Dissertations / Theses on the topic 'Real estate leases'
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Ho-Shon, Kevin Peter. "Real Estate Leases and Real Options." Thesis, The University of Sydney, 2008. http://hdl.handle.net/2123/3692.
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This thesis builds on the real estate lease model of Grenadier which consists of the Black Scholes PDE and an upper reflecting boundary condition. Extending the method of images of Buchen, a new technique was developed to solve this class of problems. Problems that previously required difficult integration can now be solved with algebra and simple integrals. In addition, the compound option in this framework is solved using this new technique. To the best of our knowledge the solution of the compound problem has not been published. An interesting symmetry between this class of problems and the lookback option was also discovered and described in this thesis. The extension of the method of images to include problems with the reflecting boundary condition in the context of real estate leases was presented at the Financial Integrity Research Network Doctoral Tutorials at the University of Technology, Sydney, in 2006. The presentation was awarded the ``FIRN Best Paper Award''. This paper has been submitted to the Journal of Financial Mathematics for publication. The solution to the compound problem in the context of the upward-only market review option is the subject of the next paper.
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Ho-Shon, Kevin Peter. "Real Estate Leases and Real Options." University of Sydney, 2008. http://hdl.handle.net/2123/3692.
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Doctor of Philosophy(PhD)This thesis builds on the real estate lease model of Grenadier which consists of the Black Scholes PDE and an upper reflecting boundary condition. Extending the method of images of Buchen, a new technique was developed to solve this class of problems. Problems that previously required difficult integration can now be solved with algebra and simple integrals. In addition, the compound option in this framework is solved using this new technique. To the best of our knowledge the solution of the compound problem has not been published. An interesting symmetry between this class of problems and the lookback option was also discovered and described in this thesis. The extension of the method of images to include problems with the reflecting boundary condition in the context of real estate leases was presented at the Financial Integrity Research Network Doctoral Tutorials at the University of Technology, Sydney, in 2006. The presentation was awarded the ``FIRN Best Paper Award''. This paper has been submitted to the Journal of Financial Mathematics for publication. The solution to the compound problem in the context of the upward-only market review option is the subject of the next paper.
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Wang, Jing. "Valuing options in commercial real estate leases." Click to view the E-thesis via HKUTO, 2005. http://sunzi.lib.hku.hk/hkuto/record/B34837668.
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Wang, Jing, and 王晶. "Valuing options in commercial real estate leases." Thesis, The University of Hong Kong (Pokfulam, Hong Kong), 2005. http://hub.hku.hk/bib/B34837668.
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Pretorius, Frederik Izak Hendrik. "Liquidity characteristics of commercial real estate leases." Thesis, The University of Hong Kong (Pokfulam, Hong Kong), 1998. http://hub.hku.hk/bib/B31239195.
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Pretorius, Frederik Izak Hendrik. "Liquidity charateristics of commercial real estate leases /." Hong Kong : University of Hong Kong, 1998. http://sunzi.lib.hku.hk/hkuto/record.jsp?B20038197.
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Timo, Singer. "A review of the application of real options theory to commercial real estate leases /." Hong Kong : University of Hong Kong, 2002. http://sunzi.lib.hku.hk/hkuto/record.jsp?B25939397.
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Meyer, Brian S. (Brian Stewart). "Office leases & landlord investment in energy efficiency." Thesis, Massachusetts Institute of Technology, 2008. http://hdl.handle.net/1721.1/58634.
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Thesis (S.M. in Real Estate Development)--Massachusetts Institute of Technology, Dept. of Architecture, Center for Real Estate, 2008.This electronic version was submitted by the student author. The certified thesis is available in the Institute Archives and Special Collections.
Includes bibliographical references (p. 49-50).
What is the relationship between the structure of leases in the Boston office rental market and how much landlords invest in energy efficient building systems for their existing buildings? I am drawn to this question because it seems to me that there is technology available that would allow the operation of for-rent office buildings to be more efficient in their consumption of energy than they currently are. I investigate this question with the hope that by characterizing the problem, we can start to solve it. To this end, I interview 35 players in the real estate market in Boston in order to determine the relationship between leases and landlord investment in energy efficiency, and if there is any way to increase such investment. The most significant finding of this study is that the lease does not determine the way the market works, rather the market determines the way the leases are written. The result at this time for the Boston market is that leases simply do not incentivize the landlords to make investments in energy efficiency because the tenants do not want to pay for the landlords to do it. The landlords are unable to make significant profit from these upgrades due to existing recapture clauses and operating expense allocation in existing leases, and the payback period on many of these investments does not satisfy the investment horizon of many commercial landlords. They lack pressure and motivation from their tenants, as evidenced by the tenants' refusal to pay higher rents for more efficient buildings. Finally, there is no perception of a premium, in the form of a lower cap rate, paid by the capital markets at the time of sale.
(cont.) This is a very complex issue, with no single, clear resolution. There have been many suggestions as to how this problem may be solved, ranging from a complete change in lease structure, to government intervention through efficiency mandates or taxes, to a laissez faire stance that will allow the market to take care of the problem. I think that none of these in isolation will solve the problem, but that a combination of them all may ameliorate many of the issues. Perhaps the best combination would be to mandate performance or to tax excessive consumption while at the same time developing leases that better address how to share costs and benefits. By doing this, we will set appropriate minimum goals, and provide suitable tools to achieve them. Without both of those pieces, it seems unlikely that much progress will be made.
by Brian S. Meyer, Jr.
S.M.in Real Estate Development
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Singer, Timo. "A review of the application of real options theory to commercial real estate leases." Thesis, The University of Hong Kong (Pokfulam, Hong Kong), 2002. http://hub.hku.hk/bib/B31256934.
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Kwan, Kit-ying Cindy, and 關潔瑩. "A content study of commercial real estate leases in Hong Kong." Thesis, The University of Hong Kong (Pokfulam, Hong Kong), 2006. http://hub.hku.hk/bib/B45164587.
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Tang, Wai-ming Gilbert. "A critical assessment of the impact of professional property management on office building leasing." Click to view the E-thesis via HKUTO, 2002. http://sunzi.lib.hku.hk/hkuto/record/B42576994.
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Hjertstedt, Nicole. "Strategizing IFRS 16 – Leases and Real Estate : Exploring implementation and contractual strategies relating to new accounting regulation." Thesis, KTH, Fastigheter och byggande, 2018. http://urn.kb.se/resolve?urn=urn:nbn:se:kth:diva-230938.
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Traditionally Operational Leases have been exempted from being recognized on the balance sheet of the financial statements. With the new leasing regulation presented by the International Accounting Standards Board (IASB); International Financial Reporting Standards 16 (IFRS 16), with effective date of 2019‐01‐01 operational leases are to be accounted for as finance leases, being capitalized into the balance sheet as a right of use asset and lease liabilities. This will affect the financial statement considerably for some heavy users of operational leases, such as retailers, whereas another factor that also have an impact is balance sheet composition before implementation. Many key ratios will also be affected and it is expected that for some long‐term companies, such as production companies, will take the lease or buy decision up for more serious discussion. This is because operational leasing no longer can be used to balance financing and debt as it has been used in the past. The implementation of the standard will be considerably heavier administration‐wise for companies with no previous financing leases since they do not currently have system support for lease valuations or advanced administration processes surrounding operational leases. This is common for firms with leased space as a big part of their operations, such as retailers. Implementation will be a big project for many enterprises and the effect on the balance sheet may be finished very close to effective date, resulting in that some shortcuts may be taken. This could result in a higher lease debt than necessary as there are many assumptions and interpretations to be made during the implementation process. These assumptions and adjustments are expected to be continuously worked on by companies to reevaluate and decrease lease debt, where incentives to do so exist. A qualitative interactive inductive approach, using semi‐structured interviews is used in this study to explore and dig deeper into possible strategic redesigns of contractual clauses to decrease the effect this standard would have on financial statements. The possible strategies described are to be viewed as possible changes that would reduce the effect on the balance sheet where a company has incentives to do so. There also seem to be changes within the retail market that could change contract structure in the future, independently of IFRS 16. However, these changes could in turn be used to argue for assessments regarding lease terms that would decrease the effect on a company’s balance sheet in accordance with IFRS 16.Historiskt sätt så har operationella leasingavtal varit undantagna från att tas upp i balansräkningen i de finansiella rapporterna. Med anledningen av nya redovisningsrekommendationer av IASB; IFRS 16 – Leasing, med start 2019‐01‐01, kommer operationella leasingavtal inte längre att särskiljas från finansiella leasingavtal, utan också kapitaliseras in i balansräkningen som en nyttjanderättstillgång och en leasingskuld. Det här kommer att påverka balansräkningens komposition, i vissa fall väldigt mycket, i synnerhet för frekventa användare av operationella leasingavtal såsom detaljhandelsbolag och produktionsbolag, och som dessutom har en svagare skuldsida på balansräkningen. Långsiktiga produktions‐ och industriföretag förväntas omvärdera beslut gällande leasa versus köpa då de inte kommer kunna balansera skuldbalansen genom att använda sig av operationella leasingavtal längre. Implementeringen av IFRS 16 kommer att bli svårare på ett administrativt splan för lokalhyresgäster i de fall de inte har system för att hantera finansiella leasar på plats. De tenderar även att ha mindre effektiva system för att samla och hantera sina operationella leasar innan implementering. Detta tenderar att vara vanligare för företag där att hyra lokaler representerar en stor del av företagets operationella strategi, såsom i detaljhandeln som ett exempel. Implementeringen kan vara ett stort projekt för många företag och effekten bli tydlig först närmare implementeringsdatum. Detta kan resultera i att genvägar kommer att tas och i vissa fall kommer resultera i exempelvis större leasingskuld än nödvändigt. De antaganden och justeringar som är möjliga kommer mer sannolikt att tas efter implementering, då incitament även tros bli större att ta till dessa möjliga strategier. En kvalitativ interaktiv och induktiv inriktning med framförallt semi‐strukturerade intervjuer har använts i denna studie för att utforska och möjliggöra att gräva djupare efter möjliga strategiska förändringar som kontraktsmässigt skulle kunna minska effekten på balansräkningen i de fall det finns incitament att göra det. Det finns tendenser som visar på att förändringar är på gång inom detaljhandeln, oberoende av redovisningsförändringarna som i sin tur kan göra att det möjligen kommer bli enklare att argumentera för att ta upp en mindre leasingskuld i balansräkningen enligt IFRS 16, såsom förkortade lokalhyresavtal och mer serviceavtal snarare än hyresavtal.
