An important tool in strategic decision-making for the existing building stock of housing corporations are Real Estate Portfolio Management Systems (REPM). REPMs are used to systematically plan, direct and control building stock. Their primary aim is to improve the corporation’s effectiveness...

A constantly rising importance of active risk management can be observed with regard to housing companies. Even small and medium-sized enterprises acting locally will not be able to withstand this trend. Due to the long life cycle of property assets it is particularly important that the risk...

The real estate sector has to increase its efforts to contribute to a sustainable development. This concerns primarily energy efficiency and the CO2 emission of the buildings, as well as secondary aspects like healthy living, a considerate use of natural resources during construction and...

The actors in the fields of construction/building industry and real estate, banking and insurance as well as fund/stock management intensively deal with the subject what consequence a stronger consideration of principles of sustainable development will have on each particular core business....

Sustainability continues to gain relevance in the real estate sector. More and more owners and investors are requesting information and advice concerning sustainability features of their properties. This development represents a challenge to property valuation. Valuation professionals are...

Press articles in Germany that predicted a severe decline in property prices within certain regions caused by demographic developments have recently served to undermine the people's sense of security. This lead to an intense debate if and to what extent property price trends are affected by...

Efforts in contributing to sustainable development have resulted in various activities and initial successes within both the construction and property sector as well as within the finance, banking and insurance industries. The paper provides a brief analysis and classification of these...

In the absence of appropriate comparable sales data property valuation literature suggests building up the capitalisation and/or discount rate starting from a risk free rate. In response to this need the basic purpose of this paper is to explore and explain actual returns in different property...

Instandhaltungsentscheidungen der Immobilienwirtschaft sind von hoher wirtschaftlicher Relevanz. Insbesondere werden jedoch stochastische Alterungsprozesse kaum beachtet. Zur Ermittlung optimaler Instandhaltungsstrategien werden eine geeignete Entscheidungsstruktur sowie ein Entscheidungsmodell...