Determination of effective rents for office space: the regional office market in Amsterdam

1994 ◽  
Keyword(s):  
Regional Office ◽  
Office Space ◽  
Office Market

scholarly journals Staffing Application System In The Development And Supervision Of Employees Based On Information Technology (It) In Order To Good Government At Regional Office In The Ministry Of Justice And Human Rights Of Central Java (Case Study At Regional Office of the Ministry of Justice and Human Rights of Central Java)

2020 ◽  
Vol 2 (4) ◽  
pp. 469
Author(s):  
Widya Pratiwi Asmara ◽  
Sri Kusriyah Kusriyah ◽  
Widayati Widayati
Keyword(s):  
Information Technology ◽  
Human Rights ◽  
Performance Appraisal ◽  
Role Model ◽  
Civil Servants ◽  
Regional Office ◽  
Application System ◽  
Central Java ◽  
Good Government

Based on the study it can be concluded that the implementation of and development of application performance appraisal of civil servants is an assessment of the performance is done at the time of the achievement of targets Employee Work is done in a measured by comparing the actual work with the target set by the organization for each employee, so as to achievement of specified targets at the end of the year. Assessment of Civil Servants implementation work in the Regional Office of the Ministry of Justice and Human Rights of Central Java is done through evaluation methods.Barriers that occur in the Regional Office Law and Human Rights Ministry of Central Java in providing performance benefits as stipulated in the Regulation of the Minister of Law and Human Rights No. 22 of 2014 of which the form has not been found job analysis conducted by management office, employees are not willing / able to develop competency yourself , absence of a good methodology in identifying a job, the boss's behavior is supposed to give an example / role model in encouraging and competencies of subordinates, each employer is aware of the importance of creativity, initiative and a sense of each employee into good consideration in determining the types of work. Efforts are being made by increasing the strong desire of every employee in order to work in accordance with the assessments and improving the competence of oneself, in charging SKP by each employee be done routinely every day to get the direct supervision by the employer concerned, giving performance benefits granted optimally to each employee to the maximum, and the determination of the best boss by the Regional Office of the Ministry of Law and Human Rights, Central Java, so the boss can be an example, determine the class position, and provide the maximum performance benefits in accordance with the capabilities of each employee. Giving performance benefits given up to every employee to the maximum, and the determination of the boss of the best by the Regional Office of the Ministry of Law and Human Rights, Central Java, so the boss can be an example, determine the class position, and provide performance benefits to the maximum in accordance with the capabilities of each employee. Giving performance benefits given up to every employee to the maximum, and the determination of the boss of the best by the Regional Office of the Ministry of Law and Human Rights, Central Java, so the boss can be an example, determine the class position, and provide performance benefits to the maximum in accordance with the capabilities of each employee.Keywords: Staffing Application System; Information Technology (IT); Good Government.�

Familiarity and the Determination of Yields for Regional Office Property Investments in the UK

2013 ◽  
Vol 48 (3) ◽  
pp. 530-546 ◽  
Author(s):  
John Henneberry ◽  
Fotis Mouzakis
Keyword(s):  
Regional Office ◽  
The Uk

An examination of the structure and dynamics of Singapore's maturing Central Area office market

2014 ◽  
Vol 32 (5) ◽  
pp. 485-504 ◽  
Author(s):  
Kim Hin David Ho ◽  
Satyanarain Rengarajan ◽  
John Glascock
Keyword(s):  
Real Estate ◽  
Error Correction ◽  
Central Area ◽  
Content Type ◽  
Office Space ◽  
Long Run ◽  
Equilibrium Relationship ◽  
Office Market ◽  
Office Employment ◽  
Office Rent

