The expansion of large shopping centres and, more recently, of íbig boxî outlets and ípower centresî in North-American and West European urban areas is a major feature of the retail trade sector development. While several internal and external factors affecting retail facilities design and...

"This study investigates whether decision-makers are subject to behavioural biases when buying second-hand residential property. The research was conducted during 2005 when the Irish market was experiencing a property boom and demand for second-hand residential houses was higher than supply...

There are about 5,500 enterprises, shares in 1,000 joint-stock companies (with state-owned block of shares constituting more than 25% in 830 companies), sizable areas in non-residential fund on the state property list. Until recently the objectives of management for a particular property unit...

Criticisms from within and without the appraisal fraternity have led to a quest for íaccurateî valuations. Studies that hitherto have been done on the issue have given conflicting results. While some studies (e.g. Drivers Jonas/IPD, 1988, 1990, 1992 & 1997; Brown 1985 & 1992) have found valuations...

The German valuation system is frequently accused of being not only unique in its institutional setting but also of the degree of smoothness it achieves. Formally adhering to a market value concept, German valuers are perceived to merely deliver on the promises made by fund managers who...

Presumably, real estate appreciation indices based on appraiser values do not reflect actual market value developments on real estate markets. Also the return volatilities of these indices do not reflect the actual risks on real estate markets. The reasons for this educated guess are that even...

"Many conceptional aspects of the Public Real Estate Management can be adapted from the Investment Real Estate Management. The crucial differences lie in the non-profit function and the constitutionally fixed tasks of the public hand. The proposed valuation method for Public Real Estate...

In Finland, the real estate business is going through a fundamental structural change, which has brought forth a need to develop new ways of managing real estate. One indication of the change is an increasing interest within organisations to outsource real estate related activities. However, the...

[abstract missing - contribution appeared in the programme]

In the past, academic relationships in real estate were confined within national boundaries. However, the globalization of the real estate markets is increasingly apparent. The number of international real estate transactions is growing and international academic meetings have been established....