Corporate real estate black swan strategy: Beyond probability and resilience

Higgins, D and Perera, T 2016, 'Corporate real estate black swan strategy: Beyond probability and resilience', Corporate Real Estate Journal, vol. 5, no. 3, pp. 226-237.

Document type: Journal Article
Collection: Journal Articles

Title Corporate real estate black swan strategy: Beyond probability and resilience
Author(s) Higgins, D
Perera, T
Year 2016
Journal name Corporate Real Estate Journal
Volume number 5
Issue number 3
Start page 226
End page 237
Total pages 22
Publisher Henry Steward Publications
Abstract Corporate organisations operate in a dynamic competitive global environment where real estate decisions form an important part of a successful business operation. Fundamental considerations cover the drivers of possible disruption from core economic activity, structural change and unexpected (Black Swan) events. With documented increases in frequency and magnitude of unforseen, rare and extreme Black Swan Events, this research examines an antifragility corporate real estate strategy which looks beyond likelihood and resilience, to opportunities to manage and embrace key adverse Known Unknown random Black Swan Events. Suggested strategies including modular locational operation units, knowledge sharing and real estate partnerships can form part of an antifragility real estate framework and assist global organisations to succeed where competitors fail in a world affected by increasingly large, highly improbable and unpredictable events.
Subject Building not elsewhere classified
Keyword(s) Antifragility
Corporate Real Estate
Black Swan Events
Property Asset Management
Organisations Structures
Copyright notice © Henry Stewart Publications
ISSN 2043-9148
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Created: Thu, 19 May 2016, 09:06:00 EST by Catalyst Administrator
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