英文文献：An Examination of Corporate Real Estate Holdings in Lagos Nigeria-对尼日利亚拉各斯房地产控股公司的审查
英文文献作者：T. O. Babatunde,T. T. Oladokun
英文文献摘要：
The importance of real estate to business organisations in advanced countries are found in the discovery that its cost is second to salary as well as the fact that organisations invest up to 25% of their total assets in real estate. With increasing interest of foreign investors in African market coupled with the globalisation of business and private, efficient allocation of organisational resources is essential for productivity and profitability.The study evaluates the real estate holdings of business organisations vis a vis their total assets as a strategy for enhancing productivity and achieve a competitive edge. Business organisations were categorised into financial institutions, manufacturing, utility/ construction, fund administrators and oil and gas industry. Five companies were selected from each of the categories of business organisations and data elicited from their annual report were analysed using time series analysis for a period of 2011 to 2015.The analysis of the secondary data showed diverse result in the real estate investment profile of Nigerian organisations. While those organisations in the oil and gas can be said to have a balanced real estate to total asset holding proportion that gives them a better competitive edge, organisations in other sectors have lesser real estate holdings that are not significant enough to assist for an enhanced result.

在发达国家，房地产对商业组织的重要性体现在其成本仅次于工资，以及组织将其总资产的25%投资于房地产这一事实。随着外国投资者对非洲市场越来越感兴趣，加上商业和私人企业的全球化，有效地分配组织资源对于提高生产力和盈利能力至关重要。这项研究评估商业机构所持有的房地产资产与其总资产的比率，以作为提高生产力和取得竞争优势的策略。商业组织被分为金融机构、制造业、公用事业/建筑、基金管理机构和油气行业。从商业组织的每个类别中选出5家公司，并使用2011年至2015年期间的时间序列分析方法分析了从其年度报告中提取的数据。二手数据的分析显示在尼日利亚组织的房地产投资概况的不同结果。尽管石油和天然气行业的组织可以说拥有平衡的房地产占总资产的比例，这使他们具有更好的竞争优势，但其他行业的组织拥有较少的房地产，不足以帮助提高结果。