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Incentives in Swedish commercial real estate companies: the property manager function
KTH, School of Architecture and the Built Environment (ABE), Real Estate and Construction Management, Building and Real Estate Economics. Malmö University, Sweden.
2017 (English)In: Property Management, ISSN 0263-7472, E-ISSN 1758-731X, Vol. 35, no 2, p. 150-164Article in journal (Refereed) Published
Abstract [en]

Purpose: The purpose of this paper is to identify factors on the property management level for analysing incentives for an effective property management with a focus on organising it in-house. Design/methodology/approach: This research is based on an interview study of 11 firm representatives from the Swedish commercial real estate sector with in-house property management. Findings: The study concludes that the property management organisation in the in-house setting is governed in an informal way, with a large portion of “freedom with responsibilities” setup instead of regulations. Research limitations/implications: The research in this paper is limited to the Swedish commercial real estate sector. Practical implications: The insights into the paper regarding how decision makers create incentives for the property management organisation can provide inspiration to design incentives for effort. Originality/value: It provides an insight regarding how the commercial real estate industry prioritises different work tasks and how incentives are created to enable effort.

Place, publisher, year, edition, pages
Emerald Group Publishing Limited, 2017. Vol. 35, no 2, p. 150-164
Keywords [en]
Commercial real estate, In-house management, Incentives, Property management
National Category
Economics and Business Other Social Sciences
Identifiers
URN: urn:nbn:se:kth:diva-207445DOI: 10.1108/PM-12-2015-0066ISI: 000401126000003Scopus ID: 2-s2.0-85016772263OAI: oai:DiVA.org:kth-207445DiVA, id: diva2:1098080
Note

QC 20170523

Available from: 2017-05-23 Created: 2017-05-23 Last updated: 2017-06-15Bibliographically approved

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CiteExportLink to record
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Citation style
  • apa
  • harvard1
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf