramatic than often supposed.