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Tang, Wai-ming Gilbert, and 鄧偉明. "A critical assessment of the impact of professional property management on office building leasing." Thesis, The University of Hong Kong (Pokfulam, Hong Kong), 2002. http://hub.hku.hk/bib/B42576994.
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Enström, Alice, and Andrea Paulsson. "Space-as-a-service: a disruptive concept for the real estate industry?" Thesis, KTH, Fastigheter och byggande, 2020. http://urn.kb.se/resolve?urn=urn:nbn:se:kth:diva-277086.
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The technological development has enabled structural changes in the real estate market and created a growing concept of space-as-a-service. Space-as-a-service has emerged from the concepts of sharing economy, digitalization and servitization to meet the demand for flexible solutions on the commercial real estate market. The idea of space-as-a-service is to offer simple and flexible access to spaces as well as providing extra services for tenants to create added value. From a sustainable perspective the intention is to decrease the need for new construction and take advantage of the existing building stock to meet demand for space. Most of the previous research on the space-as-a-service concept focus on coworking and sharing spaces but not as much on the broader concept and its rampaging on the real estate market. This study aims to investigate if the concept of space-as-a-service is disruptive for the real estate industry and how real estate owners approach this development. A qualitative research method was applied, using both structured and semi-structured interviews with real estate owners with property holdings in Sweden to get more in-depth information and understanding of the growing concept of space-as-a-service. The Theory of Disruptive Innovations was used as a framework for investigating disruptive signs of space-as-a-service. The driving motives behind space-as-a-service are concluded to mainly derive from an observed demand for freedom of effort and flexibility in the real estate owners´ offerings. We can see a new complex competitive environment, where the real estate industry's service goes from selling “space” to offer a concept. This puts new requirements on real estate owners to justify for more than the location of their premises, in order to keep their competitive position. What positions the real estate owners take in this new landscape differentiates. The attitudes towards space-as-a-service are generally positive, but the perceived risks are explicitly present. External actors and regulations also counteract the development. Thresholds and attitudes collide, making it clear that a change in mindset is needed. However, from the results of our study we can conclude that the concept of space-as-a-service fulfills the characteristics of a disruptive innovation, indicating that this evolution will be disruptive for the real estate industry.Den tekniska utvecklingen av teknik har möjliggjort strukturella förändringar på fastighetsmarknaden, där man går från att sälja yta till att erbjuda ett koncept. Yta-som-tjänst har växt fram från begreppen delningsekonomi, digitalisering och tjänstefiering för att möta efterfrågan på flexibla lösningar på den kommersiella fastighetsmarknaden. Idén med yta-som-tjänst är att erbjuda enkel och flexibel tillgång till ytor samt att tillhandahålla tjänster till hyresgäster för att skapa mervärde. Ur ett hållbarhetsperspektiv är avsikten att minska behovet av nyproduktion och dra nytta av det befintliga fastighetsbeståndet för att möta efterfrågan på lokaler. Tidigare forskning relaterat till yta-som-tjänst fokuserar främst på coworking och delade ytor, men det saknas studier på konceptet ur ett bredare perspektiv och dess framfart på fastighetsmarknaden. Syftet med denna studie är att undersöka om konceptet yta-som-tjänst är disruptivt för fastighetsbranschen samt fastighetsägares inställning till denna utveckling. Resultatinsamlingen genomfördes med en kvalitativ forskningsmetod, där både strukturerade och semistrukturerade intervjuer med kommersiella fastighetsägare i Sverige användes för att få en djupare förståelse för konceptet yta-som-tjänst. Studiens akademiska förankring grundar sig i teorin om Disruptiva Innovationer som används för att granska disruptiva tecken av konceptet yta-som-tjänst. Vi kan dra slutsatsen att drivkrafterna bakom konceptet yta-som-tjänst främst är ökad efterfrågan på besvärsfrihet och flexibilitet i tjänsterna som idag erbjuds av fastighetsägare. Detta skapar en ny och komplex konkurrensmiljö som sätter nya krav på fastighetsägare, de blir tvungna att rättfärdiga för mer än bara läget på en lokal för att behålla sin konkurrenskraft. Vilka roller som fastighetsägare väljer att ta i detta nya landskap varierar sig. Attityderna mot yta-som-tjänst är generellt positiva, men det upplevs finnas flera risker som tillsammans med externa aktörer och regelverk motverkar utvecklingen. Resultatet visar att attityder och trösklar i utvecklingen motsäger varandra och att ett tankeskifte är nödvändigt i flera olika led. Resultatet av vår studie visar att konceptet yta-som-tjänst uppfyller karaktärsdragen för en disruptiv innovation och förväntas expandera till en bredare marknad framöver.
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Kristoferson, Ida, and Oscar Lithander. "Flexibla hyresavtal – En växande trend på kontorsmarknaden : Fördelaktigt för fastighetsägare och hyresgäster?" Thesis, KTH, Fastigheter och byggande, 2020. http://urn.kb.se/resolve?urn=urn:nbn:se:kth:diva-276832.
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Till följd av digitaliseringens framfart förändras företags och medarbetares arbetssätt varpå nya krav ställs på kontors- och hyresavtalsutformningar. De krav som ställs idag kan sammanfattas med ett ord – flexibilitet. Den ökade efterfrågan på flexibla hyresavtal resulterar i en mängd förändringar på fastighetsmarknaden för kontor. Syftet med studien var att få en inblick i fastighetsägares och hyresgästers attityder gentemot flexibla hyresavtal för att kunna avgöra om det är fördelaktigt för parterna att använda sig utav flexibla hyresavtal jämfört med traditionella hyresavtal. Studien använde sig utav en kvalitativ forskningsmetod där semistrukturerade intervjuer genomfördes medfastighetsägare, hyresgäster och branschrepresentanter. Studien visade att fastighetsägare och operatörer av flexibla kontorslokaler redan har börjat innovera nya koncept och produkter för att rätta sig efter kontorsmarknadens utveckling för att kunna tillgodose förändrade behov hos företagare. Trenden visar att antalet flexibla hyresavtal fortsätter att öka och därför bör fastighetsägare ha en affärsstrategi för detta.Den slutsats som kunde dras utifrån denna studie är att flexibla hyresavtal är fördelaktigt förbåda parter men att det krävs lite olika implementeringar för att det ska bli mer fördelaktigtför fastighetsägaren. Fastighetsägare som kan tillhandahålla en flexibel produkt som tarhänsyn till dagens attityder kommer troligtvis befinna sig i en starkare position påkontorsmarknaden på lång sikt. Studien visade att den ökade efterfrågan på flexibilitetgrundar sig i att traditionella hyresavtal inte tar hänsyn till den takt företag förändras idag.Vidare är det hög tid att reformera dagens hyresmodell och lagstiftning så att de passar dagensförändrade samhälle och möjliggör implementeringen av det flexibla hyresavtalet. Ökadflexibilitet i hyresmodellen skulle innebära att fastighetsägare kan bidra till ett mer effektivt resursutnyttjande och samtidigt ta hänsyn till hyresgästernas förändrade behov.The way employees and companies work are changing. The progress of digitalisation iscreating new demands on the design of office and rental contracts. The tenants now require greater flexibility which has resulted in numerous changes to the real estate market for offices. A study was carried out to investigate the attitudes property owners and tenants have towards flexible leases. The purpose was to determine whether it is advantageous for both parties to use flexible leases compared to traditional leases. The study used a qualitative research method in which semi-structured interviews were conducted with property owners,tenants and representatives in the property industry. The study shows that property owners and operators of flexible office space have already begun to innovate new concepts and products in order to meet the changing needs ofbusiness owners. The trend indicates that the number of flexible leases continues to increase thus property owners should adapt accordingly. Furthermore, the study highlighted that flexible leases can be advantageous to both parties,but further implementations are required to also make it beneficial for the property owner.That being said, the property owners that can provide flexible contracts are likely to be in a stronger position in the long term. The study also suggested that traditional leases do not take into account companies' rate of change which subsequently explains the reason for the increased demand for flexibility. In addition, the current rental model and legislation must be reformed to suit today's changing society to enable the implementation of the flexible lease agreement. Increased flexibility inthe rental model would mean that property owners can contribute to a more efficient use of resources and simultaneously take into account the changing needs tenants' have.
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Saccsara, Torres Melodie Leonor, and Contreras Maritza Saldivar. "NIIF 16: Arrendamientos y su incidencia en los Estados Financieros y en el Impuesto a la Renta en las empresas del sector Inmobiliario en Lima Sur, año 2018." Bachelor's thesis, Universidad Peruana de Ciencias Aplicadas (UPC), 2019. http://hdl.handle.net/10757/635422.
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El presente trabajo de investigación denominado “NIIF 16 Arrendamientos y su incidencia en los Estados Financieros y en el Impuesto a la Renta en las empresas del sector Inmobiliario en Lima Sur, año 2018”, tiene como objetivo explicar a las empresas del sector inmobiliario acerca de los arrendamientos y sus definiciones fundamentales, así como también las incidencias en los estados financieros y en el impuesto a la renta.
La globalización trae consigo diversos cambios en las empresas, es por ello que existe una preparación constante de los profesionales, para adaptarse a los cambios sin que esto conlleve a desencadenar impactos en la actividad principal de una organización. Las normas internacionales de información financiera se van actualizando, generándose la emisión de una nueva norma y las empresas cuentan con un plazo para ejecutar la aplicación de las nuevas normas, debido a que cada cambio es por una cuestión de mejora en la información a revelar.