Purpose – The purpose of this paper is to examine the structure and dynamics of Singapore's Central Area office market. A long-run equilibrium relationship is tested and a short-run adjustment error correction model are estimated, incorporating appropriate serial error correction. The long-run equation is estimated for office rent, with office employment and available stock. Design/methodology/approach – With the vector error correction model (VECM), the lagged rent, available stock, office employment, vacancy and occupied stock (OS) can impact the rental adjustment process. Equilibrium rent on the whole reacts positively to lagged rents, available stock, office employment, OS and negatively to vacancy rates (VC). Past levels of positive change in VC and rental growth can have negative effects on current OS. Findings – While good economic conditions signaled by increases in rents increase the supply of new stock (available space), higher rents and VC dampen the long-term occupied space (space absorption) in accordance with economic theory. Available stock can be forecasted by past rent and absorption levels owing to the developer's profit-driven nature. Research limitations/implications – An understanding of the interaction between the macroeconomic variables and the Central Area office market is useful to domestic and foreign investors and developers, who then can better evaluate their decision making in commercial real estate investment and development projects. Practical implications – It is implicit that the Singapore Central Area office market requires at least a year before any rental increase can potentially dampen the space demanded. Firms are attracted to locate there owing to agglomeration economies and they are willing to pay premium office rents in conjunction with office space intensification in the Central Area. Newly built space is positively affected by past rents. Urban Redevelopment Authority and private real estate developers should be wary of excess office sector vacancies by avoiding over supply, even though an increase in the supply of office space in the Central Area can have a positive impact on office rent in the longer term. Most of the office space development would tend to meet the demand in the long run. Rental stickiness is exemplified as rental changes are affected by lagged rent. Social implications – Policy makers are better enabled to stabilize the office sectors of the real estate market if so required. Originality/value – The paper adopts the VECM and validated by empirical evidence, to investigate the long-run equilibrium relationship and short-term corrections underlying the dynamics of the Singapore Central office market. Delay in the restoration of equilibrium in real estate markets is attributed to factors like lease terms and supply lags.

Modeling the Dynamics of the Hong Kong Office Market under Economic Structural Change

10.1068/b3198 ◽  
2005 ◽  
Vol 32 (1) ◽  
pp. 111-125 ◽  
Author(s):  
Winky K O Ho
Keyword(s):  
Hong Kong ◽  
Structural Change ◽  
Reduced Form ◽  
Adjustment Mechanism ◽  
Office Space ◽  
Office Market ◽  
Office Employment ◽  
Office Rent ◽  
The One ◽  
Shed Light

The author adopts reduced-form equilibrium models to investigate the relations among vacancy, employment, space consumption, and rent in the Hong Kong office market under economic structural change. The models are estimated with the aid of data from Hong Kong during the period 1980–2002—a total of twenty-three yearly observations. It is hoped that empirical results will shed light on the adjustment mechanism of the local office market. In line with the existing literature, the author shows that, on the one hand, office rent is positively related to office employment, but inversely related to office stock. On the other hand, the demand for office space is inversely related to rent, but positively related to office employment. Moreover, the elasticity of space consumption with respect to rent is estimated to be inelastic. Historical simulations of the model are performed, and it is suggested that the equations simulate reasonably well as indicated by Theil's inequality.

scholarly journals PATTERN OF REGIONAL OFFICE / CITY OFFICE SPACE POLA PENATAAN RUANG KANTOR KABUPATEN / KOTA

2021 ◽  
Vol 1 (2) ◽  
pp. 1-16
Author(s):  
Hidayatul Mustafit ◽  
Gatoet Wardianto ◽  
Adi Sasmito
Keyword(s):  
Regional Office ◽  
Office Space

