scholarly journals An analysis of the performance of the companies in Constanta County which operate in the real estate transactions field in the context of sustainable development

2021 ◽  
Vol 26 ◽  
pp. 475-487
Author(s):  
Kamer-Ainur Aivaz ◽  
Constantin Avram

As time went on, Constanta County has become one of the emerging poles of residential development in Romania, primarily due to its excellent positioning as an economic hub driven by international trade, doubled by a tourism potential with a high degree of long-term growth. In this context, performance measurement remains a constant concern of the entire economic sector that can ensure the progress of an entity. The purpose of this paper is to carry out a dynamic analysis over an 11-year period of the profit margin at the level of the economic agents in Constanta County whose main object of activity is, according to the NACE classification, Real Estate activities/transactions. In the analyzed period, the year 2015 stands out, in which the resumption of lending for large projects and the return of investor confidence in the real estate sector created a contagious euphoria on the market which, coupled with the income accumulated in the crisis by investors looking for profitable capital investments, led to the emergence of a wave of acquisitions, thus stimulating the real estate transactions market. Moreover, although the Coronavirus pandemic has affected the entire planet, more precisely all the economic sectors and the real estate market has not been an exception, the evolution of real estate transactions in the year 2020 was beyond the expectations of specialists in Romania, Romanians showing an appetite for this kind of transactions also in the year of the pandemic.

2022 ◽  
Vol 18 ◽  
pp. 226-231
Author(s):  
M. Locurcio ◽  
F. Tajani ◽  
P. Morano ◽  
F. Di Liddo ◽  
D. Anelli

In the current historical moment of post-crisis recovery, the real estate sector has a dual role: i) through the construction industry and its impacts on related economic sectors, it is called upon to be an active part of the economic recovery; ii) the enhancement of existing property assets is of primary importance in the containment of greenhouse gases and the achievement of the objectives set by the United Nations [1]. In this context, the various players involved in the real estate market have outlined the importance of being supported by assessment methodologies. That allows to point out not only the opportunities of the investment, but also the risks that may invalidate the initial forecasts, nullifying the success of the initiative. To this end, this research develops a multi-criteria Key Performance Indicator aimed at analyzing the feasibility of real estate initiatives that allows to provide a synthetic scoring on the financial sustainability of each investment and to compare different types of initiatives (e.g. new construction, demolition and reconstruction, renovation, etc.).


2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Daniel Piazolo ◽  
Utku Cem Dogan

PurposePrevious research on automation and job disruption is only marginally related to the real estate industry and its characteristics. This study investigates the effects of digitization on jobs in German real estate sector, in order to assess the proportion of jobs threatened to be replaced by automation. Since Germany is the largest EU economy insights for the German real estate market allow a first approximation for Europe.Design/methodology/approachAn extensive database of the German Federal Employment Agency containing job definitions and occupation titles is matched with real estate criteria to create a subset with the relevant real estate occupations. This data is combined with a database of the German Institute of Employment Research reflecting to what extent tasks within jobs can be automated by current technical capabilities.FindingsFor the 286 identified occupations within the real estate sector a weighted average of 47 percent substitution probability through current technological capabilities is derived for tasks within the examined occupations.Practical implicationsThis contribution indicates the extent of the structural change the real estate sector has to face due to digitization: One out of two real estate jobs will have to be re-created.Originality/valueThis research quantifies the magnitude of the job killer aspect of digitization in the real estate sector.


2011 ◽  
Vol 15 (15) ◽  
pp. 57-69
Author(s):  
Fátima De Matos

Ageing and Quality of Life - New Responses from the Real Estate Sector in Portugal (1) In the second half of the 20th century, the history of European demography is associated with a pronounced and widespread process of ageing. The 21st century will have to cater to the needs of an elderly population in transformation. Portugal is also part of this process and in efforts to improve the quality of life of the elderly, a wide range of facilities, services and social responses have been established by a variety of promoters, targeting several social levels. This paper will analyze a specific segment directed at an exclusive niche of the elderly population, the Senior Residential Condominiums. This is a very recent segment of the housing market, with high levels of comfort, quality, sanitation, health, and recreation, essential to full well-being. The paper intends to characterize this real estate market niche so as to identify its distinctive features, the promoting agents and how they can contribute to residents' quality of life.