El trabajo de investigación se encuentra distribuido en cinco capítulos, en el Capítulo I Marco teórico, se realizó una investigación de la información principal, a manera general acerca de las NIIF´s y de forma detallada acerca de la NIIF 16, en donde se desarrolló los conceptos de definiciones, antecedentes, objetivo, alcance, reconocimiento, medición, presentación e información a revelar, Así como también la incidencia en los Estados Financieros y en el Impuesto a la Renta. En el Capítulo II denominado Plan de investigación, se establece la situación problemática del trabajo de investigación, determinado por el Estado de la Cuestión, el problema general, los problemas específicos, el objetivo general, objetivos específicos, la hipótesis general e hipótesis específicas. En el Capítulo III Metodología de la investigación, se precisó el tipo de investigación y el diseño de la investigación, así como también se determinó la población, la muestra para las investigaciones cualitativas, cuantitativas y el instrumento de recolección de datos a utilizar. En el Capítulo IV se realizó el Desarrollo de la Investigación, donde se aplicó los instrumentos en la investigación a través de la entrevista a profundidad, cuestionario y el desarrollo del caso práctico, por último, en el capítulo V se procedió a realizar el análisis de los resultados de la investigación.This research work denominated “IFRS 16 Leases and its incidence on the Financial Statements and Income Tax in companies of the Real-Estate sector in South Lima, year 2018”, whose aim is to explain to companies in the real-estate industry about leases and their fundamental definitions, as well as the impact on financial statements and income tax. Globalization brings several changes in companies, which is why there is a constant preparation of professionals, to adapt to the changes without this leading to trigger impacts on the main activity of an organization. International financial reporting standards are updated, generating the issuance of a new standard and companies have a deadline to implement the application of the new standards, because each change is due to a matter of improvement in the information to be disclosed. The research work is distributed in five chapters, in Chapter I Theoretical framework, an investigation of the main information was carried out, generally about IFRSs and in detail about IFRS 16, where the concepts of definitions, background, objective, scope, recognition, measurement, presentation and information to be disclosed, as well as the impact on the Financial Statements and the Income Tax. In Chapter II denominated the Research Plan, the problematic situation of the research work is established, determined by the State of the Question, the general problem, the specific problems, the general objective, specific objectives, the general hypothesis and specific hypotheses. In Chapter III Research methodology, the type of research and research design was specified, as well as the population, the sample for qualitative, quantitative research and the data collection instrument to be used. In Chapter IV the Research Development was carried out, where the instruments were applied in the investigation through the in-depth interview, questionnaire and the development of the practical case, finally in Chapter V, the analysis of the results of the investigation was carried out.
Tesis
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McMurray, John P. (John Patrick) 1958, and Samuel M. 1970 Mundel. "Real estate lease-backed securities." Thesis, Massachusetts Institute of Technology, 1997. http://hdl.handle.net/1721.1/9872.
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Thesis (S.M.)--Massachusetts Institute of Technology, Dept. of Urban Studies and Planning, 1997."September 1997."
Includes bibliographical references (leaves 83-84).
by John P. McMurray and Samuel M. Mundel.
S.M.
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Boyer, Nathan R. (Nathan Roger). "General Services Administration lease procurement : opportunities and challenges." Thesis, Massachusetts Institute of Technology, 2009. http://hdl.handle.net/1721.1/54849.
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Thesis (S.M.)--Massachusetts Institute of Technology, Program in Real Estate Development in Conjunction with the Center for Real Estate , 2009.This electronic version was submitted by the student author. The certified thesis is available in the Institute Archives and Special Collections.
"September 2009." Cataloged from student submitted PDF version of thesis.
Includes bibliographical references (p. 64-65).
In 2009's fragile real estate market, many developers are looking for safe investments for their invested capital. Developers are looking to the federal government, specifically the General Services Administration, for growth and safety. The General Services Administration (GSA) is the contracting body of the U.S. federal government. It is the nation's largest public real estate organization. It leases space from private developers in over 7,100 facilities across the United States comprising office buildings, border patrol stations, courthouses, warehouses, clinics, post offices and many other uses. The GSA pays over $4.6 billion in rent to landlords annually on nearly 181 million square feet of space. GSA is authorized by law to acquire, manage, utilize, and dispose of real property for most federal agencies. The thesis is primarily based on interviews conducted with industry professionals: developers, financiers, brokers, and GSA contracting officials. It looks at the opportunities and challenges of working with the General Services Administration on new lease construction build-to-suits. It focuses on four areas; 1) the lease procurement process; 2) opportunities for new procurements in 2009's market; 3) developer financed new lease construction build-to-suit projects; and 4) opportunities and challenges of financing projects in 2009's credit crunch.
by Nathan R. Boyer.
S.M.
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Canon, Timothy R. (Timothy Robert), and Christina A. Fenbert. "The future of lease accounting and its impact on corporate real estate decisions." Thesis, Massachusetts Institute of Technology, 2011. http://hdl.handle.net/1721.1/68193.
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Thesis (S.M. in Real Estate Development)--Massachusetts Institute of Technology, Program in Real Estate Development in Conjunction with the Center for Real Estate, 2011.This electronic version was submitted by the student author. The certified thesis is available in the Institute Archives and Special Collections.
Cataloged from student-submitted PDF version of thesis.
Includes bibliographical references (p. 91-94).
This thesis explores the likely impacts the proposed changes to lease accounting would have on corporate real estate decisions. The Financial Accounting Standards Board (SFASB) and the International Accounting Standards Board (IASB) plan to establish a unified set of principle-based accounting systems into a unified set of principle-based standards in an effort to improve financial transparency and comparability across world markets. One component of this plan, centered on reform of current lease accounting standards, would eliminate the distinction between capital and operating leases and require almost all leases to be recognized as an asset and liability on the balance sheet. This represents a significant departure from the current accounting guidance under Generally Accepted Accounting Principles (GAAP), which requires American companies are only required to disclose only limited information about future operating lease requirements in the footnotes of financial statements. What's more, empirical evidence suggests that many companies structure leases to obtain this type of offbalance- sheet financing that operating leases afford. For companies with relatively large operating lease portfolios, the new accounting standards would have a significant impact on their balance sheets. If these companies consider accounting treatment in their real estate decisions, they may be inclined to pursue alternative real estate strategies to mitigate this impact. That being said, the corporate real estate decision-making process is complex; therefore any strategy aimed at achieving a specific accounting treatment must consider other relevant and potentially more important factors. This study analyzes the proposed changes to lease accounting and explores how corporate real estate managers consider the effects of accounting in their real estate decisions. Specific hypotheses are tested through targeted interviews with a diverse group of public and private tenants and landlords to identify the variables that would determine a particular company's incentive to change its real estate strategy in response to new accounting guidelines. Results of interviews are discussed and predictions are made regarding the future of real estate leasing strategies.
by Timothy R. Canon and Christina A. Fenbert.
S.M.in Real Estate Development
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Ferreira, Pedro Manuel Costa dos Reis. "Corporate real estate strategies - a multinational approach." Master's thesis, NSBE - UNL, 2010. http://hdl.handle.net/10362/10298.
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A Work Project, presented as part of the requirements for the Award of a Masters Degree in Management from the NOVA – School of Business and EconomicsCRE strategies have proved to contribute to the creation of competitive advantages by integrating corporate value and the organizational culture across multi-locations. CRE strategies also facilitate attracting and retaining best talent. Through a qualitative research method of case study, this paper examines the impact of changes in the CRE strategies of McDonald’s and Hewlett Packard, both companies being multinational firms that represent the two main segments of CRE: retail and offices. Findings indicate that the changed strategies have provided for increased revenue and higher shareholder value in the case of McDonald’s and enhanced space utilization, comfortable working environment and a global design standard for all offices and workstations of HP. The study also analyzes the option of selling and leasing back CRE assets against owning them.
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Poirier, Jodie Copp. "Female leaders in commercial real estate : to the women following in their footsteps." Thesis, Massachusetts Institute of Technology, 2009. http://hdl.handle.net/1721.1/54861.
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Thesis (S.M.)--Massachusetts Institute of Technology, Program in Real Estate Development in Conjunction with the Center for Real Estate, 2009.This electronic version was submitted by the student author. The certified thesis is available in the Institute Archives and Special Collections.
Cataloged from student submitted PDF version of thesis.
Includes bibliographical references (p. 71-73).
Within commercial real estate, women are not as likely as men to achieve senior-level executive positions. Commercial real estate has been slow to change in terms of achieving gender parity, and though improvements have been made in the status of women in leadership positions, gender-based disparity still exists. The purpose of this study is to shed more light on the facilitators and barriers to career advancement of women in commercial real estate who have achieved top-level leadership positions. Thirteen women holding senior-level management positions in the commercial real estate industry were interviewed regarding facilitators to career advancement and notable barriers, the role of mentors, and work-life balance issues. What route did these women take to the top and what did they encounter along the way? Each story told involved some combination of diligent work, the pursuit of opportunities, and the will to succeed. The results from this study supported much of the research that has been done on this topic. Gender barriers, biases, and stereotypes were met along the way, but these women succeeded in spite of these barriers. The women attribute their success to facilitators of career advancement such as a strong work ethic, relationship building and risk-taking. While this thesis shed light on the careers of women in commercial real estate, it also raises at least two questions. How similar are the career paths of women and men in commercial real estate in terms of facilitators and barriers to advancement? Does the glass ceiling appear thin or non-existent once female executives are above it?
by Jodie Copp Poirier.
S.M.
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Netzell, Olof. "Essays on lease and property valuation." Doctoral thesis, KTH, Bygg- och fastighetsekonomi, 2010. http://urn.kb.se/resolve?urn=urn:nbn:se:kth:diva-26801.
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The first two papers in this dissertation discuss a fairly recently developed research field, Space Syntax, and how the findings in this field may be used to understand spatial economic patterns such as geographic distribution of market rents. Both papers use standard econometric methods to investigate the relationship between rents and the so called integration value developed within Space Syntax. The integration value may be understood as a measure of the accessibility of a certain location in a street network. The measure is constructed using tools from graph theory and uses the shape of the street network as its only input. The papers estimate hedonic models of office and retail leases from central Stockholm to test whether the integration value can help explain rents. A statistically significant effect of integration value on both office and retail rent is found. It appears as if Space Syntax adds important information to the understanding of intraurban rent patterns. Illiquidity is a main feature of most property markets and market participants are therefore directed to property appraisals to obtain information about market values. The reliability of property appraisals is therefore an important research topic. The third paper studies the “rationality” of valuations by testing if capitalisation (cap) rates from individual discounted cash-flow (DCF) valuations are consistent with economic theory. Standard econometrics is used to study the variation in cap rates. For the most part the results support the hypothesis that appraisers are “rational” in the above mentioned sense. Illiquidity of direct property also poses a problem when constructing property price indices. Lack of price observations and heterogeneity among the few observations available is likely to introduce noise in price indices based on transactions. Valuations are therefore often used instead to construct indices. These indices however suffer from a bias due to so called “appraisal smoothing”. In the fourth paper it is shown that, given certain assumptions, one may filter out noise in a transaction-based price index by regressing it on a valuation-based index (contemporaneous and lagged one period). The procedure may in some circumstances improve pure valuation- or transaction-based indices.QC 20101201
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Seidler, Harriet. "Real estate developers and child care centers : loss leader or competitive tool?" Thesis, Massachusetts Institute of Technology, 1988. http://hdl.handle.net/1721.1/77519.
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Bleppony, Ruby. "LEASE VERSUS BUY DECISION OF REAL ESTATE FOR FOREIGN DIPLOMATIC MISSIONS IN STOCKHOM, SWEDEN." Thesis, KTH, Fastigheter och byggande, 2015. http://urn.kb.se/resolve?urn=urn:nbn:se:kth:diva-175847.
