Subjects -> ESTATE, HOUSING AND URBAN PLANNING (Total: 304 journals)
    - CLEANING AND DYEING (1 journals)
    - ESTATE, HOUSING AND URBAN PLANNING (237 journals)
    - FIRE PREVENTION (13 journals)
    - HEATING, PLUMBING AND REFRIGERATION (6 journals)
    - HOME ECONOMICS (9 journals)
    - INTERIOR DESIGN AND DECORATION (21 journals)
    - REAL ESTATE (17 journals)

REAL ESTATE (17 journals)

Showing 1 - 21 of 21 Journals sorted alphabetically
Briefings in Real Estate Finance     Hybrid Journal   (Followers: 7)
Corporate Real Estate Journal     Full-text available via subscription   (Followers: 4)
International Journal of Sustainable Real Estate and Construction Economics     Hybrid Journal   (Followers: 2)
Journal of Building Survey, Appraisal & Valuation     Full-text available via subscription   (Followers: 4)
Journal of Corporate Real Estate     Hybrid Journal   (Followers: 4)
Journal of European Real Estate Research     Hybrid Journal   (Followers: 5)
Journal of Housing Research     Hybrid Journal   (Followers: 13)
Journal of Property Investment & Finance     Hybrid Journal   (Followers: 4)
Journal of Real Estate Literature     Hybrid Journal   (Followers: 7)
Journal of Real Estate Portfolio Management     Hybrid Journal   (Followers: 4)
Journal of Real Estate Practice and Education     Full-text available via subscription   (Followers: 4)
Journal of Real Estate Research     Full-text available via subscription   (Followers: 6)
Journal of Sustainable Real Estate     Open Access   (Followers: 3)
Nonlinear Analysis: Real World Applications     Hybrid Journal   (Followers: 1)
Pacific Rim Property Research Journal     Hybrid Journal  
Property Management     Hybrid Journal   (Followers: 3)
Real Estate Economics     Hybrid Journal   (Followers: 11)
Real Estate Management and Valuation     Open Access   (Followers: 5)
Sri Lanka Journal of Real Estate     Open Access  
Tidsskrift for eiendomsrett     Full-text available via subscription  
Zeitschrift für Immobilienökonomie : German Journal of Real Estate Research     Open Access  
Similar Journals
Journal Cover
Property Management
Journal Prestige (SJR): 0.342
Citation Impact (citeScore): 1
Number of Followers: 3  
 
  Hybrid Journal Hybrid journal (It can contain Open Access articles)
ISSN (Print) 0263-7472 - ISSN (Online) 1758-731X
Published by Emerald Homepage  [360 journals]
  • Measuring the impact of heavy rail transport infrastructure on house
           prices in Melbourne, Australia: a case study of Mernda rail extension
           project

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      Authors: Maojia Zhang , Jyoti Shukla
      Abstract: The research examines the impact of heavy rail transport infrastructure on residential property prices in Melbourne at different stages of project development using the Mernda Rail Extension Project as a case study. A difference-in-difference approach is used to quantitatively measure the magnitude of change in the house price at different stages of rail transport infrastructure project development. When controlling for a range of structural, neighbourhood, and locational attributes, the authors find that properties within 800 m from the proposed train station are 8.7% higher in value than those outside 800 m (but within 1,600 m). However, during the project's construction, the project's benefits in the form of house price appreciation are not fully realised. “Unrealised benefit” is attributed to the negative externalities of construction works and apprehensions associated with the project's shelving and time delays. Depending on the availability of data on residential property transactions in the future, a spatial analysis of rail infrastructure's radius of catchment effect is needed. Findings from this research are beneficial for policymakers concerned with transport and land use planning, property valuation for taxation and mortgage purposes. This research contributes to the knowledge of the impact of the rail project on house prices in Melbourne. While there are earlier studies on the topic, there is limited understanding of this prime Australian city attractive to domestic and foreign investors.
      Citation: Property Management
      PubDate: 2022-06-10
      DOI: 10.1108/PM-02-2022-0013
      Issue No: Vol. ahead-of-print , No. ahead-of-print (2022)
       
  • Examining housing quality in Turkey through resident preferences and their
           housing conditions: a survey study

