Corporate occupiers have recognised the advantages of separating their real estate from their balance sheets, reports the Financial Times in a Corporate Real Estate supplement.
The supplement also includes an article on how the improvements in computer-simulated models have made it far easier for companies to divest themselves of the ownership and management of the buildings they occupy.
Other articles include one on the increasing number of public housing sales by local governments in Europe which have yet to attract institutional investors; a European wide trend in virtual leases, a fall-off in European retailers who own freeholds; facilities management, and property disposals by Europes telecoms to shore up ailing balance sheets.
Financial Times 27/04/01 page I-III (Corporate Real Estate)
