Housing is one of the major socio-economic problems in Turkey. Widespread spontaneous settlements in urban area may be accepted as the sufficient criterion for the level of housing question in Turkey. Additionally, there are important quality problems in existing housing units. This problematic...

The Christchurch earthquake of the 24th February 2011 devastated the New Zealand city and in particular its Central Business District. Extreme events such as these not only highlight the vulnerability of our communities, but also demonstrate how communities are dynamic places that are in...

Properties with outstanding green features and their potential influence on increasing rents and values in the market place associated with higher economic performance on investments have been investigated on a global scale in the past. As a result the upside of green credentials is well...

One of the many lessons to be learned from the recent global financial crises (GFC) relates to the damage done to the functioning of national banking systems by non-performing real estate loans both residential and commercial. In the European context the experience of banks in Cyprus, Ireland,...

Local governments manage various investment projects which determine development potential and capabilities of both cities and enterprises. Managing in the twenty-first century is a great challenge for managers because of changing operating conditions, changing market economy as a whole, and...

In this paper, the authors explore the central tenets behind automated valuation models (AVMs) and professional auditing, reconcile them, and aim to provide a solid framework upon which auditors can make their case when auditing AVMs. More specifically, we present a mass valuation model for the...

Housing units are known as multidimensional goods, yet the approach of identifying this multiple characters of properties are seldom clarified. This study allocates a perspective of identifying the many dimensions of housing unit from spatial point of view. The concept of proximity or nearness...

The purpose of the study was to explore the existence of generational differences in the employees’ experiences in the office environment in Johannesburg. The authors conducted a survey of employees in two financial institutions in South Africa.Open plan offices were found to be the...

Purpose – Nowadays the worker is the most important production factor for knowledge organisations, and thus Corporate Real Estate Managers (CREM) must focus on supporting employees. Modern work environments must be designed to meet their preferences for satisfaction and leveraging talent....

After 2002 economic restructuring encouraged the growth in Turkey. Between the years 2002 and 2006, Turkish economy has grown by 7.5%. Consequently, private consumption expenditure have increased by 8% annually, by 6% per capita and private sector investments in fixed assets have increased by...