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      Authors: Özge Gürsoy , Nazlı Ferah Akıncı
      Abstract: The inadequacy of regulations, the uncertainty of the quality of houses produced and the needs of users all highlight the need for a house analysis in Turkey. The goal of this study is to understand housing quality in Turkey based on the gap between expectations and existing housing stock, to identify the main housing expectations and the problematic issues in the current housing situation. The authors designed a survey using the quality indicators of several well-known housing quality assessment tools to reveal residents' housing preferences and current housing situation in Turkey. The authors analyzed the survey results to identify the gap between housing preferences and existing conditions to reveal the housing quality of Turkish housing. Overall results show that residents in Turkey, regardless of their demographics, want and need better houses. It was determined that physical conditions, safety, aesthetics and accessibility are the issues for which the expectations of the participants are high and the lack of which is most felt. This paper reveals the residents' perspective on housing and their housing quality. It emphasizes the need for more research on housing quality, the need for updated regulation and necessity of a housing quality assessment tool in Turkey.
      Citation: Property Management
      PubDate: 2022-06-07
      DOI: 10.1108/PM-06-2021-0039
      Issue No: Vol. ahead-of-print , No. ahead-of-print (2022)
       
  • Designing an optimal neural network architecture: an application to
           property valuation

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      Authors: Changro Lee
      Abstract: The success of a neural network depends on, among others, an architecture that is appropriate for the task at hand. This study attempts to identify an optimal architecture of a neural network in the context of property valuation, and aims to test the ability of connecting related neural networks to reduce the property valuation error. This study explores efficient network architectures to estimate land and house prices in Seoul, South Korea. The input is structured data, and the embedding technique is used to process high-cardinality categorical variables. The shared architecture of a network for simultaneous estimation of both land and houses was revealed to be the best performing network. Through weight sharing between relevant layers in networks, the root-mean-square error (RMSE) for land price estimation was reduced significantly, from 0.55–0.68 using the baseline architecture, to 0.44–0.47 using the shared architecture. The study results are expected to encourage active investigation of efficient architectures by using domain knowledge, and to promote interest in using structured data, which is still the dominant type in most industries.
      Citation: Property Management
      PubDate: 2022-06-03
      DOI: 10.1108/PM-12-2021-0106
      Issue No: Vol. ahead-of-print , No. ahead-of-print (2022)
       
  • Factors affect the housing prices in China: a systematic review of papers
           indexed in Chinese Science Citation Database

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      Authors: Na Li , Rita Yi Man Li , Jotikasthira Nuttapong
      Abstract: This paper aims to explore the factors that affect housing prices as per Chinese articles indexed in the Chinese Science Citation Database (CSCD). There were different foci regarding what drove housing prices in China in Chinese articles, and international journal articles in English. As most previous English articles only threw light on international research, it motivated the researchers to systematically review Chinese literature’s factors that affected housing prices in China. This paper reviewed housing price research articles indexed in the two largest Chinese academic research databases: the CSCD and China Knowledge Infrastructure Engineering Database (CNKI.NET). It systematically collected the data and adopted descriptive analysis techniques and synthesis. This research reviewed the literature published from 2015 to 2020 and revealed some unique factors affecting China's housing prices. For example, research focused on administrative aspects such as macroeconomic regulation and control (often known as macro control).
      Authors of Chinese articles suggested that the two-child policy affected housing prices, which differed from that in the English journal articles. The research results implied that researchers should read top Chinese journals on top of good international journals when they study China's real estate market in the future. Because the domestic real estate market started late, domestic real estate transaction data and real estate-related statistics are more difficult to obtain. The research is mostly based on the relationship between supply and demand, government policy and individual consumer factors, and the sample has a short time span. As China is a planned economy country, administrative factors are one main factor that affects the housing price. There were a significant number of articles in Chinese that considered this factor to be the main driver of the real estate price. It included government investment and macro-control, i.e. direct government intervention to cool down the overheated economy. Yet, there are few English articles that threw light on this factor including the commodity housing supply and government behaviour that affect housing price. The second-child policy, which is unique in China, also played an important role in the determination of the housing price. In the articles indexed in CNKI, the second-child rate, willingness to have a second child or having a second child were mentioned in the Chinese articles but not the English ones. In this paper, the economic, social, administrative and environmental factors were summarised, which basically covered all the factors affecting housing prices. The administrative factors were a special group of factors that affect the housing price because of the country's planned economic system. Secondly, it provided useful information to real estate development enterprises in China. To make a correct investment and management decision, real estate development enterprises must understand the actual situation and possible problems of the industry. In this study, we analysed the research literature on the real estate industry in China for the period from 2015 to 2020 one by one and determined the influencing factors of the housing price, which provided references for effective cost control. Thirdly, it allows the public to understand and grasp the real estate industry. As the housing price has been continuously increasing, the public pays increasing attention to the real estate industry. Through the literature analysis of the impact of real estate prices, this paper revealed the elements of house price expenses, which makes it convenient for ordinary people to understand the real estate industry. This study allows foreigners who do not know Chinese to know more about factors that drove housing prices from the Chinese perspective. It also provides insights to overseas developers who wish to enter the property market in China. The results can be generalised to other non-English-speaking real estate research.
      Citation: Property Management
      PubDate: 2022-04-21
      DOI: 10.1108/PM-11-2020-0078
      Issue No: Vol. ahead-of-print , No. ahead-of-print (2022)
       
