Globalizing: real estate payoffs and perils

Article Abstract:

Globalization has necessitated changes in the methods international businesses used in managing their real estate. Firms must possess a general strategy on how to manage their assets since real estate comprises about 25%of a firm's total resources. A report from the International Development Research Council reveals that businesses make use of 'two-track' global plans which neglect the real estate component of business. Other methods to address the problem, such as the 'shared service model' and 'return on capital employed', have been devised to address the problem.

Real Estate, Real Estate and Rental and Leasing, Intnl Economic Policy, Analysis, Management, International aspects, International business enterprises, Multinational corporations, International economic relations, Real property

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Queensland's persistent Premier lands Virgin, Red Hat HQs

Article Abstract:

Queensland Premier Peter Beattie is campaigning vigorously to attract businesses to the state. He has recently been successful in persuading Virgin Atlantic and Red Hat to establish operations in Queensland.

Investment Incentives to Foreign, Australia, Foreign investments, Political activity, Investment incentives, Queensland, Beattie, Peter

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Execs rank California, Texas tops for labor

Article Abstract:

A Site Selection corporate real estate executives' survey has identified California as the leading overall US labour market, followed by Texas and Illinois. Texas was ranked first in job creation.

Jobs & Employment, Employment, California, Texas, Labor market, Job creation

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