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Rosén, Johan. "The Effects of IFRS Lease Accounting Project on the Swedish Commercial Real Estate Market : A qualitative study of the latest developments in IASB’s Leasing project." Thesis, KTH, Fastigheter och byggande, 2012. http://urn.kb.se/resolve?urn=urn:nbn:se:kth:diva-102312.
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Today problems exist with how the leases are recognized in public companies that uses the IFRS. The liability to make lease payments is not recognized as a liability in the balance sheet even though it should according to the current lease accounting standard. There are two different classifications of leases, financial and operational, where the latter means that the liability to make lease payment does not end up in the balance sheet. Today many lease contracts are tailored to be classified as operational to avoid the liability on the balance sheet. The problem described above has for long been known and the international accounting organisations, IASB and FASB, have been working on a solution to the problem for many years. The project’s completion in form of a new standard has been postponed several times and it is currently scheduled for the earliest to entry into service during 2013. This thesis aims at investigating the IASB’s and FASB’s joint project to solve the lease accounting problem and its effects on the Swedish commercial real estate market. The approach adopted in this thesis is to examine the available literature about the problem and the project and to conduct interviews with expert in the field and possible future stakeholder that will be affected. The conclusions of the thesis are that the effects due to the project will mainly be for the lessee and then indirectly for the lessor. The lessees will try to find solutions like shorter leases to avoid the biggest effects of the new standard but to what extent they will avoid these remains uncertain. The lessor will most likely see a higher demand for shorter leases that will increase the risk in the lessors business. This will probably cause higher rental prices for listed companies.
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Crockett, Braden R. "The Impact of Tenants Default Risk and Transactional Variables on Value: An Empirical Model of Single Tenant Net Leased Retail Assets." Scholarship @ Claremont, 2015. http://scholarship.claremont.edu/cmc_theses/1055.
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I present an empirical model that is based upon the findings of both the conceptual and empirical models of previous research. I first control for independent property, location, macroeconomic and capital market specific variables on the dependent variables that takes on the form of both the cap rate and sales price. Next I introduce two new variables that represent the transaction constraint and the default risk of the tenant. I find that the variable market which represents the time an individual property is on the market is statistically significant and has a negative coefficient of when regressed on sales price and a positive coefficient when regressed on the cap rate. When the market variable is further broken into bins, I found that the time on the market does not negatively impact a property unless it is in fact on the market for over 2 years. When the variable representing a tenant’s default risk is regressed on the cap rate I found the tenants probability of default to be statistically significant with a negative coefficient. This result is counter intuitive and most likely represents the data set being controlled for investment grade credit rated tenants.
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He, Denton(Denton Xiang). "Distribution and replenishment optimization between locations of high and low real estate cost." Thesis, Massachusetts Institute of Technology, 2020. https://hdl.handle.net/1721.1/126902.
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Thesis: M.B.A., Massachusetts Institute of Technology, Sloan School of Management, in conjunction with the Leaders for Global Operations Program at MIT, May, 2020Thesis: S.M., Massachusetts Institute of Technology, Department of Mechanical Engineering, in conjunction with the Leaders for Global Operations Program at MIT, May, 2020
Cataloged from the official PDF of thesis.
Includes bibliographical references (pages 72-73).
As companies expand and innovate, it is sometimes prudent to be conservative when incorporating new products and technologies. Instead of constructing buildings to store new products, firms may look to optimize re-allocation of space within existing facilities to fit more products and save on one-time capital outlay. In this research, the Distribution Center (which also picks and packs products according to incoming orders) is looking to optimize utilization of offsite storage (and transportation) costs in the face of growing product demand. The DC is situated in a region of High Real Estate cost, and there is potential to increase utilization of offsite leased storage at Low Real Estate cost areas. To investigate potential changes, research will be divided into two parts: Part One looks to optimize product storage within the current Distribution Center and Offsite Warehouse network, by developing a model that incorporates product demand, product sizes and replenishment frequency. Part Two utilizes the built model to investigate alternative offsite solutions, taking into consideration Real Estate costs, transportation frequency and other factors. Previous research papers have looked at the two parts separately, whilst this research aims to link the two parts together. Finally, a simple and easy to use decision-support tool was developed that allows users to periodically review and adjust product allocation based on product information, demand and Real Estate costs.
by Denton He.
M.B.A.
S.M.
M.B.A. Massachusetts Institute of Technology, Sloan School of Management
S.M. Massachusetts Institute of Technology, Department of Mechanical Engineering
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Burga, Campos Esteban, Salas Kenneth Orlando Escalante, Cruz Elizabeth Giulianna Hinostroza, and López Richard Salazar. "Fideicomiso de titulización para Inversión en Renta en Bienes Raíces “Fibra”." Master's thesis, Universidad Peruana de Ciencias Aplicadas (UPC), 2019. http://hdl.handle.net/10757/626427.
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En el Perú se ha observado una desaceleración económica que ha afectado el crecimiento del sector construcción, si a esto sumamos la falta de gestión para proyectos de infraestructura por la falta de capacidad de las autoridades de turno, esta desaceleración del país ha afectado el sector público como privado generado por escándalos de corrupción en el país. A pesar de este clima adverso, el país mantiene una economía estable y una proyección de crecimiento positivo.
Para el gobierno es muy importante impulsar el crecimiento económico a través del desarrollo de infraestructura y la generación de inversión, por ello ha creado una serie de medidas que generan nuevas formas de inversión inmobiliaria a través del mercado bursátil. Es así que desde el año 2016 ha venido publicando una serie de normas que crean y regulan los Fideicomisos de Titulización para Inversión en Renta de Bienes Raíces (FIBRA), que en otros países son conocidos como REITs.
Con el desarrollo de este trabajo de investigación daremos a conocer esta nueva forma de financiamiento alternativo para inversión en bienes inmobiliarios denominado FIBRA, el cual democratiza el sector inmobiliario, además de ofrecer una serie de beneficios tributarios para inversionistas y para los propietarios de los inmuebles, quienes podrán convertir su predio en un activo líquido y diversificar su inversión.In Peru, there has been an economic slowdown that has affected the growth of the construction sector, if we add to this the lack of management for infrastructure projects due to the lack of capacity of the authorities on duty, this slowdown in the country has affected the public sector as private generated by corruption scandals in the country. Despite this adverse climate, the country maintains a stable economy and a positive growth projection. It is very important for the government to boost economic growth through infrastructure development and investment generation, which is why it has created a series of measures that generate new forms of real estate investment through the stock market. Thus, since 2016, it has been publishing a series of regulations that create and regulate the Securitization Trusts for Real Estate Investment Investment (FIBRA), which in other countries are known as REITs. With the development of this research work we will announce this new form of alternative financing for real estate investment called FIBRA, which democratizes the real estate sector, in addition to offering a series of tax benefits for investors and for property owners, who can convert their property into a liquid asset and diversify their investment.
Trabajo de investigación
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Hutchinson, Jeffrey E. (Jeffrey Ernest) 1970. "Master lease & leaseback of government owned real estate : a model for a fixed income investment product." Thesis, Massachusetts Institute of Technology, 2003. http://hdl.handle.net/1721.1/29961.
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Thesis (S.M. in Real Estate Development)--Massachusetts Institute of Technology, Dept. of Urban Studies and Planning, 2003.Includes bibliographical references (leaf 51).
Throughout the United States, significant taxpayer capital is unnecessarily tied up in the ownership of state and municipal government buildings. Today, multiple state and municipal governments face record budget deficits, and are struggling to find ways to raise revenues and decrease annual operating costs in order to close these budget gaps. At the same time, substantial amounts of investor capital from both public and institutional funds, as well as private investors, sits idle, as there is a lack of opportunity for safe, moderate-return long-term investments in today's markets. This thesis investigates the benefits and drawbacks to an investment structure, similar to the commonly used corporate sale-leaseback, that can be used to free capital that is tied up in existing government-owned real estate, while allowing governments to retain long-term ownership of these assets. It also presents the methodology for syndicating these investments into rate-able fixed income products, similar to municipal bonds or CMBS. These investments and the associated participation instruments create arbitrage opportunities for underwriters and syndicators of Government Lease Backed investments, and generate capital flows in the tens of billions of dollars. The models presented may be applied to federal, state and municipal government assets alike. However, this thesis focuses on the application of the models to assets owned by the State of California, as it currently has one of the most significant budget crises in the country, as well as the largest state-owned real estate portfolio.
by Jeffrey E. Hutchinson.
S.M.
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Vencálková, Ludmila. "Analýza realitního trhu v ČR a ve Francii se zaměřením na rezidenční objekty." Master's thesis, Vysoké učení technické v Brně. Ústav soudního inženýrství, 2017. http://www.nusl.cz/ntk/nusl-367504.
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This diploma thesis deals with the analysis of the real estate market in the Czech Republic and France with a focus on residential buildings, namely sale and rental of flats. The diploma thesis describes the basic concepts and methods used in real estate valuation in the Czech Republic and France. It also analysis database creation and market segmentation of selected localities. Consequently, both real estate markets will be compared.
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Lindqvist, Rut, and Marcus Privén. "Mäklarpappan - En kvalitativ studie om vilka faktorer som påverkar manliga mäklare i valet att ta ut pappaledighet." Thesis, Malmö universitet, Fakulteten för kultur och samhälle (KS), 2020. http://urn.kb.se/resolve?urn=urn:nbn:se:mau:diva-23963.
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Studien har som syfte att undersöka vilka faktorer fastighetsmäklare anser påverka valet att ta ut pappaledighet och vilken roll organisationskulturen har i detta. Målet med studien är att svara på följande frågor:●Vilka faktorer anger pappor i fastighetsmäklarbranschen som avgörande för valet att ta ut pappaledighet?●Vilken roll spelar organisationskulturen?Studiens resultat har baserats på sex kvalitativa, semistrukturerade, intervjuer med fastighetsmäklare som antingen ska, är eller har varit pappalediga. Som teoretiskt ramverk användes främst Scheins tre nivåer av organisationskultur samt vetenskapliga publikationer som kopplade organisationskultur med pappaledighet och föräldraledighet. Resultatet visar på att inslag i organisationskulturen i mäklarbranschen är ett hinder som behöver hanteras för att främja jämställdhet på arbetsplatsen gällande föräldraledighet. Det krävs fördjupade studier sett till vilka åtgärder mäklarföretag bör vidta för att påverka förväntningarna kring mäklarnas ständiga tillgänglighet och att förändra bilden av idealmäklaren.The purpose of this study is to examine which factors real estate agents consider to influence them in the choice of taking paternity leave and what role organizational culture has. The aim of the study is to answer following questions:●Which factors fathers specify within the real estate brokerage industry as crucial in the choice of taking paternity leave?●What role does organizational culture play?The result of the study is based on six qualitative, semi-structured interviews with brokers who either will, are, or have been on paternity leave. As theoretical framework Schein's three levels of organizational culture was mainly used followed by scientific publications that linked organizational culture with paternity leave and parental leave. The result show that organizational culture within the real estate brokerage industry is an obstacle that needs to be developed to encourage equality regarding parental leave in the workplace. In-depth studies seems required as to what actions real estate companies need to take to influence broker’s constant availability and change the image of the ideal broker.