Indonesia adalah negara yang memiliki wilayah yang terdiri dari beberapa daerah provinsi.Daerah provinsi itu terdiri dari daerah kabupaten dan daerah kota. Setiap daerah itu terdapatsistem pemerintah yang mengatur dan diatur oleh undang-undang dasar 1945. Pemerintahdaerah yang dimaksut adalah Gubernur, Bupati, atau Walikota dan perangkat daerah sebagaiunsur penyelenggara pemerintah daerah. Pemerintah daerah mengatur dan mengurus sendiriurusan pemerintahan menurut asas otonomi dan tugas pembantuan. Pemerintah Kabupatenmerupakan unsur utama dalam mengatur Pemerintah di suatu daerah. Dalam melaksanakanotonomi daerahnya, Pemerintah Kabupaten/kota membutuhkan sarana dan prasarana untukmewadahi aparatur sebagai tempat kerja bagi pegawai yaitu kantor pemerintahan.Kantor Pemerintah Kabupaten berfungsi sebagai wadah/tempat dari aktivitas/kegiatanpemerintahan daerah setempat dalam melaksanakan tugas pelayanan kepada masyarakatumum di daerah Kabupaten. Untuk meningkatkan pelayanan masyarakat diperlukan saranadan prasarana yang memadai salah satunya adalah kantor pemerintah tempat pekerja seorangpegaiwai negeri sipil yang representatif. Sebagai kantor pemerintahan, gedung perkantoranharus memiliki karakteristik bentuk yang spesifik dan juga harus mempunyai sistempenataan bangunan yang baik dan terencana secara Arsitektural. Bangunan ini ditujukanuntuk mewadahi berbagai kegiatan yang berkaitan dengan pelayanan kepada masyarakat.Gedung kantor yang memadai bertujuan agar menciptakan sistem atau mekanisme kinerjainstansi pemerintah yang lebih terintegrasi dan menyeluruh, mewujudkan pola layanankepada masyarakat yang lebih efektif dan efisien, kantor pemerintah harus mampumencerminkan suatu lambang kedudukan pusat pemerintahan.

An urban growth model of office property development

Facilities ◽  
2014 ◽  
Vol 32 (11/12) ◽  
pp. 647-674 ◽  
Author(s):  
Jayantha Wadu Mesthrige
Keyword(s):  
Error Correction ◽  
Urban Growth ◽  
Theoretical Treatment ◽  
Annual Data ◽  
Usage Pattern ◽  
Content Type ◽  
Floor Space ◽  
Office Space ◽  
Office Market ◽  
Office Development

Purpose – The purpose of this study is to estimate an empirical model for new office space development starts, based on the theoretical treatment of urban growth. The study introduces a new parameter, namely, office space-usage pattern, to the office space development equation and tests whether developers respond to non-price measures in deciding to commence new developments. Design/methodology/approach – The study first introduces a co-integration approach based on an error correction model to test for long-run relations and short-run dynamics of new office space development. A multivariate regression model is then introduced to identify significant determinants that influence office development starts. The study uses annual data over a time span of 30 years. Findings – Estimated results provide strong evidence that the newly introduced parameter exerts a positive impact on new office space development. It suggests that if the average floor space per employee changes by one percentage point, new office development starts would change by 1.5 percentage point, indicating even a marginal change in floor-space usage per employee (SPE) would have a significant impact on new office space development. Empirical estimates also suggest a strong response of office development starts to the lagged land supply and office space stock. Research limitations/implications – The paper raises the concern about the importance of non-price measures of the supply-side of the office market. There is scope to address the research questions using better data sets. It is also possible to model the supply adjustment process more dynamically in an error correction framework. Practical implications – The findings would suggest that non-price measures, such as space-usage pattern, need to be taken into account when planning and estimating future office space needs. This finding provides valuable insight for our current knowledge on factors affecting new office supply. Originality/value – This is the first study to introduce office floor space usage as a determinant of office development starts in an urban growth conceptual framework for the Hong Kong office market.

scholarly journals Strategi Pemetaan Kompetensi pada Seleksi Calon Penghulu di Lingkungan Kantor Wilayah Kementerian Agama Kalimantan Timur dan Kalimantan Utara

2019 ◽  
Vol 15 (3) ◽  
pp. 293-312
Author(s):  
Lia Rosliana ◽  
Mayahayati Kusumaningrum ◽  
Kemal Hidayah ◽  
Wildan Lutfi Arieyasmieta
Keyword(s):  
Selection Process ◽  
Selection Strategy ◽  
Source Information ◽  
Regional Office ◽  
East Kalimantan ◽  
Functional Development ◽  
The Republic ◽  
Bureaucratic Reform ◽  
Selection Of