  • Examining potential biases related to brokers' cooperative commission in
           multi-unit residential investments

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      Authors: David Rodriguez
      Abstract: Investors often utilize brokers to assist them in property acquisitions. These brokers are compensated through a cooperative commission, or bonus, that is publicized on the listing service. The purpose of this paper is to determine the relationship between advertised compensation packages and selling price, time-on-market and listing characteristics. To examine variables likely to influence earnings of the buyers' broker, this study utilizes multiple and logistic regressions. Given the range of prices found in the 196,276 listings, the data was sorted on listing price and then split into ten, approximately equal, deciles. The explanatory power of models with cooperative commission as the dependent variable was highest in the lowest deciles with type of financing, size and distressed status being highly significant. When comparing list- to selling price the average was 96.1%. As cooperative commission increased, the higher priced parcels sold at a higher price relative to list price. This potentially justifies higher cooperative commissions or exemplifies the principal-agent problem where effort is based on potential earnings. Fixed bonuses were used predominately for parcels under $62,234, likely to provide a minimum earnings amount. However, surrounding the median, it seems they may differentiate a property. This research provides insight for practitioners on the impact of different variables, including cooperative commissions, on sale price and time-on-market. For example, cooperative commission increased for properties in the outer deciles implying that agents may be compensating for suspected difficulty. Additionally, the seasonality findings imply that agents can determine when to list and when to provide a fixed bonus to solicit attention. Results also suggest that practitioners will find it beneficial to market at an appropriate price rather than list high to create negotiating room. This paper follows only one paper that covered a similar topic. However, this paper uses twenty years of multi-unit property listings from a major US city from 1996 to 2015. The focus on multi-unit properties is an effort to focus on a more sophisticated group of buyers that may be more experienced and make decisions more rationally.
      Citation: Property Management
      PubDate: 2022-04-11
      DOI: 10.1108/PM-06-2021-0045
      Issue No: Vol. ahead-of-print , No. ahead-of-print (2022)
       
  • An analysis of the determinants of office real estate price modelling in
           Nigeria: using a Delphi approach

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      Authors: AbdurRaheem A. Yakub , Kamalahasan Achu , Hishamuddin Mohd Ali , Rohaya Abdul Jalil
      Abstract: There are a plethora of putative influencing variables available in the literature for modelling real estate prices using AI. Their choice tends to differ from one researcher to the other, consequently leading to subjectivity in the selection process. Thus, there is a need to seek the viewpoint of practitioners on the applicability and level of significance of these academically established variables. Using the Delphi technique, this study collated and structured the 35 underlying micro- and macroeconomic parameters derived from literature and eight variables suggested by 11 selected real estate experts. The experts ranked these variables in order of influence using a seven-point Likert scale with a reasonable consensus during the fourth round (Kendall's W = 0.7418). The study discovered that 16 variables are very influential with seven being extremely influential. These extremely influential variables include flexibility, adaptability of design, accessibility to the building, the size of office spaces, quality of construction, state of repairs, expected capital growth and proximity to volatile areas. The results of this study improve the quality of data available to valuers towards a fortified price prediction for investors, and thereby, restoring the valuers' credibility and integrity. The “volatility level of an area”, which was revealed as a distinct factor in the survey is used to add to current knowledge concerning office price. Hence, this study offers real estate practitioners and researchers valuable knowledge on the critical variables that must be considered in AI-based price modelling.
      Citation: Property Management
      PubDate: 2022-04-06
      DOI: 10.1108/PM-08-2021-0060
      Issue No: Vol. ahead-of-print , No. ahead-of-print (2022)
       
  • Formality and informality and the generation of occupational performance:
           a case study on the commercial service charge

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      Authors: Timothy Stephen Eccles
      Abstract: The paper utilises formality-informality modelling to examine occupational change, using commercial service charge management as its case study. This is a conceptual paper that develops a typology for applying formalisation to occupational change and then utilises historiography to generate a narrative on the evolution of service charge management. Formality is seen as a method of improving transparency and performance as a “modern” response to a range complaints about professional performance. Whilst real improvement failed to develop, a “snowball” of continued formalisation remained the perceived solution, leading to centralisation of measures of professional performance. The work is a conceptual paper that develops a historiography on the development of service charge administrative practice. Whilst it relies on objective data and secondary literature, the narrative that is developed is subjective and interpretive. The conceptual nature of the work offers potential insights into occupational organisation. It suggests that formalising procedures in itself does not improve performance.
      Citation: Property Management
      PubDate: 2022-04-05
      DOI: 10.1108/PM-01-2021-0006
      Issue No: Vol. ahead-of-print , No. ahead-of-print (2022)
       