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Aguilar, Ruiz Juan Patricio. "La relación entre el uso de las herramientas de marketing digital y la captación de leads en el sector de bienes raíces." Bachelor's thesis, Universidad Peruana de Ciencias Aplicadas (UPC), 2019. http://hdl.handle.net/10757/652105.
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La presente investigación buscará determinar la relación entre el uso de las herramientas de marketing digital y la captación de leads en el sector de bienes raíces entre hombres y mujeres entre los 26 y 45 años de edad de los niveles socioeconómicos A y B de Lima Metropolitana. Dada la relevancia que ha adquirido internet en los últimos años como canal de promoción y venta y la concentración de oferta inmobiliaria en el espacio digital, es importarte comprender la eficacia de la implementación de las herramientas de marketing digital y su relación con las plataformas actuales para poder complementar de manera eficiente una estrategia tradicional que permita potenciar la captación de leads e influir positivamente en la decisión de compra final del bien inmueble
Entre los principales resultados del estudio, se pude concluir que, actualmente, los usuarios digitales, están en su mayoría en la búsqueda de un bien inmueble en los próximos años. Están familiarizados con plataformas digitales, la mecánica del sector inmobiliario para obtener información de calidad de sus potenciales clientes y están dispuestos a brindar datos personales vía canales digitales. Dentro de este contexto, se pudo determinar que la implementación de herramientas digitales dentro de la estrategia de marketing de las organizaciones de bienes raíces impacta directamente en la captación de leads. Por ello, es de vital importancia conocer la relación entre estas herramientas y los usuarios digitales para elaborar una estrategia integral online de alto impacto.This research will seek to determine the relationship between the use of digital marketing tools and lead acquisition in the real estate sector between men and women between the ages of 26 and 45 of socioeconomic levels A and B of Metropolitan Lima. Given the relevance that internet has acquired in recent years as a promotion and sales channel and the concentration of real estate offer in the digital space, it is important to understand the effectiveness of the implementation of digital marketing tools and their relationship with current platforms for be able to efficiently complement a traditional strategy that allows to enhance lead acquisition and positively influence the final purchase decision of the real estate. Among the main results of the study, it can be concluded that, currently, digital users are mostly in the search for real estate in the coming years. They are familiar with digital platforms, real estate mechanics to obtain quality information from their potential clients and are willing to provide personal data via digital channels. Within this context, it was determined that the implementation of digital tools within the marketing strategy of real estate organizations directly impacts lead acquisition. Therefore, it is vital to know the relationship between these tools and digital users to develop a comprehensive online strategy of high impact.
Trabajo de investigación
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Hayder, Bourguiba Neil. "Avyttringar av kommunala fastigheter, vilka fastigheter säljer kommunen och vilka konsekvenser kan det få?" Thesis, KTH, Fastigheter och byggande, 2020. http://urn.kb.se/resolve?urn=urn:nbn:se:kth:diva-280793.
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Detta arbete analyserar Uppsala och Göteborgs kommunala fastighetsförsäljningar och konsekvenserna som dessa försäljningar kan ha för kommunerna. Uppsala och Göteborgs kommun har båda låga självfinansieringsgrader och därför är ett av deras mål att öka denna. För att kunna uppnå målet kommer de båda kommunerna att genomföra försäljningar av kommunala fastigheter. De fastigheter som kommunerna har bestämt att avyttra är övervägande kommersiella fastigheter men även en del samhällsfastigheter.Uppsala avser att sälja större strategiska fastigheter som innehåller köpcentrum medan Göteborg säljer icke sammanhängande fastigheter som inte anses vara strategiska. Uppsalas försäljning är tre gånger större än Göteborgs sett till yta, och kvadratmeterpriset är högre.Därför får Uppsala in cirka fem gånger högre intäkter än Göteborg. Dessa försäljningar kan få olika tänkbara konsekvenser för kommunerna beroende på vilken typ av fastighet som säljs. Vid försäljningen av kommersiella fastigheter kan mervärdet väl uppväga risken. I Uppsalas fall säljs stora och viktiga fastigheter som är delar av kommunens nysatsning. Om fastigheterna köps och förvaltas av rätt aktör kan fastigheterna lyfta attraktiviteten i hela kommunen.Dessutom ökar konkurrensen på marknaden och det frigörs tid som kommunen kan göra annat med.Göteborg säljer mindre, icke strategiska fastigheter och uppsidan för kommunen är inte lika stor som för Uppsala, men de tar betydligt mindre risk och en svag köpare skulle inte påverka kommunen lika negativt som i Uppsalas fall. Negativa effekter som denna försäljning kan ha är förlorade stordriftsfördelar då fastigheten byter ägare. Kommunerna förlorar även kontroll över fastigheterna i och med ägarbytet. När det gäller samhällsfastigheterna så skulle ett gynnsamt upplägg vara att de säljs men att kommunen sedan hyr tillbaka dem. Då får kommunen in kapital och andra positiva effekter kan uppstå såsom ökad flexibilitet och lägre hyror. Transaktionens utfall beror helt och hållet på avtalets utformning. Det är därför av största vikt att kommunen är noggrann när den skriver avtal.This work analyzes Uppsala and Gothenburg's municipal property sales and the consequences that these sales may have for the municipalities. The municipalities of Uppsala and Gothenburg both have low self-financing rates and therefore one of their goals is to increase this. In order to achieve the goal, the two municipalities will carry out sales of municipal properties. The properties that the municipalities have decided to sell are predominantly commercial properties but also some community properties. Uppsala intends to sell larger strategic properties that contain shopping centers, while Gothenburg sells non-contiguous properties that are not considered strategic. Uppsala's sales are three times larger than Gothenburg's in terms of area, and the price per square meter is higher. Therefore, Uppsala receives about five times higher revenues than Gothenburg. These sales can have different possible consequences for the municipalities depending on the type of property being sold. When selling commercial properties, the added value may well outweigh the risk. In Uppsala's case, large and important properties are sold that are part of the municipality's new investment. If the properties are bought and managed by the right player, the properties can raise the attractiveness of the entire municipality. In addition, competition in the market increases and time is freed up that the municipality can do other things with. Gothenburg sells smaller, non-strategic properties and the upside for the municipality is not as great as for Uppsala, but they take significantly less risk and a weak buyer would not affect the municipality as negatively as in Uppsala's case. Negative effects that this sale can have are lost economies of scale when the property changes owners. The municipalities also lose control of the properties as a result of the change of ownership. When it comes to community properties, a favorable arrangement would be that they are sold but that the municipality then rents them back. Then the municipality receives capital and other positive effects can arise such as increased flexibility and lower rents. The outcome of the transaction depends entirely on the design of the agreement. It is therefore of the utmost importance that the municipality is careful when writing agreements.
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Suiter, Emily E. "The effect of education on employee turnover of apartment leasing consultants." Virtual Press, 2002. http://liblink.bsu.edu/uhtbin/catkey/1237763.
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This exploratory study examined the impact of company-provided training on the turnover rate of full-time leasing consultants in the apartment management industry. A national survey was conducted using the Institute of Real Estate Management (IREM) directory of Accredited Management Organization (AMO) companies.The survey was mailed to the 419 AMO companies that employ leasing consultants. with a response rate of 69 surveys. A statistically significant correlation was shown between the True Turnover Rate and the provision of education for leasing consultants. The three significant variables that appeared to reduce turnover included 1) tuition reimbursement at up to 50%, 2) tuition reimbursement at 51%-100%, and 3) number of hours of training per year provided. Other trends were found in this exploratory study.Department of Family and Consumer Sciences
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Portová, Nikola. "Nájemné bytu a faktory, které je ovlivňují ve vybraných lokalitách v Brně." Master's thesis, Vysoké učení technické v Brně. Ústav soudního inženýrství, 2015. http://www.nusl.cz/ntk/nusl-233184.
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This diploma thesis describes the actual market of rental housing in a selected location of Brno. In the begining of the work describes the general view on the rental housing, then it compares the amount of usual rent in particular categories and catastral areas. Next it evaluates which factors have an impact on the amount of rent. The research of the market was made in four categories according to the floor space and disposition. In the conclusion all of the details are compared and described both text and graphic.
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Kellnerová, Sabina. "Nájemné bytu a faktory, které je ovlivňují ve vybraných lokalitách města Brna." Master's thesis, Vysoké učení technické v Brně. Ústav soudního inženýrství, 2019. http://www.nusl.cz/ntk/nusl-399592.
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The diploma thesis describes the current situation on the rental housing market in selected city parts of the Statutory City of Brno and describes and evaluates the basic factors that influence the rental price. Part of the thesis is a market research in four different locations in Brno, namely Žabovřesky, Bystrc, Líšeň and Bohunice. Market research is conducted for different layouts of apartments, namely 1+1 and 1+kk, 2+1 and 2+kk, 3+1 and 3+kk. All collected data are compared and described in text and graphics. In order to compare the rental market with foreign countries, the thesis also includes a market survey in Bratislava, specifically in the district of Petržalka.
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Ödmark, Victoria. "Samhällsfastigheter som investeringstrend : Hur kan priset motiveras utifrån det man vet om framtida kassaflöden?" Thesis, KTH, Bygg- och fastighetsekonomi, 2012. http://urn.kb.se/resolve?urn=urn:nbn:se:kth:diva-96570.
