scholarly journals SWOT DIMENSIONAL ANALYSIS FOR STRATEGIC PLANNING – THE CASE OF OVERSEAS REAL ESTATE DEVELOPERS IN GUANGZHOU, CHINA / STRATEGINIO PLANAVIMO LYGINAMOJI SSGG ANALIZĖ – UŽSIENIO NEKILNOJAMOJO TURTO PLĖTOTOJŲ GUANGŽOU (KINIJA) ATVEJIS

2011 ◽  
Vol 15 (2) ◽  
pp. 105-122 ◽  
Author(s):  
Barbara Y. P. Leung ◽  
Eddie C. M. Hui ◽  
Jian-hui Tan ◽  
Lin Chen ◽  
Wei-bin Xu
Keyword(s):  
Strategic Planning ◽  
Real Estate ◽  
Dimensional Analysis ◽  
Real Estate Market ◽  
Open Door ◽  
Open Door Policy ◽  
Holistic Model ◽  
Analysis Technique ◽  
Real Estate Developers ◽  
Economic Partnership

China has been attracting overseas real estate developers (OREDs) with its expanding real estate market since the adoption of the Open Door Policy. This attractiveness has been enhanced by China's accession to the World Trade Organization and the Closer Economic Partnership Arrangement and is likely to remain for the foreseeable future. However, OREDs to conduct developments in China which adopts a socialist market-oriented approach is not without difficulties. The study has developed a SWOT dimensional analysis technique which is able to integrate the strengths and weaknesses of OREDs and also the opportunities and threats found in the market for formulating their (s)trategic plans and market positions. Apart from proposing a holistic model for OREDs’ strategic planning, the findings also suggested that OREDs in Guangzhou are in general strong in management and financial capacity but weak in understanding the market conditions. Building up a localized management team which understands the market and has good connection with local officials and business peoplė is of prime concerns. Santrauka Patvirtinus atvirų durų politiką (angl. Open Door Policy), besiplečianti Kinijos nekilnojamojo turto rinka pritraukia vis daugiau užsienio nekilnojamojo turto plėtotojų (angl. OREDs). Toks jos patrauklumas išaugo Kinijai įstojus į PPO ir įgijus glaudesnės ekonominės partnerystės statusą (angl. Closer Economic Partnership Arrangement), be to, numatoma, kad artimiausiu metu jis niekur neišnyks. Tačiau užsienio nekilnojamojo turto plėtotojai, vykdantys plėtrą Kinijoje, kurioje taikomas socialistinis, į rinką orientuotas požiūris, susiduria su sunkumais. Tyrimo metu buvo sukurtas lyginamosios SSGG analizės metodas, leidžiantis integruoti užsienio nekilnojamojo turto plėtros specialistų stiprybes ir silpnybes bei aptiktas rinkoje galimybes ir grėsmes, kurios padės suformuluoti strateginius jų planus ir rinkos pozicijas. Be pasiūlyto holistinio modelio užsienio nekilnojamojo turto plėtotojų strateginiam planavimui, rezultatai rodo, kad užsienio nekilnojamojo turto plėtotojai Guangžou užima stiprią poziciją finansų ir valdymo srityje, tačiau silpnai orientuojasi rinkos sąlygomis. Būtina laikytis esminės koncepcijos – sukurti lokalią valdymo komandą, gerai besiorientuojančią rinkoje ir palaikančią gerus santykius su vietos valdžia ir verslininkais.

scholarly journals AN ALTERNATIVE APPROACH OF COMPETITIVENESS EVALUATION FOR REAL ESTATE DEVELOPERS / NEKILNOJAMOJO TURTO PLĖTOTOJŲ KONKURENCINGUMO ĮVERTINIMO ALTERNATYVUS BŪDAS

2011 ◽  
Vol 15 (1) ◽  
pp. 10-25 ◽  
Author(s):  
Xiaoling Zhang ◽  
Yongtao Tan ◽  
Liyin Shen ◽  
Yuzhe Wu
Keyword(s):  
Real Estate ◽  
Business Performance ◽  
Real Estate Market ◽  
The Real Estate ◽  
Industry Research ◽  
Alternative Approach ◽  
The Real Estate Market ◽  
Innovative Solution ◽  
Rating Method ◽  
Real Estate Developers

