scholarly journals Historical development of domestic experience of shared construction of apartment buildings

2021 ◽  
pp. 45-54
Author(s):  
Dar'ya Aleksandrovna Odnopalova
Keyword(s):  
Real Estate ◽  
Construction Projects ◽  
Residential Buildings ◽  
Real Estate Market ◽  
Residential Real Estate ◽  
Apartment Buildings ◽  
The Subject ◽  
Effective Organization ◽  
Modern Experience ◽  
Financing Schemes

Currently, the most common way to finance the acquisition of residential real estate is shared construction, which has its drawbacks. This article discusses the domestic and Russian experience of shared construction, and compares the activities and organizations. The object of research is the financing schemes for residential real estate. The subject of the study is the comparative characteristics of financing schemes for multi-apartment residential buildings. The aim of the study is to analyze the experience of shared construction of multi-apartment residential buildings in the USSR and modern Russia. Summarizing the comparative analysis of the features of the organization and activities of domestic and modern experience in shared construction, we can say that these schemes have similarities in attracting public funds for the construction of multi-apartment buildings and that these mechanisms for acquiring housing in the primary market are not safe for their members. Therefore, there is still a need to develop the most effective organization of financing investment and construction projects in the residential real estate market, providing for the interests of the developer, participant in shared construction, the state and the bank.

scholarly journals Historical development of domestic experience of shared construction of apartment buildings

2020 ◽  
pp. 45-54
Author(s):  
Dar'ya Aleksandrovna Odnopalova
Keyword(s):  
Real Estate ◽  
Construction Projects ◽  
Residential Buildings ◽  
Real Estate Market ◽  
Residential Real Estate ◽  
Apartment Buildings ◽  
The Subject ◽  
Effective Organization ◽  
Modern Experience ◽  
Financing Schemes

Currently, the most common way to finance the acquisition of residential real estate is shared construction, which has its drawbacks. This article discusses the domestic and Russian experience of shared construction, and compares the activities and organizations. The object of research is the financing schemes for residential real estate. The subject of the study is the comparative characteristics of financing schemes for multi-apartment residential buildings. The aim of the study is to analyze the experience of shared construction of multi-apartment residential buildings in the USSR and modern Russia. Summarizing the comparative analysis of the features of the organization and activities of domestic and modern experience in shared construction, we can say that these schemes have similarities in attracting public funds for the construction of multi-apartment buildings and that these mechanisms for acquiring housing in the primary market are not safe for their members. Therefore, there is still a need to develop the most effective organization of financing investment and construction projects in the residential real estate market, providing for the interests of the developer, participant in shared construction, the state and the bank.

scholarly journals Management of Investment and Construction Projects in Terms of Project Financing

2021 ◽  
Vol 12 (2) ◽  
Author(s):  
Natalya Kovalevskaya
Keyword(s):  
Project Management ◽  
Real Estate ◽  
Construction Projects ◽  
Bank Lending ◽  
Real Estate Market ◽  
Project Finance ◽  
Project Financing ◽  
Residential Real Estate ◽  
Legislative Framework ◽  
The Impact

The possibilities of applying the project approach to the financing of investment and construction projects are considered. The article analyzes the implementation of the processes of housing construction project management in the context of changes in the legislative framework and the transition of the activities of real estate developers to project financing. The article considers the features of project finance that are significant for project management as a form of project resource management, which determine its advantages in comparison with traditional bank lending. The expediency of adjusting the project risk management processes in the context of a legally approved transition to project financing is justified. The article analyzes the impact of changes in the legislation regulating the conditions for financing investment and construction projects on the situation in the residential real estate market. The advantages and limitations of project financing for various participants of investment and construction projects in the field of residential real estate are identified.

Territorial Distribution Of The Housing Stock In Moscow By Grades Of Comfort

2019 ◽  
pp. 14-18
Keyword(s):  
Real Estate ◽  
Housing Stock ◽  
Residential Buildings ◽  
Residential Real Estate ◽  
Apartment Buildings ◽  
The City

The features of the applied systems of classification of apartment buildings are considered. Their classification is carried out and the cartographic materials reflecting territorial distribution of the considered housing by grades of comfort in districts and settlements of the city of Moscow are prepared. A comparison of the comfort classes of the structure of the housing stock in the territorial context at the beginning of 2018 and the forecast of the potential possible structure as a result of the planned works on the commissioning and demolition of residential buildings for the foreseeable period are made. Trends of changes in the structure of the housing stock in Moscow are analyzed. The territories of the most significant changes in the comfort of living, as well as trends forming as a result of execution of the planned works in full are identified. The results obtained reflect the development of the housing stock in the territorial context due to the demolition and commissioning of residential real estate, including after the implementation of the renovation program.

