A Pilot Framework of Corporate Real Estate Sustainable Performance Measurement (CRESPM)

Abstract

Sustainability is now recognised as an emerging important area and is a subject of discussion in recent studies. Sustainability is a current issue discussed in various platforms not only in Malaysia but throughout the world. Despite that, there is lack of scholarly discussion on sustainability relating to corporate real estate sustainable performance measurement (CRESPM). Corporate Real Estate Sustainable Performance Measurement (CRESPM) merits serious discussion as it contributes greatly towards the direction and decision-making of the organization in attaining maximum added value for the business; and contributing to the overall performance of the corporation. Thus, this research aimed at exploring, and then summarizing the best performance measurement indicator related to sustainable real estate by referring to the sustainability parent theory. The objectives of this study include to identify the existing CRE sustainable performance measurement indicator available from previous research; and to design a pilot model and framework for CRE sustainable performance measurement. The research uses content analysis method to analyse data gathered from literature and previous studies. The findings will be demonstrated in the form of a pilot framework model on CRESPM that will include 102 indicators of performance measurement derived from analysis. The framework is hoped to be available in the near future as an evolution for the future exploration on CRESPM.