scholarly journals A PROACTIVE PROPERTY MANAGEMENT MODEL THAT INTEGRATES REAL ESTATE PROVISION AND FACILITIES SERVICES MANAGEMENT

2005 ◽  
Vol 9 (1) ◽  
pp. 33-42 ◽  
Author(s):  
Danny Shiem-Shin Then
Keyword(s):  
Real Estate ◽  
Management Model ◽  
Property Management ◽  
Workplace Environment ◽  
Business Plans ◽  
Corporate Workplace ◽  
Estate Property ◽  
The Creation ◽  
Real Estate Assets

The creation of suitable workplace environment to support employees in performing their tasks is becoming a key issue for many organisations faced with constant change. Numerous workplace strategies have evolved in recent years to provide for convenience and flexibility, as well as functionality and privacy. Problems usually arise at the implementation stage where organisation culture and practices often run counter to the need for innovation strategies. This paper contents that the creation of enabling workplace requires a proactive property management model that integrate real estate provision and facilities services management. The value contribution of real estate assets can only be optimised when the property/facilities professional takes on the responsibility of continuously providing appropriate facility solutions to business challenges. An essential prerequisite is the role of property/facilities management as the custodian and enabler of the corporate workplace environment. The focus of the research was to provide a business perspective to the role of real estate assets(property) in supporting the fulfilment of corporate business plans. Based a comprehensive survey of published literature and a series of in‐depth interviews of corporate real estate/property/facilities managers, an integrating resources management framework was developed to model the nature of interactions between strategic business planning and facility operations in an organisational setting.

scholarly journals REAL ESTATE STRATEGIC MANAGEMENT MODEL FOR LITHUANIAN MUNICIPALITIES

2014 ◽  
Vol 18 (3) ◽  
pp. 279-291 ◽  
Author(s):  
Egle Klumbyte ◽  
Rasa Apanaviciene
Keyword(s):  
Real Estate ◽  
Management Strategy ◽  
Free Market ◽  
Management Model ◽  
Management Research ◽  
European Cities ◽  
Estate Property ◽  
Estate Management ◽  
Municipal Boundaries ◽  
Real Estate Management

Within the municipal boundaries, municipalities themselves are usually the largest real estate owners and managers. Such significant amount of real estate property could be expected to be professionally managed; however, the situation is different. According to the latest publications, only about 25% of major European cities are able to follow the quantity and value of their real estate portfolios. The Lithuanian Free Market Institute has recently introduced its first Index of Municipalities in Lithuania and states that none of the Lithuanian municipalities has developed its real estate management strategy. This paper reviews the scientific research on municipal real estate management and analyses the system of real estate management in Lithuanian municipalities. The authors of the paper collaborated with the Association of Local Authorities in Lithuania as well as the representatives of municipalities, and together they identified the main problems of real estate management. On the basis of real estate management research and practice within Lithuanian municipalities the authors of the paper present a brand new model which would help to manage municipal real estate effectively by taking into account the priorities of strategic economic and social development tendencies of the region.

scholarly journals Reconstruction or Reuse? How Real Estate Values and Planning Choices Impact Urban Redevelopment

2020 ◽  
Vol 12 (10) ◽  
pp. 4060 ◽  
Author(s):  
Alessia Mangialardo ◽  
Ezio Micelli
Keyword(s):  
Real Estate ◽  
Urban Redevelopment ◽  
Small Cities ◽  
Metropolitan Cities ◽  
Property Owners ◽  
Economic Expectations ◽  
Private Investors ◽  
Real Estate Assets ◽  
The Relationship

Local administrators and private investors rely on various urban redevelopment strategies, the choice of which depends on the economic expectations of property owners and investors. Some of these options foresee replacing obsolete buildings with new constructions; others prefer the reuse of existing assets. This study examines the conditions that make these different strategies feasible, bringing to light the aspects that favor demolition and reconstruction processes over interventions based on the redevelopment of existing assets. The analysis focuses on the variables that determine the choice between these two options. The model that has been developed highlights, on one hand, the role of urban planning tools and urban densification and, on the other, the relationship between the land market and the value of existing assets. The model has been tested on five cities in northern Italy, which fall into three territorial categories—large metropolitan cities, medium-sized cities, and cities of limited rank—to test how different social and economic contexts affect the feasibility of the strategies we evaluated. The results of the study underscore the extent to which the demolition and reconstruction of existing assets is only viable in certain limited areas and under particular market and settlement conditions. While large metropolitan areas seem to have the option of radically replacing existing real estate assets, medium-sized cities and especially small cities are constrained in redeveloping existing urban assets and must forego demolition and reconstruction projects, which do not prove to be economically feasible.

