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Considers the possible overall effects of the current review of local government in Britain on the management of the property assets of local authorities. Draws attention to the present highly uncertain situation, but assumes that reorganization will occur in some form. Considers the ways in...
Persistent link: https://www.econbiz.de/10014971909
Property has been increasingly recognized as a key resource which, if well managed, contributes to an organization′s success. For local authorities, property is the environment in which people work and from which services are delivered. In this sense its suitability has an impact on both...
Persistent link: https://www.econbiz.de/10014971910
The extension of compulsory, competitive tendering to professional services, against a background of local government reform is generating an atmosphere of organizational and operational uncertainty. Examines some of the issues arising out of the twin processes and highlights some of the areas...
Persistent link: https://www.econbiz.de/10014971912
Describes aspects of the development of a PC‐based system for a local authority asset register and valuation system. The project was managed and implemented by property, not computer, people and focuses on the do‐it‐yourself approach to system development which has been made possible by...
Persistent link: https://www.econbiz.de/10014971923
Extends the work of Smith and Storr who considered the legal and financial attributes of the purchase notice system. Covers the practical operation of the system. The administrative procedures relating to purchase notices, the way in which they are applied and the experience of the servers of...
Persistent link: https://www.econbiz.de/10014971930
The total capital value of the tenanted non‐residential property of English and Welsh local authorities is immense, more even than the total holdings of the top eight, UK‐based, property companies. However, while property investment companies own tenanted property for financial returns, the...
Persistent link: https://www.econbiz.de/10014971939
Based on a request by a local authority to advise it as to the means of avoiding Part II of the Landlord and Tenant Act 1954 and the effect of the methods it used, examines the various options for avoidance, the provisions of the Act, the relevant case law, and the traps which may beset...
Persistent link: https://www.econbiz.de/10014971947
Outlines the attempts made over the past few years to develop the financial services required by Kiev City council’s property management division to function as a privatization authority ‐ to develop, that is, what is referred to as the financial aspects of property management or, to be more...
Persistent link: https://www.econbiz.de/10014971957
Local authorities are now constrained to produce asset valuations for accounting and management purposes. Specialized property, for which there is little or no market, has to be valued under the RICS Red Book using the depreciated replacement (DRC) basis. Reviews the consequent requirements of...
Persistent link: https://www.econbiz.de/10014971971
Adopts the label “tenanted non‐residential property” (TNRP) rather than employ loaded terms such as “commercial” or “investment”. Deals with the perceived objectives for which local authorities hold TNRP and the functional, financial and legal setting. Compares category bases for...
Persistent link: https://www.econbiz.de/10014971973