Purpose – The purpose of this paper is to apply a numerical simulation of stochastic processes to the problem of real estate investment appraisal. Design/methodology/approach – These uncertain operating costs are integrated into an enhanced dynamic simulation. To model the dynamics in the...

Purpose – The purpose of this paper is to identify different organizational models concerning both the functions and responsibilities assigned to corporate real estate (CRE) professionals in European and North American companies, as well as to determine the factors that influence the...