The financial and non-financial factors that influence JSE-listed South African retailers' decision to lease or own their corporate real estate, specifically warehouses and distribution centres

dc.contributor.advisorAmetefe, Frank
dc.contributor.authorBarnard, Shaun Smuts
dc.date.accessioned2023-02-22T12:25:51Z
dc.date.available2023-02-22T12:25:51Z
dc.date.issued2022
dc.date.updated2023-02-20T12:15:25Z
dc.description.abstractSouth African retailers are reliant on Corporate Real Estate not only to grow their footprint, and by implication revenue, but also to enable them to distribute their products to their network of stores. Previous studies have demonstrated that retailers prefer leasing their stores, but no research exists which investigated whether the same principles apply to distribution centres or warehouses which they occupy, specifically in South Africa. This research, provide empirical insight into listed South African retailers' strategy with regards to distribution centres and/or warehouse acquisition methods as well as the financial and non-financial factors which influence their decision and how important these factors are. This study is limited to South African retailers listed on the Johannesburg Stock Exchange. We did not find any noticeable trend exists which provides a framework for South African listed retailers when confronted with the lease-versus-buy decision regarding the acquisition of their Corporate Real Estate assets, specifically distribution centres and/or warehouses. We find that non-financial factors appear to be more important than financial factors when retailers are faced with a lease-versus-buy decision. It is suggested that further research is required to quantify the degree of importance of nonfinancial factors in the lease-versus-buy decision of retailers.
dc.identifier.apacitationBarnard, S. S. (2022). <i>The financial and non-financial factors that influence JSE-listed South African retailers' decision to lease or own their corporate real estate, specifically warehouses and distribution centres</i>. (). ,Faculty of Engineering and the Built Environment ,Department of Construction Economics and Management. Retrieved from http://hdl.handle.net/11427/36981en_ZA
dc.identifier.chicagocitationBarnard, Shaun Smuts. <i>"The financial and non-financial factors that influence JSE-listed South African retailers' decision to lease or own their corporate real estate, specifically warehouses and distribution centres."</i> ., ,Faculty of Engineering and the Built Environment ,Department of Construction Economics and Management, 2022. http://hdl.handle.net/11427/36981en_ZA
dc.identifier.citationBarnard, S.S. 2022. The financial and non-financial factors that influence JSE-listed South African retailers' decision to lease or own their corporate real estate, specifically warehouses and distribution centres. . ,Faculty of Engineering and the Built Environment ,Department of Construction Economics and Management. http://hdl.handle.net/11427/36981en_ZA
dc.identifier.ris TY - Master Thesis AU - Barnard, Shaun Smuts AB - South African retailers are reliant on Corporate Real Estate not only to grow their footprint, and by implication revenue, but also to enable them to distribute their products to their network of stores. Previous studies have demonstrated that retailers prefer leasing their stores, but no research exists which investigated whether the same principles apply to distribution centres or warehouses which they occupy, specifically in South Africa. This research, provide empirical insight into listed South African retailers' strategy with regards to distribution centres and/or warehouse acquisition methods as well as the financial and non-financial factors which influence their decision and how important these factors are. This study is limited to South African retailers listed on the Johannesburg Stock Exchange. We did not find any noticeable trend exists which provides a framework for South African listed retailers when confronted with the lease-versus-buy decision regarding the acquisition of their Corporate Real Estate assets, specifically distribution centres and/or warehouses. We find that non-financial factors appear to be more important than financial factors when retailers are faced with a lease-versus-buy decision. It is suggested that further research is required to quantify the degree of importance of nonfinancial factors in the lease-versus-buy decision of retailers. DA - 2022_ DB - OpenUCT DP - University of Cape Town KW - Property Studies LK - https://open.uct.ac.za PY - 2022 T1 - The financial and non-financial factors that influence JSE-listed South African retailers' decision to lease or own their corporate real estate, specifically warehouses and distribution centres TI - The financial and non-financial factors that influence JSE-listed South African retailers' decision to lease or own their corporate real estate, specifically warehouses and distribution centres UR - http://hdl.handle.net/11427/36981 ER - en_ZA
dc.identifier.urihttp://hdl.handle.net/11427/36981
dc.identifier.vancouvercitationBarnard SS. The financial and non-financial factors that influence JSE-listed South African retailers' decision to lease or own their corporate real estate, specifically warehouses and distribution centres. []. ,Faculty of Engineering and the Built Environment ,Department of Construction Economics and Management, 2022 [cited yyyy month dd]. Available from: http://hdl.handle.net/11427/36981en_ZA
dc.language.rfc3066eng
dc.publisher.departmentDepartment of Construction Economics and Management
dc.publisher.facultyFaculty of Engineering and the Built Environment
dc.subjectProperty Studies
dc.titleThe financial and non-financial factors that influence JSE-listed South African retailers' decision to lease or own their corporate real estate, specifically warehouses and distribution centres
dc.typeMaster Thesis
dc.type.qualificationlevelMasters
dc.type.qualificationlevelMSc
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