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Det finns idag en trend i viljan att investera i samhällsfastigheter, det vill säga fastigheter där olika typer av samhällsservice bedrivs. Fördelen med denna typ av investeringar är att ägarna kan teckna långa hyresavtal med kommuner, landsting och staten som hyresgäst, vilket ger säkra kassaflöden i och med låg vakansrisk. Investeringsmarknaden för samhällsfastigheter är relativt ny för privata aktörer då dessa fastigheter tidigare ägdes i princip uteslutande av kommun och landsting, men som idag av olika anledningar valt att sälja och istället hyra tillbaka fastigheten av specialiserade fastighetsägare. Studien syftar till att identifiera de osäkerheter/risker som existerar vid investeringar i samt förvaltande av samhällsfastigheter och främst vårdfastigheter i Sverige. Genom att intervjua aktörer som deltagit i tre studerade transaktioner av vårdfastigheter från 2011 har en investeringskalkyl samt en känslighetsanalys utformats och legat till grund för de slutsatser som dragits. Att investera i samhällsfastigheter har visat sig vara en relativt stabil och säker investering, då de långa kontraktens driftnetton bidrar till att investeringen kan räknas hem redan under första kontraktstiden. Dock med antagande om att inga oväntade kostnader uppstår. De största riskerna som föreligger gällande dessa fastigheter är restvärdesrisk på grund av svår alternativanvändning för dessa hyresgästanpassade byggnader, teknisk risk då fastigheterna behöver upprätthålla standard och viktiga funktioner samt politisk/jurisdisk risk där förändring i demografi, miljölagar, regleringar och krav påverkar samhällsfastigheters utveckling. Företagen som investerar i samhällsfastigheter är vanligtvis inriktade på denna typ av investering, vilket genom ökad kompetens inom området bidrar till en bra och långsiktig relation med hyresgästerna. Vidare har de inblandade aktörer en tämligen homogen syn på ansvarsfördelningar, kontraktsuppbyggnad och så vidare. Dessutom visar den demografiska utvecklingen i landet på en stor efterfrågan på samhällsfastigheter i framtiden och framför allt på vård- och omsorgsboenden.There is currently a trend in the willingness to invest in public property, i.e. properties where different types of community services are provided. The advantage of this type of investment is that owners can sign long leases with tenants such as municipalities, counties and the state, providing secure cash flows and low vacancy risk. The investment market for public properties is relatively new to private operators as these properties have previously been owned almost exclusively by the municipality and county. Today, for various reasons, the municipalities and counties have decided to sell their properties and rent them back from specialized property owners. The study aims to identify the uncertainties/risks that are associated with investment and management of public properties, with a special focus on care properties in Sweden. An investment calculation and a sensitivity analysis were made through studies of three care property transactions in 2011 and interviews with the participating actors. The calculation and analysis have been the basis for the conclusions drawn. Investing in public real estate has proven to be a relatively stable and safe investment. The net operating income of the long leases that contribute to the investment could be considered as being paid back during the first contract period, assuming that no unexpected costs arise. The main risks that exist in these properties is salvage value risk due to severe alternative use for these tenant adjusted buildings, technical risk as the properties need to maintain standard and essential functions and at last political/legal risk where changes in demography, environmental laws, regulations and requirements affect public property development. Companies that invest in public real estate are usually focused on this type of investment, which through enhanced capabilities in the area contributes to a good and long-term relationship with tenants. Furthermore, the players involved have a rather homogeneous view of delegation of responsibility, contract structure and so on. Moreover, the demographic development in the country shows a high demand for public buildings in the future and especially in nursing and care homes.
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Switlyk, Michael. "The economic standing of the partnership companies which lease agricultural real estate from the agricultural property agency of the state treasury in Gorzów Voivodeship in 1996 and 1997." Universität Potsdam, 1999. http://opus.kobv.de/ubp/volltexte/2011/4885/.
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The aim of the work was to present the results of the analyses economic standing of the partnership companies which lease agricultural real estate from Agricultural Property Agency of State Treasury (APA) in 1996 and 1997. The analyses proved poor economic condition of the firms under investigation and especially their low level of stabilisation (the index of total debt was in 1996 equal to 0.88 and in 1997 to 0.96) and the low level of their solvency.
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He, William, and Josef Kahn. "Varför lämnar man fastighetsmäklaryrket? : En studie om varför tidigare mäklarstudenter lämnar yrket och vad de gör idag." Thesis, KTH, Fastighetsföretagande och finansiella system, 2021. http://urn.kb.se/resolve?urn=urn:nbn:se:kth:diva-296617.
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Bakgrund: Fastighetsmäklare är en yrkesroll som förmedlar fastighetstjänster. Som en registrerad fastighetsmäklare är innehas behörig till att förmedla kommersiella lokaler, bostadsrätter, villor och tomträtter. För att bli en registrerad fastighetsmäklare i Sverige krävs en utbildning inom fastigheter om två till tre år samt en praktik på tio veckor. Problemet som den här studien kommer se mer specifikt på är faktumet att det är fastighetsmäklare som väljer att lämna sitt yrke och göra någonting annat, detta trots den tid och ansträngning som krävs för att bli en. Syfte: Syftet med detta arbete är att kartlägga och utforska vad Kungliga Tekniska Högskolan examinerade studenter inom programmet Fastighetsutveckling med Fastighetsförmedling gör efter examen, om de är fastighetsmäklare i dagsläget eller om de valt att ta en annan riktning. Denna kartläggning görs genom att undersöka dess bakomliggande faktorer. Metod: Med hjälp av intervjuer har kunskap inom de centrala begreppen bearbetats. Dessa intervjuer har gjorts med examinerade studenter från Kungliga Tekniska högskolan. Teori: Trots att vägen till att bli registrerad fastighetsmäklare är lång och svår tenderar många att lämna tanken om att bli en fastighetsmäklare efter examen. Eventuella orsaker kan vara provisionen eller ohälsa. Analys: Genom att jämföra teorierna och intervjuerna, om varför en viss person tenderar att lämna yrket som fastighetsmäklare, fann vi att det är mer än provision och ohälsa som är skälen. Uppenbarligen finns det skäl som föräldraledighet, arbetstider och person job fit. Resultat och slutsats: Som ett resultat fann vi att anledningarna till varför en student lämnar fastighetsmäklaryrket beror främst på provision, ohälsa, föräldraledighet, arbetstid och person job fit. Det är mestadels en kombination av alla dessa snarare än enbart en enstaka. Även om studenten för närvarande inte är en fastighetsmäklare, arbetar denne fortfarande inom fastighets- och finansområdet. Sammanfattningsvis anser vi att det till största del beror på att skolan och fastighetsmäklarens respektive kontor inte förbereder studenten tillräckligt för yrket.Background: Real estate agents are people who provide real estate services. As a registered real estate agent you can mediate commercial facilities, condominiums, houses and land. To become a real estate agent in Sweden it requires an education within real estates that runs two to three years. The problem that this study is going to look more into is the fact that there are real estate agents who quit their jobs and do something else, regardless of the time and effort they have put into becoming one. Aim: The purpose of this work is to map and explore what the Royal Institute of Technology students in the program of Real Estate and Agency do after graduation, if they are Real Estate Brokers at present or if they have chosen to take a different path. This mapping is done by examining its underlying factors. Method: With help from conducted interviews knowledge has been gained within the central themes of the study. This has been made by graduates from the Royal Institute of Technology. Theory: Even though the path to become a registered real estate broker is long and hard, many people tend to leave the idea of becoming a real estate broker after graduation. The reasons might be the commission or ill health. Analysis: By comparing the theories and the interviews made, of why a certain person tends to leave the profession -real estate broker. We found that it is more than just commission and ill health as reasons, apparently, there are reasons such as parental leave, worktime, person job fit. Result and Conclusion: As a result, we found that the reasons why a student leaves the profession - real estate broker is mainly because of commission, ill health, parental leave, work times, and person job fit. It is mostly a combination of all these rather than one alone. And even if the student is currently not a real estate broker, he/she is still working in the area of real estate and finance. In conclusion, we think it mostly is because the school and the respective office of the real estate broker are not preparing the student enough for the profession.
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Stome, Martina. "Daňové aspekty nájmu a prodeje nemovitých věci." Master's thesis, Vysoká škola ekonomická v Praze, 2016. http://www.nusl.cz/ntk/nusl-206180.
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The diploma thesis Real Estate Lease and Purchase Tax Aspects is focused on taxing these business transactions regarding primarily the income tax and the value added tax. The diploma thesis is divided into two main areas. In the first part, lease and purchase contracts are explained with regards to the only criteria and focus, the Civil Code. In the second part, the taxpayers' rights and obligations are analyzed regarding the tax legislation. The process of purchasing, leasing, building works and the subsequent repurchase are described as regulated by both of the regulations mentioned above. In situations where the letter of law itself is ambiguous and predicaments arise, possible resolutions are presented.
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Helísková, Pavlína. "Nemovitost v podnikání z účetního a daňového hlediska." Master's thesis, Vysoká škola ekonomická v Praze, 2011. http://www.nusl.cz/ntk/nusl-151517.
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This thesis provides an overview of accounting and tax implications of immovable property in enterpreneurship. The topic is processed from the perspective of present Czech accounting and tax legislation. The attention is primarily paid to accounting and tax attributes of particular options of property acquisition, usage and decommissioning. It focuses especially on tax consequences of mentioned transactions. A lease financing is compared with traditional property ownership.
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Israelsson, Rasmus, and Vincent Lanner. "MOTIVERANDE LEDARBETEENDEN I FASTIGHETSMÄKLARBRANSCHEN : Ur ett ledarskapsperspektiv." Thesis, Högskolan i Gävle, Företagsekonomi, 2021. http://urn.kb.se/resolve?urn=urn:nbn:se:hig:diva-36168.