scholarly journals Translating knowledge in new entrepreneurial ventures: the role of business plan development

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Francesca Dal Mas ◽  
Maurizio Massaro ◽  
Paola Paoloni ◽  
Aino Kianto
Keyword(s):  
Knowledge Translation ◽  
Business Plan ◽  
Research Knowledge ◽  
Translation Process ◽  
Entrepreneurial Ventures ◽  
Content Type ◽  
Business Plans ◽  
Start Up ◽  
The Creation

Purpose This paper aims to analyse the role of business plan development as a knowledge translation tool, especially for the creation of start-ups. In a complex knowledge ecosystem populated by multiple diverse and autonomous actors (such as potential entrepreneurs, local companies, local public entities and business consultants) bonded together by a joint search for valuable knowledge, business plan development can work as a powerful enabler for the translation of knowledge. Design/methodology/approach The study uses a qualitative multi-case study approach by examining the results of a public programme devoted to the creation of new entrepreneurial ventures. The authors analysed 418 complete business plans and followed up with all the participants with an interview. In total, 40 cases were investigated more in detail. Findings Results show how business plan development can function as a bridge between academic, theoretical and general knowledge on start-up creation on the one hand and practical contextualised activities of potential entrepreneurs on the other. Practical implications The process of knowledge translation is crucial to ensure that relevant knowledge coming from both the inside (the entrepreneur) and outside (the stakeholders) of the organisation is effectively applied. To facilitate the translation process, key knowledge users should be supported in contextualising and making sense of the research knowledge. Initiatives carried out by local entities and other actors, gathering several stakeholders to develop business plans, can become valuable opportunities to facilitate the translation process for start-up development. Originality/value The paper contributes to knowledge management and knowledge translation literature by demonstrating the role of business plan development as an effective knowledge translation enabler. It also adds to the understanding of innovation management and entrepreneurial education by proving the relevance of the translation of knowledge for the creation of new business ventures.

scholarly journals La modificación del título constitutivo en la propiedad horizontal tras la ley 8/2013, de 26 de junio

2013 ◽  
Author(s):  
Juan Carlos Martínez Ortega
Keyword(s):  
Real Estate ◽  
Common Elements ◽  
Legal Certainty ◽  
Legal Requirements ◽  
The Real Estate ◽  
The Public ◽  
Property System ◽  
El Sistema ◽  
Estate Property

El autor analiza la incidencia que la reciente Ley 8/2013, de 26 de junio, de rehabilitación, regeneración y renovación urbanas tendrá en las modificaciones que se realicen en el título constitutivo de los edificios regidos por el sistema de Propiedad Horizontal. Además, se profundizará en las operaciones registrales de desafectación y afectación de elementos comunes, y de todos los requisitos técnicos y jurídicos que se precisan para conseguir que las escrituras públicas que documenten estos actos se realicen con las máximas garantías, que faciliten la inscripción en el Registro de la Propiedad de los elementos desafectados y formados como nuevos e independientes a favor del adquirente, liberándole de la posible asunción de cargas no deseadas por descuido de los profesionales implicados. Se dará realce especial a la actuación del Notario en todos estos documentos y cómo su diligencia y cabal asesoramiento a los otorgantes puede deparar plena seguridad jurídica preventiva.The author analyses the incidence that the newly Law 8/2013, of June 26th of rehabilitation, regeneration and urban renewal will have in the amendments of the deed of constitution of buildings regulated by the Horizontal Property system. In addition, there will be an in-depth examination of involvement and reversal registry operations of common elements and all the technical and legal requirements needed to ensure that the Public Deeds that documents these acts are made with the maximum guarantees that facilitate the registration in the Real Estate Property of disaffected elements and transformed into new and independent elements in favor of the purchaser, that can release him/her from the possible assumption of unwanted liens through carelessness of the professionals involved. The role of the Notary in all these documents will be greatly enhanced, as his/her diligence and efficient advice to the grantors can guarantee full legal certainty.

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