Since the 1992 Rio Summit, pressure has been increasingly applied both globally and nationally for development to be sustainably accountable. As a result, current EU directives and international agreements are playing an increasing role in economic and social areas especially with reference to...

The popularity of REIT in both the developed and emerging markets of the world attests to the significance of REIT in worldís economies and investment choices. The relative ease with which investors can indirectly invest in real property is transforming portfolio asset allocation. While the...

Corporate real estate is now established as a significant component and contributor to major organisations; whether private, public or charity. However real estate also has a vital part to play in the creation of the ‘sustainable organisation’. CSR and sustainability management...

The objective of this paper is the presentation of a methodology for calculating and evaluating the empiric probability function of the market value for a defined property. As it is commonly known 'The value of an object is not unique' (Roca, 1986), but is defined by its distribution function....

Purpose – Identifying opportunities for adaptive reuse of (potentially) vacant offices and care facilities in an increasing market driven context.Design/methodology/approach – This paper is based on research through (re-)design of adaptive reuse of vacant offices and conversion...

This paper investigates the evolution of the multitude of alternative building certification/ assessment rating systems around the world. In addition, the paper compares best practices, with a particular focus on the two most commonly used and/or modified environmental assessment systems ñ LEED...

Over the past years, there has been a growing attention of the business world and of the academic research for corporate real estate management. It has been notably pointed out that real estate is a significant but under managed part of total corporate assets and that it could be source of value...

Tax transparency for publicly quoted property companies is a hot topic with international property investors. Among the main reasons to promote tax transparent vehicles are the claims that tax transparency improves equity securitization as well as performance. However, there are large...

Public Private Partnership (PPP) means the long term co-operation between public and private sector. The central objective of PPP is to improve efficiency in realising public infrastructure. PPP-projects are characterised by an holistic life cycle approach, which includes one-stop planning,...

The paper develops on work for the Investment Property Forum study on Liquidity in UK Commercial Property completed by Reading University, Cambridge University and Cass Business School in early 2004. The paper is based on a comprehensive review of transactions activity indicators in the UK...