Accounting For Residential Real Estate In Urban Planning

2019 ◽  
pp. 30-35
Keyword(s):  
Urban Planning ◽  
Real Estate ◽  
Real Estate Market ◽  
Residential Real Estate ◽  
The Real Estate ◽  
Market Participants ◽  
Apartment Buildings ◽  
The Real Estate Market ◽  
Potential Risks

Issues of conformity of the terminology used by realtors for classification of residential objects to the current legislation are considered. The potential risks and features of accounting in urban planning of non-residential objects (lofts and apartments) for permanent residence of the population are given, the features of their placement are revealed. The distribution of apartment buildings in the administrative okrugs of Moscow, a significant part of which is located within the boundaries of the Central Administrative Okrug, is shown. At the same time, apartments in the center of the capital are represented mainly by low-rise premium class houses, as moving away from the center, the number of stories and the number of premises in the buildings increase. Information about the population living in the apartments is also provided. It is established that in order to ensure the sustainable and harmonious urban development, it is necessary to monitor the real estate market and timely update the official terminology for unhindered communication with market participants.

scholarly journals (Un)real estate : Online staging of investment-driven housing projects in Vienna

Socio hu ◽  
2020 ◽  
Vol 10 (Special Issue) ◽  
pp. 41-58
Author(s):  
Anita Aigner
Keyword(s):  
Real Estate ◽  
Construction Projects ◽  
Consumer Behaviour ◽  
Digital Environment ◽  
Central Question ◽  
Residential Real Estate ◽  
Housing Projects ◽  
New Construction ◽  
The Subject ◽  
The Aesthetic

If we want to understand why housing is increasingly becoming a global investment product and the subject of surplus consumption, we must also look at the advertising infrastructures and image products that have been profoundly transformed by new digital technologies. This article examines the promotional staging of luxury and investment apartments using the example of websites that advertise upscale new construction projects in Vienna. The central question is how, and with which forms of aesthetic staging, processes of emotional and temporal entanglement are set in motion. For the analysis, Gernot Böhme’s theory of aesthetic economy and concepts of ANT-informed economic sociology are used. It is argued that breathtakingly realistic architectural renderings should not only be seen as representations, but as ‘market devices’ which, together with the technical-digital environment in which they are embedded, (co-)shape our affects, our desire and our consumer behaviour. The aesthetic work that is invested in the online staging of residential real estate does not simply serve to better imagine buildings not yet built, but rather to sell apartments at an ever earlier date – thus to accelerate the capital turnover.

scholarly journals Analysis of the real estate market for business activities

2021 ◽  
pp. 60-68
Author(s):  
O. A. Zemlyanskiy
Keyword(s):  
Real Estate ◽  
Real Estate Market ◽  
Market Analysis ◽  
Entrepreneurial Activity ◽  
Market Segments ◽  
The Real ◽  
The Real Estate ◽  
Doing Business ◽  
The Real Estate Market ◽  
The Subject

Effective business activities conducting in the real estate market is impossible without an objective analysis of the real estate market, its individual segments, comparing the possibilities and efficiency of doing business in different market segments. Based on the generalization of various methods, the author proposes an analysis of the real estate market to determine the possibility of effective business activity, including setting goals for the analysis of the real estate market and its individual segments, determining the subject, conditions and opportunities for entrepreneurial activity in the real estate market, analysing the market in accordance with the factors of market analysis, its characteristics and identification of the most attractive market segments and areas of activity in order to achieve these goals. The analysis of the real estate market determines the opportunities, conditions and prospects of presence on the market for various companies and types of business related to the creation and sale of real estate objects, as well as credit and financial, legal, insurance, valuation, commercial and other types of business.

scholarly journals International Real Estate Review

2021 ◽  
Vol 24 (2) ◽  
pp. 139-183
Author(s):  
Kristoffer B. Birkeland ◽  
◽  
Allan D. D’Silva ◽  
Roland Füss ◽  
Are Oust ◽  
...  
Keyword(s):  
Real Estate ◽  
Real Estate Market ◽  
Percentage Error ◽  
Residential Real Estate ◽  
Valuation Model ◽  
Stacked Generalization ◽  
Novel Approach ◽  
Out Of Sample ◽  
Selection For ◽  
Automated Valuation

We develop an automated valuation model (AVM) for the residential real estate market by leveraging stacked generalization and a comparable market analysis. Specifically, we combine four novel ensemble learning methods with a repeat sales method and tailor the data selection for each value estimate. We calibrate and evaluate the model for the residential real estate market in Oslo by producing out-of-sample estimates for the value of 1,979 dwellings sold in the first quarter of 2018. Our novel approach of using stacked generalization achieves a median absolute percentage error of 5.4%, and more than 96% of the dwellings are estimated within 20% of their actual sales price. A comparison of the valuation accuracy of our AVM to that of the local estate agents in Oslo generally demonstrates its viability as a valuation tool. However, in stable market phases, the machine falls short of human capability.

Sign in / Sign up

Export Citation Format

Share Document