This paper presents a fuzzy competitiveness rating (FCR) method for measuring the competitiveness of real estate developers with referring to the Chinese real estate industry. Research data used for analysis were collected from a case study in Green Town Company. Research into the assessment of real estate developers’ competitiveness has been limited. The fuzzy competitiveness rating method is proposed as an alternative effective approach in assessing the competitiveness of real estate developers. The FCR method furnishes real estate developers with innovative solution to assess their competitiveness. By understanding properly organizational competitiveness, real estate developers can adopt appropriate actions and strategies to utilize organization resources more effectively to enhance their competitiveness, thus improve their business performance in the real estate market. Santrauka Straipsnyje pateikiamas neapibrėžtasis konkurencingumo įvertinimo (angl. fuzzy competitiveness rating, FCR) metodas nekilnojamojo turto plėtotojų, konkrečiai kalbant apie Kinijos nekilnojamojo turto pramonę, konkurencingumui įvertinti. Analizei naudoti tyrimo duomenys buvo sukaupti nagrinėjant konkretų atvejį įmonėje „Green Town Company”. Neapibrėžtasis konkurencingumo įvertinimo metodas siūlomas kaip alternatyvus ir efektyvus nekilnojamojo turto plėtotojų konkurencingumo įvertinimo būdas. Neapibrėžtasis konkurencingumo įvertinimo metodas pateikia nekilnojamojo turto plėtotojams inovacinį sprendimą jų konkurencingumui įvertinti. Tinkamai suvokdami organizacijos konkurencingumą nekilnojamojo turto plėtotojai gali imtis atitinkamų veiksmų ir strategijų efektyviau naudodami organizacijos išteklius, kad padidintų savo konkurencingumą ir gerintų savo veiklos veiksmingumą nekilnojamojo turto rinkoje.

scholarly journals AN ANALYSIS OF DWELLING MARKET IN VILNIUS, LITHUANIA

2007 ◽  
Vol 11 (4) ◽  
pp. 243-262 ◽  
Author(s):  
Gintautas Ambrasas ◽  
Danielius Stankevičius
Keyword(s):  
European Union ◽  
Real Estate ◽  
Real Estate Market ◽  
The European Union ◽  
The Real ◽  
The Real Estate ◽  
Investment Projects ◽  
Eu Member States ◽  
The Real Estate Market ◽  
Real Estate Developers

The current situation in the real estate market in Lithuania is favourable for real estate developers. Dwelling prices in Vilnius are much lower than those in other EU member‐states. However, the rate of their increase is one of the highest in the European Union. At the end of 2003, one of the causes of the purchasing boom was the anticipated rise in real estate prices, when Lithuania was gradually integrating into the European Union. The growing income of the real estate sector and high profit attracted more and more companies to real estate market. But the situation in the real estate market has changed. Therefore, to protect the investments in real estate, customers should carefully select the investment projects, paying special attention to reliability and competence of project developers. The analysis of financial indicators of six specially selected project developers made by the authors allowed them to state that not all real estate developers in the market are reliable and able to satisfy liability claims because they may face solvency problems. In some cases, indicators even warn about a threat of bankruptcy for a company. In addition to objective factors influencing the market, such as the conditions of crediting, the economic development of the state, standard of living of the population, migration, etc., some negative effects play an important role in the process of price rising. Authors analyzed the difference in price between the cheapest and most expensive dwellings in different segments of real estate market in Vilnius, Lithuania. Būsto rinkos analizė Vilniuje Santrauka Dabartine situacija nekilnojamojo turto rinkoje yra palanki nekilnojamojo turto įmonėms ‐ nekilnojamojo turto rinkos dalyviams. Būsto kainos Vilniuje yra gerokai žemesnes nei analogiško būsto kainos senosiose Europos Sąjungosšalyse narėse, o pastaraisiais metais kainų augimas ‐ vienas sparčiausiu lyginant su ES. 2003 m. kainų augimo bumas netgi buvo siejamas su įstojimo i Europos Sąjungalūkesčiais. Augančios nekilnojamojo turto rinkos pajamos ir didelis pelnas I nekilnojamojo turto rinka pritraukia vis daugiau nauju įmonių. Kad apsaugotu savo investicijas Inekilnojamąjį turtą, pirkėjai turi atidžiai rinktis investicinius projektus, ypatinga dėmesį skirdami projekto platintojukompetencijai. Autorių atlikta sesių pasirinktu įmonių, investuojančiu I Vilniaus nekilnojamojo turto rinka, lyginimas leidžia teigti, kad toli gražu ne visos analizuotos įmones pajėgios įvykdyti savo prisiimtus sutartinius įsipareigojimus. Atskiri rodikliai tam tikra prasme gali byloti ir apie įmones bankroto pavojų. Be objektyviu veiksniu, darančiu įtaka nekilnojamojo turto rinkai (tokiu kaip kreditavimo sąlygos, šalies ekonomikos plėtra, visuomenes gyvenimo būdo standartai, migracija ir pan.), įvairus nepalankūs veiksniai taip pat daro nemaža įtakakainų augimui rinkoje, todėl autoriai analizuoja skirtingu būsto segmentu kainų skirtumus Vilniaus nekilnojamojo turto rinkoje, jų kitimui darančius įtaka veiksnius ir tendencijas.