  • Unravelling the encumbrances in procurement management of Nigeria's
           infrastructure development: pitfalls and prospects of projects

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      Authors: Andrew Ebekozien , Mohamad Shaharudin Samsurijan , Clinton Aigbavboa , Emmanuel Omoniyi Awe , Godpower C. Amadi , Faith Ebekozien Emuchay
      Abstract: Procurement management in infrastructure development has gained considerable attention in developing countries. It is because of the success in the developed nations. Studies have shown that Nigeria's infrastructure development needs far exceed its current provision. Also, studies are scarce to reveal whether procurement management has been successful in infrastructure development projects in Nigeria. Therefore, this paper investigated the root cause of the perceived encumbrances impeding procurement management in infrastructure development projects and proffered policy measures to improve future Nigeria's infrastructure development. Data were collected via unexplored exploratory virtual interviews and selected cases from secondary sources. The engaged construction and engineering consultants have been involved in the procurement management of infrastructure projects in Nigeria. Thematic analysis was adopted to analyse the collected data. The root causes of the pitfalls that emerged from the study include lack of competition and transparency, embezzlement and mismanagement of public funds, snail speed bureaucracy and bottleneck and lack of skills and knowledge. Others are collusion/bid-rigging/price-fixing/cartel formation, corruption, lack of professionalism, unbridled politicking, embezzlement and mismanagement of public funds, incompetence of tender boards, lack of patriotism to national service and lack of government organisations’ procurement capacity. This paper is restricted to unravelling the encumbrances in procurement management of Nigeria's infrastructure development projects. Future research is desirable to adopt a quantitative approach for more extensive coverage and validate findings from this paper. The paper findings, including those learnt from each case study evaluated, would undoubtedly influence policymakers and construction and engineering practitioners on the key strategies to employ in implementing future procurement management in Nigeria's infrastructure development projects. This paper would assist policymakers and other stakeholders desirous of improved infrastructure to focus their priorities in mitigating the identified root cause hindering procurement management in Nigeria's infrastructure management.
      Citation: Property Management
      PubDate: 2022-04-05
      DOI: 10.1108/PM-11-2021-0103
      Issue No: Vol. ahead-of-print , No. ahead-of-print (2022)
       
  • The role of emotional intelligence on the performance of real estate
           agents in Prishtina, Kosovo

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      Authors: Visar Hoxha , Emblema Zeqiraj
      Abstract: The purpose of this study was to explore the effect of emotional intelligence (EI) on the performance of real estate agents in Prishtina, Kosovo. The study also investigated the relationship of each dimension of emotional intelligence with the real estate agent's performance (REAP) in Prishtina, which is the city with the largest number of real estate agents in Kosovo. The present study used quantitative research with the questionnaire used as a research instrument. The questionnaire survey was conducted with 78 real estate agents in Prishtina, Kosovo. The sampling method used in this research was random sampling. The findings of this study indicated that emotional intelligence has a significant impact on the job performance of real estate agents. The study also found that relationship management (RM) and social awareness (SOA) have a strong effect on real estate agents' performance, whereas self-awareness (SA) does not seem to have any statistically significant explanatory power over REAP. This study can be utilized as a landmark for agents of real estate on understanding how the agents can use emotional intelligence in agents' favor by pointing out the prominence of EI in realizing the needs and desires of the potential buyers and the influence EI has on the decision to buy property. Furthermore, through this study, the real estate agencies will be provided with multiple reasons that substantiate the necessity to hire emotionally trained agents, and besides professional preparation, the companies must provide employees with behavioral training. The present study is the first quantification of the impact of emotional intelligence and dimensions of emotional intelligence on the performance of Prishtina's real estate agents.
      Citation: Property Management
      PubDate: 2022-03-18
      DOI: 10.1108/PM-08-2021-0057
      Issue No: Vol. ahead-of-print , No. ahead-of-print (2022)
       
  • Inhibitors to women's right to the occupation of land: a closer look
           at Ajebamidele Community in Ile-Ife, Nigeria

