CoreNet Global Summits offer opportunities for members to network, learn and be recognized for professional achievements. CoreNet Global Summits bring corporate real estate (CRE) professionals together from across and from all aspects of the profession.
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Is it possible to effectively sell attractive real estate assets and Sale-Lease-Backs using online auctions? Real Estate is significantly more complex than typical online commodities but after just a few pilots, Online Auctions has become the norm at the global shipping conglomerate, Maersk, and they have already sold online with great success on 3 continents. According to Maersk the key advantages have been; 1) higher sales prices beating valuations with a margin, 2) an efficient sales process without long drawn negotiations and frustrations, 3) fairness and transparency for all stakeholders. But what are the potential pitfalls and challenges?
Keywords: Los Angeles Summit 2015, negotiauctions, auctions, Maersk, bid
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