This paper uses the concept of real option to match and explain some of the observed behaviours in the NPRC development program in Guangzhou with reference to office supply. The observed supply lag and the persistent use of residential property for office space in inner-city areas are examined,...

Buildings contribute around half of all greenhouse gas emissions and Australian offices alone account for 12% of all greenhouse gas emissions. As city authorities seek ways of reducing the contribution of cities to climate change and global warming, building adaptation appears to offer a means...

Population modelling has shown Australian buildings face a future where adaptation of the stock will become increasingly necessary to secure a sustainable future (CSIRO, 2002). Changes in population pose threats to sustainability in terms of the trend for increasing affluence and because there...

An understanding of residential housing market drivers, particularly in relation to economic variations in house prices both within and between suburbs, continues to present challenges for researchers and stakeholders. Most urban cities contain precincts with high or low house values regardless...

The conclusions of the Stern Report (HMSO, 2006) made clear the increasingly stark choices facing mankind. If stringent action to reduce carbon emissions is not taken within the ten to fifteen year period between 2016 and 2021, the coming generations are locked into climate disaster (HMSO,...

Previous research has identified varying degrees of stigma attached to high voltage overhead transmission lines (HVOTLs) depending upon characteristics such as visibility, size, location and the potential impact on house value. In addition to HVOTLs there are other common types of...

Property taxes are an important source of local gove rnment finance in many western countries. Such taxes are primarily based on value although differ widely in the basis and method of valuation used. The Council Tax is the system in Great Britain of taxing residential property for local...

Terms such as sustainability, climate change or green buildings belong in the meantime no longer to the exotic foreign words, they became rather common. The focus of the building and real estate economy is in change, which is subject not only to the time, but above all the circumstances....

ERES:conference

Multi-owned developments are a unique property type due to the incorporation of a private governance association. Although there are jurisdictional differences, these associations are generally responsible for, amongst other things: the management, maintenance and control of the commonly owned...