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      Authors: Deborah Monisola Olawuni , Ayodele Samuel Adegoke , Olusegun Adebayo Ogunba , Job Taiwo Gbadegesin , Deborah Odunayo Balogun , Ibukunola Victoria Omogbehinwa
      Abstract: The Land Use Act of 1978 is a promoter of land occupation regardless of gender. However, the marginalisation of women in the occupation of land remains a serious concern. Hence, this study explored the inhibitors to women's right to occupy land in the Ajebamidele Community in Ile-Ife with a view to supporting the need for the proper implementation of land regulations. The data for the study were elicited from 13 women who were purposively selected. With the aid of Atlas.ti software, the study took a phenomenological approach to the analysis of the data obtained during structured interviews with the respondents. The results revealed the factors inhibiting women's right to occupy land were unavailability of finance, education status/awareness, intrapersonal factor, custom and tradition, mode of acquisition and socio-economic characteristics. Like their male counterparts, the role that women play in national development are significant. As such, the findings of this study will assist the government in the formulation of policy for the proper implementation of the current land policies and regulations. Only a few attempts have been made to study the inhibitors to women's right to occupy land using the qualitative approach in emerging economies.
      Citation: Property Management
      PubDate: 2022-03-15
      DOI: 10.1108/PM-06-2021-0047
      Issue No: Vol. ahead-of-print , No. ahead-of-print (2022)
       
  • The regulatory environment of real estate professional services firms
           (PSFs) in Kenya

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      Authors: O.A. K'Akumu
      Abstract: This paper brings up the regulatory environment for valuation and estate agency practices in Kenya. Its main purpose is to assess the regulatory institutions to determine whether consumers of real estate services are protected from risks in the property market and to compare Kenya's situation to other markets in the world. This is a qualitative study of institutions including bodies and laws that are involved in the regulation of valuation and estate agency practices in Kenya, using document analysis method. The roles of professional body, the Institution of Surveyors of Kenya and the registration bodies, the Valuers Registration Board and the Estate Agency Registration Boards and attendant statutes, the Valuers Act and the Estate Agents Act are reviewed to gain insights into the regulation practice in Kenya. Benchmarking is done using regulatory practices in the United Kingdom and the USA. Concerning valuation, Kenya uses a hybrid system combining the United Kingdom's self-regulation approach and the USA's state regulation approach. The co-regulation approach is working well for valuation practice in Kenya. On the other hand, the regulatory system for estate agents is weak because of limited powers of enforcement, thereby allowing an unknown number of agents to practise outside the regulatory framework. The paper is unique in its subject matter as it evaluates the external organization (regulatory) environment of professional services firms (PSFs) in the real estate market. Existing studies have been done mainly by management scholars focussing on the internal organization environment of PSFs in general. Secondly, the study brings up to the international audience the regulatory system and practice in the real estate professional services market. This has not been done for Kenya and perhaps for many other countries. Lastly, it makes a novel recommendation that emphasis should be placed on registration and regulation of PSFs rather than individual practitioners to enhance quality in the provision of services where real estate agency is concerned.
      Citation: Property Management
      PubDate: 2022-03-15
      DOI: 10.1108/PM-07-2021-0055
      Issue No: Vol. ahead-of-print , No. ahead-of-print (2022)
       
  • Kuala Lumpur–from a tin-mining settlement to a neoliberal stronghold
           of Southeast Asia

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      Authors: Marek Kozlowski , Simon Huston , Yusnani Mohd Yusof
      Abstract: Kuala Lumpur (KL) emerged as the capital of the newly independent Federation of Malayan States in 1957 with a population of 316,000. Over the next 60 years, the city expanded into a major urban regional conurbation. It now covers an area of 2,790 km2 and has a population of around 7.7 million. In the last two decades, market-driven, fast-track development, underpinned by road infrastructure has accelerated the city's urban transformation. Especially over the last two decades, a spate of urban redevelopments, including commercial and retail complexes, specialised centres, industrial parks, educational complexes and residential estates have transformed the Kuala Lumpur Metropolitan Region (KLMR) beyond recognition. KL is only one example among many of intensive Southeast Asian property-led urban development, fuelled by demographic pressures and global capital inflows that transformed the regional natural and built environments. The purpose of this study is to investigate the influence of globalisation, neoliberalism and property-led development, on the built form and socio-cultural legacies of the KLMR. The major aim of this study is to determine how neoliberalism and property-led development have impacted the urban form and structure of the KLMR. The methodology applied in this study concentrates mainly on the use of qualitative research methods. The major qualitative research methods include qualitative analysis, field surveys and observations, primary and secondary data collection. The approach in this study is to exemplify the shift from government-sponsored development in the post-independence period to the current globalised-private oriented development. The major findings of this research suggest that the global, property-led mode of urban development, whilst superficially successful, undermined traditional and tropical-climate urban landscapes. It also bequeathed many urban or property level problems, including traffic congestion, air pollution, planning governance and building management issues. The paper outlines narratives for a more balanced and sustainable mode of urban development, which is more in tune with local culture and climatic conditions. This paper provides a deep insight analysis and evaluation of KL's growth from a small town into a global metropolitan region where property-led development dictates the rules and determines the character of the city.
      Citation: Property Management
      PubDate: 2022-02-22
      DOI: 10.1108/PM-03-2021-0020
      Issue No: Vol. ahead-of-print , No. ahead-of-print (2022)
       