Digitalization has reached the German real estate market. IT requirements have to be defined and followed. The state, companies and private households must implement appropriate requirements and take measures to jointly guarantee data protection and data security to be armed against cybercrime, and thus promote digitalization. Suitable measures will be examined here. IT facilitates many things but is also an instrument that can be abused also exploited, as it is operated by people. To be able to implement constant and secure overall solutions and concepts, this paper examines individual aspects in more detail and provides appropriate recommendations


2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Mazed Parvez ◽  
Sohel Rana

Purpose The purpose of this paper is to find out the causes of increasing population in the real estate area. The demographic in information of the respondents and the level of satisfaction was also carried out for this study. Design/methodology/approach The authors use both primary and secondary data. Total 329 respondents were surveyed at the real estate area after completing sample size determination. Secondary data was collected from journals, real estate offices and papers. After that, using regression and correlation analysis, the data was analyzed and finalized. Findings This study identified migration as the most critical variable. The study determined ten hypotheses and only accepted two. By that, this study finds out the causes of the increasing demand of plots and flats in real estate. Originality/value This study will work as a baseline study for the real estate sector in Bangladesh. Most of the research on Bangladesh’s real estate is done mainly on real estate market assessment and consumer satisfaction. Nevertheless, this study will find out the causes of the increasing population in real estate.


2016 ◽  
Vol 10 (2) ◽  
pp. 21 ◽  
Author(s):  
Ademir Araújo da Costa ◽  
Eduardo Alexandre do Nascimento

Resumo As ações das forças políticas e do capital, em território mossoroense, têm engendrado a reunião de um conjunto de condições favoráveis ao expressivo desenvolvimento do mercado imobiliário na cidade. Tal desenvolvimento se evidencia pela significativa quantidade de investimentos aplicados na produção de condomínios residenciais fechados, destinados às classes, média e alta, e na construção de conjuntos habitacionais “populares” dentro do Programa Minha Casa Minha Vida (PMCMV). Diante dos impactos da dinâmica do setor imobiliário sobre a economia e sobre a reconfiguração do espaço urbano local, é preciso indagar: quais fatores têm impulsionado o mercado de imóveis residenciais em Mossoró a partir dos primeiros anos de 2000 até o presente momento? Partindo dessa questão, define-se como objetivo central deste trabalho a análise das principais condições e fatores responsáveis pelo processo de expansão do mercado imobiliário em Mossoró a partir dos primeiros anos de 2000. Palavras-chave: Mossoró-RN; Mercado Imobiliário; Espaço Urbano; PMCMV AbstractThe actions of political and capital forces, in the territory of Mossoró, have generated the reunion of a set of favorable conditions to the significant development of the real estate market in the city. Such development is evidenced by the significant amount of investments applied in the production of residential gated condominiums, for the classes medium and high, and the construction of “popular” housing complexes within the Programa Minha Casa Minha Vida (PMCMV). Given the dynamics of the real estate sector impacts on the economy and about the reconfiguration of the local urban space, it must be asked: what factors have boosted the housing market in Mossoró from the early 2000s to the present time? From this point of view, the main goal of this paper consists of analyzing the main conditions and factors that lead to the expansion of Mossoró real estate market in the first years of 2000.Keywords: Mossoró-RN; Real Estate Market; Urban Space; PMCMV ResumenLas acciones de las fuerzas políticas y el territorio capital mossoroense, han diseñado la reunión de un conjunto de condiciones favorables para el desarrollo el expresiva del mercado de vivienda en la ciudad. Dicho desarrollo se manifiesta por el importante monto de inversiones aplicadas en la producción de condominios residenciales cerrada para clases, media y alta y la construcción de viviendas "popular" dentro del programa mi casa mi vida (PMCMV). Sobre los impactos de la dinámica del sector inmobiliario en la economía y en la reconfiguración de la ubicación del espacio urbano, tienes que preguntar: ¿Qué factores han impulsado el mercado de viviendas en Mossoró desde los primeros años del 2000 hasta la actualidad? Basado en esto, se define como objetivo central de este trabajo el análisis de las principales condiciones y factores responsables por el proceso de expansión del mercado inmobiliario en Mossoró desde los primeros años de 2000.Palabras clave: Mossoró-RN; Mercado Inmobiliario; Espacio Urbano; PMCMV


