Added Value of Sites Suitable for Sustainable Office Development

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F68407700%3A21110%2F21%3A00349679" target="_blank" >RIV/68407700:21110/21:00349679 - isvavai.cz</a>

Výsledek na webu

<a href="https://doi.org/10.2478/otmcj-2021-0026" target="_blank" >https://doi.org/10.2478/otmcj-2021-0026</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.2478/otmcj-2021-0026" target="_blank" >10.2478/otmcj-2021-0026</a>

Jazyk výsledku

angličtina

Název v původním jazyce

Added Value of Sites Suitable for Sustainable Office Development

Popis výsledku v původním jazyce

Valuations of real estate are widely used and relied upon in financial and other markets. Valuation methodology is based on the operation of the free market economy and the real estate properties. The issue of certified properties is relatively new in the field of real estate valuation and is not sufficiently explored. Certified buildings are preferred by major corporate tenants with international field of activity who often have ethical rules for sustainable development. Therefore, certified properties are attractive to international commercial real estate investors who have higher purchasing power and are willing to pay a higher purchase price. Sustainable property certification is an element affecting the market value of the property. The purpose of this presented research is to quantify the impact of property certification on the value of office properties in Prague and subsequently to determine the impact of sustainability certificates on the market value of the land by using basic valuation techniques. The outcome of the project could be used by real estate valuation experts as a guideline to consider the future project certification and its impact on the land market value.

Název v anglickém jazyce

Added Value of Sites Suitable for Sustainable Office Development

Popis výsledku anglicky

Valuations of real estate are widely used and relied upon in financial and other markets. Valuation methodology is based on the operation of the free market economy and the real estate properties. The issue of certified properties is relatively new in the field of real estate valuation and is not sufficiently explored. Certified buildings are preferred by major corporate tenants with international field of activity who often have ethical rules for sustainable development. Therefore, certified properties are attractive to international commercial real estate investors who have higher purchasing power and are willing to pay a higher purchase price. Sustainable property certification is an element affecting the market value of the property. The purpose of this presented research is to quantify the impact of property certification on the value of office properties in Prague and subsequently to determine the impact of sustainability certificates on the market value of the land by using basic valuation techniques. The outcome of the project could be used by real estate valuation experts as a guideline to consider the future project certification and its impact on the land market value.

Druh

J_ost - Ostatní články v recenzovaných periodicích

CEP obor

—

OECD FORD obor

20101 - Civil engineering

Projekt

—

Návaznosti

S - Specificky vyzkum na vysokych skolach

Rok uplatnění

2021

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název periodika

Organization, Technology and Management in Construction: an International Journal

ISSN

1847-6228

e-ISSN

1847-6228

Svazek periodika

2021

Číslo periodika v rámci svazku

13

Stát vydavatele periodika

PL - Polská republika

Počet stran výsledku

7

Strana od-do

2465-2471

Kód UT WoS článku

—

EID výsledku v databázi Scopus

2-s2.0-85120862221