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Titel: MOTIVERANDE LEDARBETEENDEN I FASTIGHETSMÄKLARBRANSCHEN - Ur ett ledarskapsperspektiv Nivå: C-uppsats inom ämnet företagsekonomi Författare: Rasmus Israelsson & Vincent Lanner Handledare: Monika Wallmon Examinator: Svante Brunåker Datum: Juni 2021 Syfte: Syftet med denna studie är att undersöka hur motiverande ledarbeteenden tar sig uttryck inom specifika fastighetsmäklarföretag. Med fokus på målvägsteorin och intern konkurrens. Empiri: I den empiriska delen av uppsatsen presenteras en sammanställning av intervjusvaren, det vi ansåg vara mest väsentligt utifrån målvägsteorin framhävs. Metod: En kvalitativ metod användes för att genomföra studien. Semistrukturerade intervjuer användes vid genomförandet av de kvalitativa intervjuerna för att få mer utvecklade svar. 10 kontorschefer/franchisetagare intervjuades via zoom, telefon samt fysiska möten. Slutsats: Både intern konkurrens och målvägsteorin kan skapa motivation för medarbetare. Intern konkurrens är ett fenomen som kan styras med hjälp av målvägsteorin till en motivationsfaktor. Studiens bidrag: Tidigare forskning har främst fokuserat på fallstudier med inriktning på målvägsteorin. Denna studie har undersökt sambanden mellan målvägsteorin och intern konkurrens samt haft fokus på en bransch som tidigare inte studerats med målvägsteorin. Förslag till vidare forskning: Vidare forskning som rekommenderas är att även inkludera medarbetare i studien för att få ett bredare perspektiv på problemet. Nyckelord: intern konkurrens, motivation, ledare, fastighetsmäklare, målvägsteorinTitle: MOTIVATING LEADERSHIP BEHAVIORS IN THE REAL ESTATE AGENCY INDUSTRY - From a leadership perspective Level: C-thesis in the subject business administration Authors: Rasmus Israelsson & Vincent Lanner Supervisor: Monika Wallmon Examiner: Svante Brunåker Date: June 2021 Aim: The aim of this study is to investigate how motivating leadership behaviors are expressed within specific brokerage firms. Focus is on goal path theory and internal competition. Empirical data: In the empirical part of the essay, a compilation of the interview answers is presented, which we considered to be most important based on the path-goal theory. Method: A qualitative method was used to conduct the study. Conclusion: The conclusion is that internal competition and the path-goal theory can both create motivation for employees. Internal competition is a phenomenon that can be controlled with the help of the path-goal theory to a motivating factor. Contributions of the thesis: Previous research has mainly focused on case studies focusing on the path-goal theory. This study has examined the connections between the path-goal theory and internal competition and focused on an industry that has not previously been studied with the path-goal theory. Suggestions for further research: Further research that is recommended is to also include employees in the study in order to gain a broader perspective on the problem. Keywords: internal competition, motivation, leaders, real estate agent, path-goal theory
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Branchut, Jean Michel. "L'évolution de la norme environnementale dans le secteur immobilier : l'exemple du bail vert." Thesis, Paris 2, 2015. http://www.theses.fr/2015PA020041/document.
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Issu de la pratique contractuelle anglo-saxonne et codifié en France à l'issue des lois “Grenelle de l'Environnement”, le contrat de bail vert vise l’amélioration des performances énergétiques et environnementales des immeubles tertiaires. A l’échelle internationale, ce dispositif contractuel constitue un élément de la politique de lutte contre les émissions anthropiques de gaz à effet de serre plébiscitée à la fin des années 1990 par l'ONU et par l'Union Européenne. Par-delà sa légitimité, l’application du bail vert illustre des intérêts divergents, des conceptions variées de durabilité, des droits d’usages multiples de la propriété, révélateurs du dualisme sujet/objet entre l’homme et l’idée de nature au sein du phénomène d'urbanisation. En tant qu’il procède du libéralisme économique actuel, le bail vert met en lumière les contradictions du projet de développement durable au sein du secteur immobilier. Il est le fruit d'une anthropisation exacerbée et s’avère être une norme molle, difficile à mettre en oeuvre dans l’hexagone.Réactiver l’utilité juridique du bail vert implique un désenchantement des présupposés médiatiques du développement durable pour accéder à la connaissance de son “devoir-être” contractuel. Cette catharsis du principe est indispensable pour établir l’efficacité de “l’être” contractuel que doit former le consentement entre bailleurs, locataires et exploitants techniques autour d’un même projet d'amélioration environnementale. Néanmoins, ce modèle contractuel ne saurait retrouver sa finalité sans l’intervention autoritaire d’une superstructure institutionnelle dévolue à établir l’obligatorieté de la norme environnementale. Cette thèse s’emploie à susciter un intérêt doctrinal pour cette nouvelle ramification du droit - l’immobilier environnemental - mais également à proposer au législateur un processus original d’admission du statut juridique de l’annexe environnementale. Cette thèse invite ainsi les producteurs de normes à repenser l’application du développement durable dans la cité par la mise en place de leviers, sources d’un nouveau paradigme juridiqueArisen from the contractual Anglo-Saxon practice and codified in France thanks to the ‘Grenelle Laws’, the green lease contract aims at improving the environmental and energy performance of a commercial building. At the international level, this contractual tool constitutes an element of the struggle policy against human greenhouse gas emissions that has been claimed in the late 1990’s by the UN and the EU. Beyond its legitimacy,the implementation of the green lease points out diverging interests, varied conceptions of sustainability,multiple rights of property usage, revealing the duality subject/object expressed on the urbanization phenomena between man and nature. As the green lease is a child of economic liberalism, it reveals the discrepancies of sustainability in the real estate sector. It is the fruit of an heighten anthropisation and turns out to be a soft standard, harsh to implement in France.Recovering the legal usefulness of the green lease involves a disenchantment of the mediatised presumptions towards sustainability so as to access to the knowledge of its ‘must-be’ contractual. This catharsis of the principle is imperative to re-establish the efficiency of the ‘state-of-being’ of the contract, i.e. the consent of landlords, tenants and facility managers around the same project of environmental improvement. Nonetheless, this type of contract won’t be able to recover its target without the compelling intercession of the superstructural institutions committed in establishing the binding nature of the environmental norm. This thesis works on provoking a doctrinal interest for this new embranchment of the law (sustainability in real estate), butalso on suggesting to the legislator a genuine admittance process of the French green lease status. This thesis invites the norm producers to reconsider the legal practice of sustainability in the city by implementing leverages that generate a new legal paradigm
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Tesková, Kateřina. "Nájemné bytu v Opavě a faktory, které je ovlivňují." Master's thesis, Vysoké učení technické v Brně. Ústav soudního inženýrství, 2013. http://www.nusl.cz/ntk/nusl-232750.
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Diploma thesis describes current situation on the real estate market in the Statutory City of Opava. It deals with the progress of rental housing and with comparing the amount of current usual rent and also with factors that influence the amount of rent. Market research was conducted in four categories: in category 1 + 1 and 1 + kk, in category 1 + 2 and 2 + kk, in category 3 + 1 and 3 + kk and in category 4 + 1, 4 + kk and larger. Price maps are based on data obtained by research. In these price maps are particular flats graphically divided into groups according to the amount of rent.
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Dahlberg, Mattias. "Förhandlingen – Av kommersiella hyresavtal." Thesis, KTH, Fastigheter och byggande, 2015. http://urn.kb.se/resolve?urn=urn:nbn:se:kth:diva-183536.
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Upprättandet av kommersiella hyresavtal sker i stor utsträckning genom förhandling mellan de inblandade parterna. Detta arbete ger en inblick i hur hyresgäster och hyresvärdar resonerar före och under förhandlingen av avtalet. Arbetet är en kvalitativ studie som baseras på intervjuer med hyresgäster och hyresvärdar med god erfarenhet från marknaden för kommersiella kontorslokaler i Stockholm. Kontrakts- och förhandlingsteori är den huvudsakliga utgångspunkten för arbetet och den främsta problematiken inom ämnet relaterar till asymmetrisk information. Asymmetrisk information innebär att en part har mer information än den andre och kan på så vis få en starkare förhandlingsposition. Det finns metoder för att motverka fenomenet, bland annat genom att lägga resurser på att ta reda på mer information om exempelvis sin motpart (screening). Det finns också sätt att utnyttja informationsasymmetrin, exempelvis genom att skapa en positiv bild av sig själv (signaling). Resultatet från arbetet ger en unison bild av den problematik som finns på marknaden och de lösningar som hyresgäst och hyresvärd använder sig av för att förbättra förhandlingsstyrkan och villkoren i avtalet. Examensarbetet sker främst genom deduktion av teorin. Ur empirin presenteras också en bild av rådande marknadsförhållanden. Syfte Syftet är att identifiera de faktiska problemen i en hyresförhandling och hur hyresgäster och hyresvärdar går till väga för att tackla svårigheterna. Målet är också att få förståelse för hur hyresgäster och hyresvärdar värderar de olika villkoren i hyresavtalet och hur det påverkar förhandlingen. Frågeställningar - Förekommer asymmetrisk information vid förhandling av kommersiella hyresavtal? - I vilken utsträckning använder hyresvärdar och hyresgäster screening och signaling? - Hur värderar hyresvärd och hyresgäst de olika villkoren i det kommersiella hyresavtalet? Metod Undersökningen är kvalitativ och består av intervjuer med utvalda representanter för hyresgäster och hyresvärdar verksamma i Stockholm. Personerna som intervjuats har valts ut med bakgrund av deras erfarenheter av förhandling av kommersiella hyresavtal. De har också valts ut för att skapa en blandning av hyresgäster med olika verksamhet och hyresvärdar med olika målsättningar i förvaltningen. Respondenterna har fått svara på hur de värderar villkoren i kontraktet som bygger grunderna för ett kommersiellt hyresavtal samt hur de använder signaling och screening. Avgränsning För att göra arbetet strukturerat och ge möjlighet till analys har en begränsning gjorts av det geografiska området för studien. Det geografiska området är Stockholm. Studien begränsar sig också till att endast röra kommersiella hyresavtal för kontor. Slutsatser - Problematiken kring asymmetrisk information är påtaglig vid förhandlingen av kommersiella hyresavtal i Stockholm. Hyresvärden har enligt både hyresgäst och hyresvärd ett övertag. Det främsta informationsgapet mellan parterna är marknadskännedom och förhandlingserfarenhet. - Screening används av både hyresgäst och hyresvärd, främst till att minimera risk och stärka förhandlingsförhållandet. - Signaling används av både hyresgäst och hyresvärd. Hyresgästerna arbetar generellt med sitt varumärke, men inte specifikt inför hyresförhandlingen. Hyresvärdens införsäljning och etablering av varumärke är desto mer inriktat på att möjliggöra affären, främst då hyresavtal är deras huvudsakliga inkomstkälla. - Hyresvärden utnyttjar till större grad hidden characteristics genom att inte visa upp sin sanna typ, de utger sig exempelvis för att inte kunna gå med på en viss hyra eller kontraktslängd, när de i själva verket kan göra det. Allt går att förhandla.The establishment of a commercial lease in Sweden is done through negotiation between the parties involved. This work provides insight into how tenants and landlords reason before and during negotiation of the lease. The work is a qualitative study based on interviews with tenants and landlords with extensive experience of the market for commercial office space in Stockholm. Contract and negotiation theory compose the framework for the paper and the main problem in the subject relates to asymmetric information. Asymmetric information means that one party has more information than the other, and can thus have a stronger negotiating position. There are methods to counter the phenomenon, for example by allocating resources to find out more information about the counterpart (screening). There are also ways to take advantage of information asymmetry, for instance by creating a positive image of oneself (signaling). The results give a clear picture of the problems that occur on the market and some solutions that tenants and landlords use to improve their bargaining power and the terms of the lease. The paper is done mainly through deduction of the theory. The empirical data also show the conditions of the current market. Purpose The aim is to identify the actual problems of a rent negotiation and how tenants and landlords go about tackling the difficulties. The goal is to gain understanding of how tenants and landlords evaluate the various terms of the lease and how it affects the negotiation. Research questions - Does asymmetric information occur when negotiating commercial lease? - To what extent do landlords and tenants use screening and signaling? - How do landlords and tenants value the various conditions in the commercial lease? Method The study is qualitative and consists of interviews with selected representatives from both tenants and landlords operating in Stockholm. The people interviewed have been selected in light of their experience in the negotiation of commercial leases. They have also been selected to create a mix of tenants with different activities and landlords with the various objectives of management. Respondents were asked to respond on how they value the terms of the contract that builds the foundations of a commercial lease, and how they use the signaling and screening. Demarcation To create structure and make it possible to analyze the results, a limitation of the geographical scope of the study. The geographical area is Stockholm. The study also restricts itself to only touch the commercial lease for office. Conclusions - The problem of asymmetric information is apparent in the negotiation of commercial leases in Stockholm. According to both landlord and tenant, the landlord is the party with the upper hand in terms of information. The main information gaps between the parties are market knowledge and negotiation experience. - Screening is used by both tenants and landlords, primarily to minimize risk and strengthen the bargaining relationship. - Signaling is used by both tenant and landlord. Tenants generally work with their brand, but not specifically for the lease negotiation. The landlord is more focused on establishing their brand in order to enabling business. Something that is natural since the lease is their main source of income. - Hidden characteristics is used by the landlord at a greater extent than the tenant. This is often done by not showing their true nature. They claim, for example, to not be able to negotiate particular clauses, when in fact they can. Everything is negotiable.