2021 ◽  
Vol 7 (1) ◽  
pp. 41-52
Author(s):  
Diego Gonzalo Astudillo Cobos

After the bubble burst, the real estate sector has become a very attractive market for funds or large investors. Financial entities were going through a very difficult situation and these opportunistic funds found the best time to invest in real estate. One of the most important funds in this market is Blanckstone, it has a large portfolio of assets and is considered the largest landlord in Spain. At the end of 2013, several indicators were favorable for the real state sector. However, since the last quarter of 2019, this recovery already showed signs of exhaustion and the contraction was greater this year since productive activity in most sectors was paralyzed. However, several authors agree that a market collapse will not occur, since they are since current conditions are better compared to those that occurred during the bursting of the bubble, for example the private sector presents a better financial position and there is no excessive building.


2020 ◽  
Vol 11 (2) ◽  
Author(s):  
Srinidhi Vasan

The Indian Real Estate sector is a thriving globally recognised sector amongst all the big sectors established in the economy. This sector attracts the major amount of Foreign Direct Investment (FDI) into the system. Real Estate companies in India are a major source of Gross Domestic Product (GDP) for the economy and ensure that this revenue is duly and positively affecting the growth of the economy. Post the establishment of the RERA Act, 2016, buyers or investors of real estate have increased significantly as the same are protected an safeguarded by the Indian law. The deadly virus COVID 19 started its effect from December 2019, China and has now spread rapidl all over the globe and massacred millions of people. Due to such a cause governments all over the globe have taken a unanimous decision of locking down the entire system individually and ensure to break the chain of the spread of the virus resulting in a stoppage or slowdown of the almost all the sectors of the global economy. This has impacted in the multiple ways in the real estate sector. Can the impact of COVID 19 on the real estate market be curtailed and how? What are the ways in which a real estate company can sustain itself in situation of such a crisis? This article showcases the combined details from the secondary data stating the various dimensions in which the crisis impacted by the real estate companies, temporary solutions to the same and certain future predictions of this sector and how it’ll be affected globally on the long run. Through the findings we can figure as to which strategy would be applicable to the world at large.


2021 ◽  
Vol 2 (48) ◽  
pp. 203-209
Author(s):  
I. Z. Storonyanska ◽  
◽  
A. R. Dub ◽  

Real estate transactions have been one of the most shadowed sectors of the national economy. The COVID-19 pandemic and the quarantine measures introduced in 2020 to prevent its spreading have led to a sharp increase in the shadowing of the real estate sector, thus reversing the positive trend of the previous years. The study aims at finding ways to de-shadow the real estate sector and substantiating them. Changes in the level of shadowing relations in the real estate sector in 2020 are analyzed. It is found out that the quarantine restrictions introduced in 2020 had though short-term but major negative impact on activities in the real estate market, thus increasing the shadowing of the real estate transactions sector. Emphasis is placed on letting residential real estate as one of the most shadowed segments of the real estate sector. Gaps in the de-shadowing measures in the real estate sector in recent years are highlighted and critically assessed, in particular: Bill № 3618 “On Real Estate Activities in Ukraine”; Bill № 3928-1 "On Amendments to the Tax Code of Ukraine with a view to stimulate the de-shadowing of income received from letting residential real estate"; introduction of a Multiple Listing Service based on real estate appraisal reports; activities of tax authorities in the field of identifying shadow transactions in the rental market. To minimize the level of shadowing the real estate sector, it is suggested to: conduct public awareness campaign as for the benefits of conducting legal activities in the rental market, e.g., protection of the rights of tenants and landlords in the field of real estate transactions; to amend the Tax Code of Ukraine regarding the taxation of income received from letting residential real estate; create a "Legal Lease" online portal, etc.


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