  • The paradox of informality and sustainable human settlement in Botswana

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      Authors: Aloysius Clemence Mosha , Loyd Sungirirai , Bajehofi Aliciah Dick , Partson Paradza
      Abstract: The purpose of this study is to inform policy and contribute to the existing literature on low-income housing. In this study, a case study approach was adopted, and data were collected through secondary data collection that is literature survey and through empirical data collection by conducting face to face interviews and survey of key stakeholders, citizens, and government authorities, and in some cases supplemented by on site photography. The data collected from the field was analysed using quantitative and qualitative techniques. The questionnaires were coded for scientific analysis of data. The information was presented in a structured way that permits for in-depth analysis of the data. In this study, many paradoxes were noted defying common sense, but nonetheless, they require a solution. It has been concluded that, while efforts to improve settlements and anticipate future ones are becoming more common, the desire for eradication persists in many towns in Botswana. The major limitation of this study is that it was done during the period of COVID-19 induced movement restrictions. As a result, the preferred face to face interviews with key informants were not possible. This research informed policy on low-income housing in Botswana. The Government of Botswana can use the findings of this study to formulate policies which help in alleviating challenges currently faced in practice when implementing low-income housing projects. The concept of low-income housing has been adopted by many developing countries including in Africa. As such, results of this study can also be applicable in other developing countries where they can be used as a starting point for evaluating the success of policies and the practice of low-income housing. This work made original contribution to knowledge by putting the plight of housing the urban poor in Botswana will in perspective.
      Citation: Property Management
      PubDate: 2022-02-21
      DOI: 10.1108/PM-01-2021-0011
      Issue No: Vol. ahead-of-print , No. ahead-of-print (2022)
       
  • Modern slavery statements and the UK's largest housebuilding companies: an
           exploratory research paper

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      Authors: Peter Jones , Daphne Comfort
      Abstract: Modern slavery has been identified as a problem in the construction industry, but the issue has received very limited attention in the academic literature. This exploratory paper looks to explore one of the ways in which the United Kingdom (UK)'s largest housebuilding companies have publicly addressed the issue by reviewing their modern slavery statements. The paper adopts a simple methodological approach to review the modern slavery statements of the largest housebuilding companies within the UK and offers some reflections on these statements. The findings identified a number of policy and practice responses, which characterised the selected housebuilding companies' approaches to modern slavery. The companies' approaches to modern slavery statements were seen as aspirational and perhaps best described as a work in progress. The authors recognise that the paper has a number of limitations. The empirical material for the review is drawn exclusively from the corporate websites of the selected housebuilding companies at a set point in time and does not include any primary information supplied by, or obtained from, the companies' executives, managers or employees or any information obtained from the companies' contractors, subcontractors or suppliers. The paper offers an exploratory review of the modern slavery statements published by the largest housebuilding companies within the UK. As such, the review makes a small contribution to addressing a gap in the academic literature on modern slavery within the housebuilding industry and will hopefully stimulate future research in the field.
      Citation: Property Management
      PubDate: 2022-02-10
      DOI: 10.1108/PM-06-2021-0043
      Issue No: Vol. ahead-of-print , No. ahead-of-print (2022)
       
  • Housing finance inaccessibility: evidence from the Nigerian Pensioners

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      Authors: Andrew Ebekozien , Clinton Aigbavboa , Marvelous Aigbedion , Iliye Faith Ogbaini , Emmanuel Omoniyi Awe
      Abstract: The Nigerian Government’s initiatives to provide housing loans to low-income pensioners (LIPs) have been futile. This paper aims to examine the root cause of housing loan inaccessibility for the Nigerian LIPs and proffer some possible policy options. This is because inaccessibility to housing finance is one of the impediments facing the LIPs homeownership. The phenomenology type of qualitative research was employed to collate data. The study supports MAXQDA 2020 with thematic analysis to analyse the data and achieve saturation with 30 knowledgeable participants. Findings show that housing loan rejection is extremely high among LIPs. Some of the impediments facing the LIPs in accessing housing loans include delayed gratuity, insufficient income for housing loan repayments, failed mortgage finance, incapacitated National Housing Fund (NHF), a corrupt system and lack of collateral. The paper is limited to the housing loan inaccessibility for the Nigerian LIPs and data collected via semi-structured face-to-face interviews in Lagos, Nigeria. Other developing cities may adopt the suggestions that will emerge from this paper with similar housing loan inaccessibility issues. This study would stir policymakers and mortgage institutions to consider the suggestions from this paper. Examples are the review of the Pension Reform Act 2014 to allow for 50% part withdrawal from the Retirement Savings Account, 10% upward review contribution to NHF and create special Federal Integrated Staff Housing Programme (FISH-P) for LIPs. These form part of the practical implications and will be helpful to policymakers. Research regarding LIPs’ housing loan accessibility is limited, making this paper one of the pioneering attempts to investigate the root cause of housing loan inaccessibility for the Nigerian LIPs, and proffers some possible policy options.
      Citation: Property Management
      PubDate: 2022-02-02
      DOI: 10.1108/PM-09-2021-0064
      Issue No: Vol. ahead-of-print , No. ahead-of-print (2022)
       