Changes in the candidate selection process is a strategy in to improve human resources under the spirit of bureaucratic reform within the Ministry of Religious Affairs of Indonesia. The selection of position selection must pay attention to the competency mapping, as stipulated in Decree of Minister of Religion of the Republic of Indonesia Number 208 the Year 2017 concerning guidelines for adjustment/inpassing, competency test, and determination of functional needs of penghulu. This This research was a descriptive method with a qualitative approach, namely through a diagnosis from the desk research and review of the results of the competency test and core reports on the selection of prospective leaders in the Ministry of Religious Affairs of Republic Indonesia, East Kalimantan and North Kalimantan regional office. The results of the study showed that competency mapping strategies carried out in the selection of functional need of penghulu produce a profile officer that can be source information of candidate capability. This is conducted for the needs of functional development of penghulu in the future Competency mapping strategies need to be carried out continuously so that all the functional positions of penghulu can be optimally enhanced. Keywords: Selection, Strategy, Competence Mapping, Penghulu Abstrak Perubahan proses seleksi calon penghulu merupakan strategi dalam memperbaiki area perubahan sumber daya manusia sesuai dengan semangat reformasi birokrasi di lingkungan Kementerian Agama Republik Indonesia. Seleksi jabatan harus memperhatikan pemetaan kompetensi, sebagaimana yang diatur dalam Keputusan Menteri Agama Republik Indonesia Nomor 208 Tahun 2017 tentang Pedoman Penyesuaian/ Inpassing, Uji Kompetensi dan Penetapan Kebutuhan Jabatan Fungsional Penghulu. Penelitian ini bersifat deskriptif dengan pendekatan metode kualitatif, yaitu melalui analisis dari desk riset dan telaah hasil laporan uji kompetensi inti dan kompetensi manajerial pada seleksi calon penghulu di Kementerian Agama Republik Indonesia Kantor Wilayah Kalimantan Timur dan Kalimantan Utara. Hasil penelitian menunjukkan bahwa strategi pemetaan kompetensi yang dilakukan dalam seleksi jabatan fungsional penghulu memberikan hasil profil pegawai yang dapat dijadikan salah satu sumber informasi kemampuan peserta seleksi. Hal ini dilakukan untuk kepentingan pengembangan kepegawaian para fungsional penghulu dimasa yang akan datang. Strategi pemetaan kompetensi perlu terus dilakukan sehingga semua jabatan fungsional penghulu ini dapat ditingkatkan kompetensinya secara optimal. Kata Kunci: Seleksi, Strategi, Pemetaan Kompetensi, Penghulu

Modelling Use, Investment, and Development in the British Office Market

1998 ◽  
Vol 30 (8) ◽  
pp. 1409-1427 ◽  
Author(s):  
S Tsolacos ◽  
G Keogh ◽  
T McGough
Keyword(s):  
Significant Contribution ◽  
Empirical Work ◽  
Market Dynamics ◽  
Development Activity ◽  
Market Signals ◽  
National Office ◽  
Economic Forces ◽  
Office Market ◽  
Market Needs

The authors provide an empirical investigation of office market dynamics and model the user, investment, and development elements of this market. They recognise explicitly that the user and investment markets in office property influence trends in development and that development activity in turn affects office use and investment. This theoretical premise suggests that an analysis of these separate components of the market can make a significant contribution to a fuller understanding of office market dynamics, including swings in development activity. In the European context, there is a lack of research on modelling the functional elements of the office market individually, although such modelling is more common in US studies. Furthermore, most quantitative empirical work lacks an examination of the investment market for property and its intertemporal effects on development activity. In this paper, the authors estimate econometric models for rents, capital values, and development activity in the national office market in Great Britain. The results establish the significant influence of demand-side economic forces in the user market and the importance of use and investment market signals in the determination of office building output. However, the findings also strongly suggest that the investment market needs to be explored in more detail in order to identify and document the nature of the forces which interact in this sector of the office market.

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