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Prokeš, Jakub. "Daňová specifika úpravy pronájmů v podmínkách NOZ." Master's thesis, Vysoké učení technické v Brně. Fakulta podnikatelská, 2016. http://www.nusl.cz/ntk/nusl-234807.
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This diploma thesis addresses a range of issues concerning leases in terms of the New Civil Code (NCC). The first part of the work introduces the changes in NCC, as well as taxes affecting leases. The remainder of the study provides an analysis, solutions, and application of the changes to selected case studies, while the final outcome of the study is the actual analysis of the selected points of the tax issues.
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Davidsson, Jessica, and Gabriella Granbom. "Är mammaledighet en förlustaffär för kvinnliga fastoghetsmäklare? : En kvalitativ studie om mammaledighetens påverkan på kvinnans karriär." Thesis, Karlstads universitet, 2018. http://urn.kb.se/resolve?urn=urn:nbn:se:kau:diva-68109.
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Denna studie avsåg att beskriva hur kvinnliga fastighetsmäklare upplever att en mammaledighet kan komma att påverka deras karriärer. Vi ville undersöka om blivande mammor upplever en oro inför och efter en mammaledighet samt i vilken utsträckning de anser att lönemodellen skulle vara en påverkande faktor. Vidare ville vi undersöka om fastighetsmäklares yrke är anpassat för en mammaledighet, om konkurrensen inom branschen påverkar huruvida yrket går att kombinera med barn och om det finns några hinder som påverkar kvinnans karriär när hon återgår till arbetet efter mammaledigheten. Tillvägagångssättet för arbetet var kvalitativa studier i form av intervjuer med kvinnliga fastighetsmäklare. Vårt resultat visade att fastighetsmäklares yrke är anpassat för mammaledighet, men däremot inte för när kvinnan väl kommer tillbaka från mammaledigheten. Majoriteten av respondenterna menade att det var som tuffast när de kom tillbaka efter sin mammaledighet. Konkurrensen inom branschen påverkar huruvida yrket går att kombinera med barn både inför och efter mammaledigheten. Det finns hinder som påverkar kvinnans karriär vid återkomsten efter mammaledigheten och det största hindret är att hon inte längre är lika tillgänglig som tidigare, på grund av att hon blivit mamma. Vi anser att vidare forskning bör studera anledningen mer djupgående till varför kvinnor valt att sluta arbeta som mäklare efter deras mammaledighet. Samt undersöka om det finns någon vision eller plan inom branschorganisationen, för att minska antalet avregistreringar bland kvinnliga mäklare som väljer att skaffa familj. Att byta ut våra kvinnliga respondenter mot män som varit pappalediga och tillämpa vår studie på dessa är ett annat förslag till vidare forskning. Studien kan inspirera branschen och förbunden att utforma mer stabila och bättre villkor, bättre förutsättningar och större trygghet för mammalediga kvinnor. Studien kan även ge arbetsgivare en inblick i, kunskap och förståelse för hur kvinnliga fastighetsmäklares karriärer påverkas av deras mammaledighet och fylla det kunskapsgap som finns.This study was intended to describe how female real estate agents experience that maternity leave may affect their careers. We wanted to investigate whether future mothers experience an anxiety before and after maternity leave and to what extent they consider that the salary model would be an influencing factor. Furthermore, we wanted to investigate whether the profession of real estate agent is adapted to maternity leave, if the competition in the industry affects whether the profession can be combined with children and if there are any barriers that affect the woman's career when she returns to work after maternity leave. The approach for work was qualitative studies in the form of interviews with female real estate agents. Our result showed that the real estate agent's profession is adapted for maternity leave, but on the other hand not for when she returns from maternity leave. The majority of respondents said it was the toughest part when they returned after their maternity leave. The competition in the industry affects whether the profession can be combined with children both before and after maternity leave. There are barriers that affect the woman's career on the return after maternity leave and the biggest obstacle is that she is no longer as available as before, due to becoming a mother. We believe further research should study the reason more profoundly why women chose to stop working as a real estate agent after their maternity leave. As well as investigating whether there is any vision or a plan within the industry organization, to reduce the number of deregisters among female brokers who choose to acquire a family. Replacing our female respondents, to men who have been parental leave, and apply our study on these is another suggestion for further research. The study can inspire the industry and the unions to formulate more stable and better terms, better conditions and greater security for maternity women. The study can also provide employers with an insight into, knowledge and understanding of how women's real estate agents are affected by their maternity leave and fulfill the gap of knowledge that exists.
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Ben, Saad Lakhal Asma. "Etudes sur le rôle de l'immobilier dans la stabilité économique et financière en France." Thesis, Orléans, 2018. http://www.theses.fr/2018ORLE0502.
Full textAbstract:
La présente thèse vient contribuer aux débats d’actualités sur le rôle de l’immobilier dans la conjoncture économique ainsi que dans la stabilité du système financier. Après avoir mis en évidence l’ampleur des crises immobilières, nous évaluons l’impact d’un choc des prix immobiliers sur le cycle économique (chapitre1). Nous montrons, qu’en France, l’effet de richesse immobilière est plus important que l’effet de richesse boursière. Nous concluons que les prix immobiliers impactent significativement le cycle économique. Ensuite, nous mesurons l’incidence de l’activité dans le secteur immobilier sur l’activité économique dans l’ensemble (chapitre2). Il ressort de notre étude empirique que l’investissement résidentiel ne joue qu’un rôle mineur dans les fluctuations conjoncturelles en France. Celles-ci sont dominées par les évolutions du solde commercial et la consommation des ménages. Enfin, nous étudions la place de l’immobilier résidentiel dans la stabilité du système financier français (chapitre3). Nous analysons l’interaction dynamique entre le marché de crédit à l’habitat et l’évolution des prix immobiliers. Cette interaction engendre une spirale déstabilisante qui explique la formation de la bulle immobilière. Nous sommes conduits à évaluer l’efficacité des politiques monétaire et macroprudentielle à contrôler les évolutions des prix immobiliers. Nos résultats montrent que le taux d’apport personnel est l’instrument le plus approprié à atteindre cet objectifThis thesis contributes to the topical debate on the role of real estate in the economic condition as well as in the stability of the financial system. After highlighting the scale of a real estate crisis, we evaluate the impact of a real estate price shock on the business cycle (Chapter 1). We show that, in France, the housing wealth effect is more important than the equity wealth effect. We conclude that housing prices significantly impact the business cycle. Then, we measure the impact of activity in the real estate sector on overall economic activity (Chapter 2). Our empirical research proves that residential investment only plays a minor role in the cyclical fluctuation. The two most influential components in the business cycle are the trade balance and household consumption. Finally, we expose the role of residential real estate in the stability of the French financial system (Chapter 3). We analyze the dynamic interaction between the housing credit market and the evolution of real estate prices. This interaction generates the vicious spiral that explains the formation of property bubbles. This is why we are interested in the evaluation of monetary and macroprudential policies effectiveness to control the evolutions of real estate prices. Our results show that the down-payment rate is the most appropriate instrument to achieve this objective
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Novotný, Jaroslav. "Nájemné bytů v Olomouci a faktory, které je ovlivňují." Master's thesis, Vysoké učení technické v Brně. Ústav soudního inženýrství, 2016. http://www.nusl.cz/ntk/nusl-241351.
Full textAbstract:
This diploma thesis examines market rents of flats in the town of Olomouc. It probes the condition of the local real-estate flat rent market and it assesses which factors affect the price the most. That is achieved on the basis of data of realized rents gathered via questionnaire and complemented with the supply real-estate prices. The data are sorted into four categories (1+1 a 1+k, 2+1 a 2+k, 3+1 a 3+k, 4+1 a 4+k) that are mutually compared and analyzed with textual, table and graphic output. In the theoretical part of this work, the research is supported with juridical and economical definitions, which appear on the real-estate flat market. The work then states the specifics of real-estate market and comments on the changes in the new civil code of law. It also gives a brief overview of the basics of the housing policy theory.
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Kotrla, Tomáš. "Posouzení výhodnosti koupě bytové jednotky v lokalitě Brno Kociánka a Sadová." Master's thesis, Vysoké učení technické v Brně. Ústav soudního inženýrství, 2017. http://www.nusl.cz/ntk/nusl-319160.
Full textAbstract:
The diploma thesis deals with the issue of sale/lease of an apartment in the Královo Pole district cadastral area of Sadová. The main objective of the work was to find out the selling/rental price of the apartment unit in the new building, available 2+kk with standard equipment in Sadová. The price calculation was performed according to statutory regulations, standards and coefficients. At the same time, the price and quality levels of the offered housing units in the surrounding Brno localities were monitored and compared. The secondary objectives of the diploma thesis were the analysis of the housing market in Brno and its description including the preferences for the selection of the housing unit. The market indices used were used for the valuation of the dwelling unit and the price of the land included in the dwelling unit was included in the resulting price. The award was made by cost and comparison method. Sales/ rental pricing calculations were verified through direct comparison and Grubbs test. The rental method used to measure sales/rentals was used to determine the usual rent. In the last chapter of the analytical section, an appropriate procedure for purchasing a new dwelling unit was proposed.