  • Disposal of government offices in Jakarta pending relocation of the
           Indonesian capital: an application of multi-criteria analysis

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      Authors: Raut Bonita , David Wadley
      Abstract: This article develops a viable means of assessment of the suitability for disposal of hundreds of national government offices in Jakarta as a facet of the relocation of Indonesia's capital from Java to Borneo. A “disposal assessment model”, based on multi-criteria analysis (MCA) and a bespoke model of office adaptation, is constructed and applied to the population of to-be-vacated public office buildings in Jakarta. In this initial demonstration mode, the disposal assessment model is tested on a live dataset and found able not only to rank buildings for disposal against stated objectives but also to incorporate more complex variables and lead into other forms of business analysis. A fit-for-purpose model is shown capable of assisting decision-makers involved in major asset disposal, while also accounting for the stances of project stakeholders. The model offers the possibility to evaluate and, likely, optimise net social benefit for Jakarta and Indonesia both quantitatively and qualitatively. The disposal assessment model builds on prior work in operations research and property management to develop a new construct applicable to a novel asset issue of massive proportions.
      Citation: Property Management
      PubDate: 2022-02-24
      DOI: 10.1108/PM-10-2020-0068
      Issue No: Vol. 40 , No. 4 (2022)
       
  • Mobility challenges and experiences for students with disabilities in
           Tanzania universities: dealing with a social inclusion nightmare in
           property management

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      Authors: Moses Batanda Mubiru
      Abstract: Despite the presence of people with disabilities in higher learning institutions, facilities provided for both accommodation and classrooms prove to be ineffective in fulfilling their expectations. However, the existing measures have tended to be rigid and unable to incorporate the ever evolving user experiences from constantly enrolling students in public campus buildings. The paper is premised on the notion of social inclusivity of the built environment in public universities through user experiences, measured through a qualitative lens. The study was qualitative and deployed a case study strategy. Respondents were purposively identified and subjected to in-depth interviews, key informant interviews and focused group discussions. The full realisation of the sample frames was determined by data saturation. Data from responses was thereafter sorted, coded and categorised through a systematic thematic analysis. Some responses reactions were reported verbatim. The anonymity of the respondents was observed though through the use of pseudonyms. This paper has indicated respondents' experiences regarding social inclusivity of the institutional built environment and thematically categorised them in six areas: complaints mechanism and feedback, pre- and post-enrolment experiences, namely; complaints mechanism and feedback, pre- and post-enrolment experiences and social support as a property management policy. Others include, representation in university decision-making organs, perceptions regarding disability and its needs and distribution of facilities and site works. It recommends that property management practices should be re-oriented to ensure the sustainability of learning facilities for the disabled, taking into consideration the ever-evolving needs and preferences of PWD user students with disabilities. Linking the social and human rights models to actual experiences of property occupiers is unique. The author believes that it will, in addition to the existing models and strategies, improve on a better achievement of inclusivity of building use used by all categories of members of the society.
      Citation: Property Management
      PubDate: 2022-01-20
      DOI: 10.1108/PM-09-2021-0068
      Issue No: Vol. 40 , No. 4 (2022)
       
  • Effectiveness of rent recovery strategies on residential real estate in
           Ibadan, Nigeria

