Critical Review: A Deep Dive into Corporate Real Estate Risks Research

This report provides a critical review of the journal article titled 'Corporate real estate risks: A survey on risk perception amongst corporate real estate practitioners.' The review analyzes the study's aims, which were to identify corporate real estate risks and assess varying perceptions based on respondents' roles and companies. The research identified 43 risks across six categories, with risk perception differing mainly by geographical location and industry segment. The authors employed a quantitative method, literature reviews, interviews with specialists, and surveys to gather data. The review highlights the study's strengths, including its organized structure, clear presentation of data, and the use of real-life primary data. The conclusion summarizes the six risk categories: development, financial policy, operational and business policy, location, appearance, and external and regulation risks. The report emphasizes the article's accessibility to a broad audience and its contribution to understanding and managing corporate real estate risks.

Running head: CRITICAL REVIEW
Critical Review
Name of the Student
Name of the University
Author’s Note

1CRITICAL REVIEW
This study aims to conduct a critical review of the journal article named ‘Corporate real
estate risks: A survey on risk perception amongst corporate real estate practitioners’. After the
analysis of this journal article, it can be observed that the main aim of the authors of this article is
to identify different kinds of risks in corporate real estate as these risks may have influence on
the added value of corporate real estate to the value of the shareholders in the organizations1.
Another major aim of the authors is to make sure whether different perceptions can be seen in
these risks as per the jobs and companies of the respondents2. The findings of the research states
that there are 43 kinds of risks related with the corporate real estate in six risk categories. In
addition, it can also be seen that the differentiation of risk perception is mostly based on
geographical location or segment of the industry3. At the same time, the size of the organizations
does not have any influence on the corporate real estate risks. Looking at these major findings, it
needs to be mentioned that the authors have been largely successful to achieve the research aim.
With the help of this research, the readers can obtain knowledge about the management of risks
by the managers of corporate real estates. Moreover, the readers will be able to make comparison
1 Corporate Real Estate Risks: A Survey On Risk Perception Amongst Corporate Real Estate
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2CRITICAL REVIEW
about different risk perception with other researches. All the steps of the research have been
perfectly stated and do not have any scope for any problem.
Certain approached has been adopted for this research process. The authors have used
quantitative method for this research. In addition, the authors have studied various literatures for
the identification of corporate real estate risks. The authors have also conducted interview with
corporate real estate specialists to recognize the risks. In addition, the authors have conducted a
survey with 70 end-users, 16 corporate real estate consultants and 2 corporate real estate
academics in order to gather the inventory of risk perception4. They have also conducted various
tests to analyze the differences; they are t-tests, Mann-Whitney U tests and Kruskal-Wallis test5.
The researchers have complied with all the necessary polices while conducting the research and
the results of this research has provided a list for corporate real estate risks. It implies that there
is not any biasness in the results of this research. It can be observed that the researchers have
used various tables for presenting the risks related to corporate real estate.
From the analysis of the research process, it can be seen that the article does not contain
any specific problem statements or hypothesis. However, the main aim of this research is the
identification of various risks in corporate real estates. Based on the results of the research
4 Corporate Real Estate Risks: A Survey On Risk Perception Amongst Corporate Real Estate
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3CRITICAL REVIEW
process, the researchers have claimed that there are 43 risks in total six categories6. In addition,
geographical locations are responsible for risk differentiation in corporate real estates and the
organizations’ size does not have any impact on the corporate real estate risks7. The adopted
methodology keeps the consistency of the total argument as the authors have relied on real life
primary data. The presence of real life primary data from interview and survey makes the
evidences variable. As per the conclusion, the six risk categories are development risks, financial
policy risk, operational and business policy risk, location risks, appearance risk and external and
regulation risks. The results of interviews, survey and literature study supports the conclusion
and it adds justification to the conclusion.
By considering the readers of all class like expert, non-expert or academic, the authors
have kept the writing style simple so that they can be suitable for all readers. Apart from this, the
whole research article has been developed in a perfectly organized manner so that it becomes
easy for the readers to comprehend. Data and information have been presented in the tabular
form for making them easily understandable for the readers. In this manner, the authors have left
no scope for bringing improvisation in the structure of the research article.
6 Corporate Real Estate Risks: A Survey On Risk Perception Amongst Corporate Real Estate
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Reference
Corporate Real Estate Risks: A Survey On Risk Perception Amongst Corporate Real Estate
Practitioners (2018) emeraldinsight.com
<http://www.emeraldinsight.com/doi/abs/10.1108/JCRE-09-2015-0020>