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Introduction :-

With the development of private property ownership, real estate has become a major area of business, commonly referred to as commercial real estate. Purchasing real estate requires a significant investment, and each parcel of land has unique characteristics, so the real estate industry has evolved into several distinct fields. Specialists are often called on to valuate real estate and facilitate transactions.

Although closely related to facilities management and property management, Corporate real estate as a concept is usually broader in corporate functional scope but more narrow within the real estate sector. For instance, Corporate Real Estate professionals (or departments) typically dedicate greater emphasis and time on multi-site long-range planning (often called “portfolio planning” or “strategic planning”). However, Corporate real estate is almost exclusively focused on commercial properties types (mostly office, with industrial and retail depending on the company); residential properties are rare in a corporate portfolio.