9,576 research outputs found
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Friction and inertia: business change, corporate real estate portfolios and the UK office market
It has been asserted that business reorganisation and new working practices are transforming the nature of demand for business space. Downsizing, delayering, business process reengineering and associated initiatives alter the amount, type and location of space required by firms. The literature has neglected the impact of real estate market structures on the ability of organisations to successfully implement these new organisational forms or contemporary working practices. Drawing from UK research, the paper demonstrates that, while new working practices are widespread, their impact on the corporate real estate portfolio is less dramatic than often supposed. In part, this is attributed to inflexibility in market structures which constrains the supply of appropriate space
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Change & flexibility: the role of serviced office space in corporate real estate portfolios and office markets
With the increasing pace of change, organisations have sought new real estate solutions which provide greater flexibility. What appears to be required is not flexibility for all uses but appropriate flexibility for the volatile, risky and temporal part of a business. This is the essence of the idea behind the split between the core and periphery portfolio. The serviced office has emerged to fill the need for absolute flexibility. This market is very diverse in terms of the product, services and target market. It has grown and gained credibility with occupiers and more recently with the property investment market. Occupiers similarly use this space in a variety of ways. Some solely occupy serviced space while others use it to complement their more permanent space. It therefore appears that the market is fulfilling the role of providing periphery space for at least some of the occupiers. In all instances the key to this space is a focus on financial and tenurial flexibility which is not provided by other types of business space offered
Instabilities in Zakharov Equations for Laser Propagation in a Plasma
F.Linares, G.Ponce, J-C.Saut have proved that a non-fully dispersive Zakharov
system arising in the study of Laser-plasma interaction, is locally well posed
in the whole space, for fields vanishing at infinity. Here we show that in the
periodic case, seen as a model for fields non-vanishing at infinity, the system
develops strong instabilities of Hadamard's type, implying that the Cauchy
problem is strongly ill-posed
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