scholarly journals Value-Based Management for Real Estate Developers’ Activities

2020 ◽  
Vol 28 (4) ◽  
pp. 48-62
Author(s):  
Michał J. Kowalski ◽  
Jan K. Kazak
Keyword(s):  
Real Estate ◽  
Financial Statements ◽  
Real Estate Market ◽  
Phase Iii ◽  
The Real Estate ◽  
Value Based Management ◽  
Management Measures ◽  
Real Estate Developers ◽  
Business Entities ◽  
The Impact

AbstractReal estate development investments are characterized by a high value of projects, which in the event of irregularities in their implementation may result in significant losses for the economy. The lack of tools enabling ongoing control of real estate developers may result in disruptions in the operation of business entities on the real estate market, affecting the proper functioning of many stakeholders. The article proposes a method of measuring value for real estate companies. Accounting principles that regulate financial statements specify that they cannot be used directly to measure the value of a developer. The article proposes examples of corrections to financial statements supporting value measurement. When calculating value management measures, (i) adjustments excluding the impact of asset valuations, (ii) adjustments of settlement negative EVA of the investment phase, (iii) adjustments of advance payment of NPV of the project, and (iv) adjustments of excluding the impact of interest on foreign capital should be made. Examples of using these adjustments in a short-term housing project and a long-term commercial project were presented. The impact of the proposed adjustments on the comparison of formal financial statements and value measures for a large developer listed on the WSE was also discussed.

Deconstructing Turkey’s “Open Door” Policy towards Refugees from Syria

2015 ◽  
Vol 12 (3) ◽  
pp. 209-225 ◽  
Author(s):  
Burcu Togral Koca
Keyword(s):  
Human Rights ◽  
Civil War ◽  
Border Studies ◽  
Open Door ◽  
Open Door Policy ◽  
Security Framework ◽  
Liberal Policy ◽  
The Way

Turkey has followed an “open door” policy towards refugees from Syria since the March 2011 outbreak of the devastating civil war in Syria. This “liberal” policy has been accompanied by a “humanitarian discourse” regarding the admission and accommodation of the refugees. In such a context, it is widely claimed that Turkey has not adopted a securitization strategy in its dealings with the refugees. However, this article argues that the stated “open door” approach and its limitations have gone largely unexamined. The assertion is, here, refugees fleeing Syria have been integrated into a security framework embedding exclusionary, militarized and technologized border practices. Drawing on the critical border studies, the article deconstructs these practices and the way they are violating the principle of non-refoulement in particular and human rights of refugees in general. 

