Tipping, Malvern; Bullard, Richard K. - In: Journal of Corporate Real Estate 9 (2007) 4, pp. 205-217
Purpose – Many established trading companies have had considerable capital value locked into their operational … properties. These properties have been identified as producing lower returns on invested capital than core business activities … – Identification of the motives behind this approach. Accounting, taxation and capital release are identified as the main drivers when …