Strategic Management of Real Estate Portfolio Owned by Czech Municipalities - Overview of Scientific Literature

Czech cities own the portfolios of various real estates which need to be not only managed but strategically optimised and developed as well. However, public sector in the Czech Republic lacks methodological guidance for portfolio strategies, and cities use systems that are out-of-date. To fill the gap, authors provided the search of scientific literature concerning the strategic management of real estate portfolios owned by cities, both within the Czech Republic and world-wide. No relevant scientific literature was found in the context of the Czech Republic, and searching the Scopus database showed that this issue was neglected internationally. Only 52 texts (articles, books, and conference papers) could be connected to the topic, of which only 24 outputs related to the researched issue directly. None of the findings concerned the strategic management of real estate portfolios owned by cities in the Czech Republic. Moreover, findings did not show any common point in terms of keywords, territorial affiliation, or time limits. The topic seems to be heavily neglected; which makes it relevant for systematic scientific considerations and research.