Four cases of corporate real estate portfolio outsourcings

The results indicate that the main reason for portfolio outsourcing was the immediate cash pay-out. In addition, corporations generally aimed to increase their capital and space-use efficiency, as well as flexibility in occupation. Corporations were generally successful in increasing their space-use and capital-use efficiency. However, a common problem for all corporations was the difficulty of predicting future needs for flexibility. This is why all the corporations under investigation now have leases of unsuitable lengths. Another general problem worth mentioning was the lack of control over property refurbishment and alteration issues, resulting from portfolio outsourcing.