The largest single asset for many older Australian households is their primary place of residence, usually in the form of a detached house or a medium to high density unit. This cohort consists primarily of retirees aged 55 years and over who have permanently left the full-time workforce with...

The long-standing theoretical approach for assessing the depreciated value of a commercial property has commonly been linked to the identification, quantification and assessment of the level of obsolescence. The future income streams of a property may be misunderstood if obsolescence is not...

The drive to undertake building adaptation has increased in momentum, the primary reason being adaptation can be less expensive than new build and conventionally result in faster project delivery times. The issue of sustainable development is another clear driver for adaptation and collectively...

Purpose – The commercialization of innovation, which is key to entrepreneurial success, is a combination of several entrepreneurial activities. Building on research from fields of management, strategy, entrepreneurship, economics, and marketing, the paper summarized the extant literature to...

The promotion of offsite production is a possible future strategic direction for the construction industry as it provides economic, environmental and social benefits. However, in China, the uptake of offsite production, particularly in the housing sector, is relatively low and few studies have...

There is a recognised misalignment by industry stakeholders that the financial benefits of sustainable property investment are inherently difficult to quantify (RICS, 2008). The lack of key financial correlations between sustainability and economic returns with regards to property investment has...

This report presents the findings of a two stage research project commissioned by the RICS (Royal Institution of Chartered Surveyors) Education Trustees. The first report (2006) examined all office buildings in the Melbourne CBD using a high level of detail including building age, area, quality...

This paper uses the concept of real option to match and explain some of the observed behaviours in the NPRC development program in Guangzhou with reference to office supply. The observed supply lag and the persistent use of residential property for office space in inner-city areas are examined,...

Buildings contribute around half of all greenhouse gas emissions and Australian offices alone account for 12% of all greenhouse gas emissions. As city authorities seek ways of reducing the contribution of cities to climate change and global warming, building adaptation appears to offer a means...

Population modelling has shown Australian buildings face a future where adaptation of the stock will become increasingly necessary to secure a sustainable future (CSIRO, 2002). Changes in population pose threats to sustainability in terms of the trend for increasing affluence and because there...