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      Authors: Adedayo Ayodeji Odebode , Timothy Tunde Oladokun , Oyeronke Toyin Ogunbayo , Joseph Bamidele Oyedele
      Abstract: The upward rise of the prolonged payback period and the inability of the project to generate estimated income that has been linked with the irregular rent payments has been a major problem confronting real estate investment. Given the fact that real estate investment is a risky investment venture with a highly uncertain future stream of income, this paper examines the effectiveness of rent recovery strategies in the emerging Nigeria residential real estate practice. The study employed an exploratory research design. The study identified the five recovery strategies adopted by the estate surveying and valuation firms in Ibadan Metropolis, Nigeria. The study adopts a purposive sampling method to select 52 registered estate firms in the study area and a questionnaire using a five-point Likert scale was used to elicit information. The data obtained were analyzed using descriptive and inferential statistics. The result showed that the rent recovery strategies adopted by the respondents include email approach, rent reminder notice, adequate maintenance, eviction notice and dialogue approach. The perceived top-rated strategies that could influence estimated income were dialogue and rent reminder notice. Also, the findings showed the factors that influence the choice of strategy are property type, company policy and the proportion of rent to the tenant's income. The study has an implication for real estate investors and property practitioners regarding the willingness of the investors to invest in real estate investment. This paper is relevant given the fact that the rental property market is prone to risk that could impede the regular streamflow of income. This serves as a need for examination of the effectiveness of adopted rent recovery strategies as it relates to real estate property management practice and investment viability.
      Citation: Property Management
      PubDate: 2022-01-10
      DOI: 10.1108/PM-04-2021-0026
      Issue No: Vol. 40 , No. 4 (2022)
       
  • Warehouse development and town planning policies in the UK

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      Authors: Peter Jones
      Abstract: This paper offers a review of national and local planning policies towards warehouse development within the UK. The first sections of the paper provide a description of the simple method of enquiry and sources of information used in the paper, outlines of the main factors driving the demand for warehousing space in the UK, and of the nature, scale and operation of modern warehouses, and a short review into the limited literature published to date, on town planning and on how it has influenced warehouse development. This is followed by an examination of some of the planning issues associated with warehouse development, two mini-case studies of how these issues are perceived and played out, a discussion of some of the issues raised in this examination and the mini-case studies. Town planning policies were traditionally seen as a restraint on the development of warehousing but while current national and local planning policies make little explicit reference to warehousing, they have often been cited in support of new warehouse development because such policies emphasise the importance of supporting economic growth and fostering the conditions in which businesses can invest and expand. The paper has a number of limitations, not least that its source material is drawn from the Internet, and in that no primary data were collected from warehouse developers, warehouse operators, local planning officers or local authority councillors, and that the geographical coverage was limited. The paper offers an accessible review of the current town planning issues associated with warehouse development in the UK.
      Citation: Property Management
      PubDate: 2022-01-06
      DOI: 10.1108/PM-09-2021-0066
      Issue No: Vol. 40 , No. 4 (2022)
       
  • Normative practices of property rating in Ghana: towards improving policy
           on rating undeveloped urban lands in secondary cities

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      Authors: Tahiru Alhassan , Samuel Banleman Biitir , Emmanuel Kanchebe Derbile
      Abstract: The paper examined how local authorities have attempted to rate undeveloped land as a means of mobilising revenues and the challenges associated with implementing this policy guideline. It focused on current practices in terms of policy and administration, the availability of undeveloped urban land, its revenue potential, and ways to improve policy for local land taxation. Drawing from the mixed-method approach both qualitative and quantitative data were collected. Officials of the Wa Municipal Assembly, Lands Commission, Land Use and Spatial Planning Authority were purposely selected based on their knowledge and the roles they play in property rating practice. They were interviewed to understand their perceptions and views on rating undeveloped lands. Stratified proportionate and simple random sampling methods were used to select respondents. The respondents included land and landed property owners in three selected neighbourhoods. The paper found that there was the prevalence of undeveloped lands mainly held by speculators and individuals constrained by financial challenges to develop their parcels. The Wa Municipal Assembly is unable to implement the policy guideline on charging rent on undeveloped lands due to lack of adequate information and generally unwillingness to implement this provision. Besides, the current guideline is too prohibitive and cannot be implemented in its current form. However, there is a window of opportunity for the Assembly to build data on undeveloped lands and moderately begin the implementation of the policy guideline. Urban growth in Ghana is characterised by leapfrog development with many patches of undeveloped land in and around cities. The property taxation policies largely do not focus on undeveloped land or unimproved site value. In Ghana, property rate policy on the tax base excludes undeveloped land. However, government policy guidelines prescribe the charging of rent on these lands by local authorities. This paper provides a comprehensive discussion on the revenue potential of undeveloped urban land and why local government authorities have not been able to harness this potential. The paper has therefore recommended ways local authorities can use to mobilise revenue from undeveloped urban land. There is limited research in rating undeveloped urban land especially looking at it from the perspective of policy and implementation as well as current practices. The paper shed light on the prevalence of undeveloped urban land and the guidelines that exist help local governments mobilise revenue from these lands. It contributes to the understanding that local government can harness the revenue potential of undeveloped land if policy design and implemented regarding these lands is enhanced. The paper also provides a good background and framework for further studies.
      Citation: Property Management
      PubDate: 2022-01-06
      DOI: 10.1108/PM-09-2021-0069
      Issue No: Vol. 40 , No. 4 (2022)
       
  • Property Management

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