Almanya’da aşırı sağ hareketler ve medyanın suçlu göçmen söyleminin resmi belgeler ışığında incelenmesi

2017 ◽  
Vol 4 (2) ◽  
pp. 201-226
Author(s):  
Soner Tauscher
Keyword(s):  
Agenda Setting ◽  
Asylum Seekers ◽  
German Society ◽  
Political Agenda ◽  
Substantial Part ◽  
Media Discourse ◽  
Open Door ◽  
The European Union ◽  
Open Door Policy ◽  
Far Right

Avrupa ülkelerinin alışık olduğu düzenli işçi göçü ve kontrollü sığınmacı alımı Suriye iç savaşının üst düzeye ulaştığı 2013/2014 yılından itibaren önemli bir değişim göstermektedir. Avrupa Birliği, kuruluşundan bu yana en yoğun mülteci göçüyle karşılaşmaktadır. Yaşanan bu kontrolsüz ve zorunlu göçe Avrupa toplumları ve devletleri hazırlıksız yakalanmıştır. Mülteci krizini ekonomik olarak fırsata çevirmek isteyen Almanya ise göçmenler için 2015 yazından itibaren açık kapı politikası uygulamaya başlamıştır. Ancak uygulanan açık kapı politikası Alman toplumunun azımsanmayacak bir kesiminde mültecilere ve Müslümanlara yönelik ağır ve şiddetli bir karşı kampanya ortaya çıkardı. Mülteciler ve Müslümanlar aşırı sağ toplumsal hareketlerin gösterilerinde “tecavüzcü”, “işgalci”, “kriminal dolandırıcılar” vb. sıfatlar ile birlikte anılmakta, medya da bu söylemlerin taşıyıcılığını yaparak kamusallaşmasını sağlamaktadır. Böylece aşırı sağı desteklemeyen, apolitik, ya da sığınmacılara karşı hoşgörülü davranan toplum kesimlerinde kamuoyu oluşturularak sığınmacı ve göçmenlere karşı olumsuz algı gündemde tutulmakta, politik olanın merkezine yerleştirilmektedir. Bu çalışmada öncelikle göçmenlere karşı aşırı sağ toplumsal hareketlerin oluşturduğu olumsuz söylemin McCombs ve Shaw’un Gündem Belirleme Kuramı (Agenda Setting Function) bağlamında medya tarafından siyasetin merkezine nasıl oturtulduğu tartışılacaktır. Ayrıca gündemde tutulan mültecilere yönelik olumsuz söylemin gerçeği yansıtıp yansıtmadığı, göçmenlerin ve sığınmacıların biyolojik Almanlardan daha çok suça meyilli olup olmadığı oluşturulan soyut söylemlerden ziyade Almanya İçişleri Bakanlığı’nın yıllık olarak yayınladığı Emniyet Suç İstatistikleri temel alınarak incelenecektir.ABSTRACT IN ENGLISHFar right movements in Germany and evaluation of media discourse of criminal immigrant in the light of official documentsFlows of regular worker migration and regular asylum seekers, of whom European countries are familiar, have significantly changed since 2013/2014 when the civil war of Syria reached its peak. The European Union face probably the most intensive refugee migration since its establishment. European societies and states have not been prepared for this uncontrolled and compulsory immigration. Germany seem to want to turn the refugee crisis into an economic opportunity as evident in their open door policy since the summer of 2015. However, implementation of open-door policy has led a substantial part of German society to a strong campaign against the refugees and Muslims. Refugees and Muslims are referred to as “rapists”, “invaders”, “criminal fraudsters”, and so on in demonstrations of far right movements and media has helped disseminating these discourses. Hence, this manipulated and hateful discourse tries to gain support from the segment of society wh normally does not support far right and often apolitical, or tolerant towards asylum seekers. In this study, the ways in which the negative discourse of far right social movements against immigrants is brought to the centre of the political agenda by media is analysed using the agenda setting framework by McCombs and Shaw. Then, the claims that immigrants are involved in crime, or they are prone to be criminals are analysed and contrasted with the data obtained from the annual Crime and Safety Reports of the German Ministry of the Interior.

Digitalization Real Estate on American Real Estate Society 2018: A Dramatic and Irreversible Shift in Real Estate Systems

2019 ◽  
Vol 10 (5) ◽  
pp. 380-386
Author(s):  
Jan Veuger ◽  
Keyword(s):  
Real Estate ◽  
Capital Flows ◽  
Global Economy ◽  
Real Estate Market ◽  
Educational Models ◽  
Annual Congress ◽  
Real Estate Education ◽  
Demographic Effects

The 34th annual congress of April 10-14 this year took place in Bonita Springs (Florida) where the professionals in real-estate education and research discussed six themes: global economy and capital flows, real estate market cycles, demographic effects, future-proof real estate, disruption in technology and future educational models.

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