Commercial Property Development in Greece: The Dawn of a New Era

1999 ◽  
Keyword(s):  
Property Development ◽  
New Era ◽  
Commercial Property

scholarly journals The Increasing Financialization of China’s Urbanization

2016 ◽  
Vol 52 (04) ◽  
pp. 1640002 ◽  
Author(s):  
THIERRY THEURILLAT ◽  
JAMES H. LENZER ◽  
HONGYU ZHAN
Keyword(s):  
Real Estate ◽  
Local Governments ◽  
Central Government ◽  
Institutional Setting ◽  
Financial Assets ◽  
Property Development ◽  
Commercial Property ◽  
The Real Estate ◽  
Regulation Changes

This paper provides a heuristic framework to address issues about China’s ongoing urbanization in relation to the role of land and built environment as triggers for economic growth and to the increasing financialization of urban production. While a dominant field of literature highlights the interrelation between land and capital within a specific institutional setting between Central and local governments, it argues to include other key linkages between infrastructures, property development and finance to understand China’s recent exponential urban growth. It first places the current consequent local governments’ debt into perspective along with the evolution of financial circuits for urban infrastructures resulting from Central Government policy and regulation changes. Next, and in line with the real estate literature that highlights the key role of demand, it develops an original understanding of the financialization of urban production from the perspective of China’s property industry. Besides the role of homeownership policies since 1998 which boosted urban production based on use value, various ways of the transformation of property into financial assets have occurred. Chinese households as the main investors have not only been able to directly invest in housing and in non-housing by purchasing flats or commercial property but indirectly by increasing investments in special purpose vehicles such as trust-bank and funds finance and new kinds of investment platforms. In both cases, Central Government macropolicies, both stimulating and restricting from 2008–2016, have gone in hand with increasing financialization processes for local governments’ debt, urban infrastructure financing and real estate.

scholarly journals PENGARUH PENINGKATAN HARGA LAHAN TERHADAP PERKEMBANGAN PROPERTI KOMERSIAL DI SEGITIGA PERUMDA TEMBALANG SEMARANG

2013 ◽  
Vol 1 (1) ◽  
pp. 43
Author(s):  
Kartika Dwi Palupi
Keyword(s):  
Early Stage ◽  
Linear Regression Analysis ◽  
Value Added ◽  
Policy Formulation ◽  
City Government ◽  
Property Development ◽  
Commercial Property ◽  
Land Prices ◽  
Initial Hypothesis ◽  
Increasing Demand

<p>Tembalang is a growing area with a central activity of education. The existence of educational functions have an impact to presence various activities in the surrounding, particularly for support the main functions of the education. The emergence of a variety of activities such as trade and services, housing, and higher education highly influential on increasing demand for land in this region. Land is  limited goods will increase the price comparable with the increasing demand. The higher land demand occurs during the relocation of the first Undip Campus (located in Pleburan) to a new campus in Undip Tembalang which resulted in an increase land prices more than 1.000%. The price of land which originally ranged from Rp 200,000, - until Rp300.000, -/ m2 jumped to Rp.3.500.000,- until Rp4.000.000,-/ m2 (http:/www.antarajateng.com, accessed 2 November 2010). Segitiga Perumda is a very strategic location, is also supported by the completeness of facilities and infrastructure, as well as adequate accessibility. This condition is very support of investment in this region thus causing an increase in land prices significantly from year to year. Under these conditions, Semarang City establish the presence of the UN revised each year in which are also NJOP Earth. The rise of the United Nations addressed to over the function property into commercial property to increase value added as well asm the ability to pay. To achieve the objectives of the study, carried out a visit at an early stage to obtain data instansional Earth NJOP in the Segitiga Perumda for seven year (2005-2011) is the reference for analyzing land prices. Earth NJOP become as a reference because of the difficulty to getting the real land price data in time series (2005-2011).The data used to map the Earth NJOP region based on land prices. Furthermore, field observations and interviews conducted to determine the function of existing properties in the Segitiga Perumda by type of commercial property. From both, carried out in order to obtain super-impose an overlay map associated cost of land and commercial property development in 2005-2011. To determine the significance of the influence of increasing land prices to the development of commercial properties, the calculations performed by linear regression analysis using SPSS software version 17.0. Based on these statistics, it is known that the effect of land prices to the development of commercial properties for 89.05%, or have been in accordance with the initial hypothesis of the study. Based on the analysis, it can be concluded that an effect between the increase in land prices to the development of commercial properties in the Segitiga Perumda Tembalang. Land prices also determine the type of commercial property developments. On high land prices, growing commercial property is a business with high accessibility requirements, such as photocopy, supermarket, and retail outlets. Boarding commercial property and lodging accessibility needs are not so high that tends to develop in the zone of the cheaper land prices. Recommendations in this study aimed to Semarang City Government relating to policy  formulation RDTRK and zoning district and the control of a business license.Recommendations for the Segitiga Perumda Tembalang is by controlling and pegawasan commercial property.</p>

scholarly journals Economic Impacts of the Turfgrass and Lawncare Industry in the United States

EDIS ◽  
2006 ◽  
Vol 2006 (7) ◽  
Author(s):  
John J. Haydu ◽  
Alan W. Hodges ◽  
Charles R. Hall
Keyword(s):  
United States ◽  
Urban Landscape ◽  
Economic Impacts ◽  
The United States ◽  
Golf Courses ◽  
Economic Sectors ◽  
Property Development ◽  
Commercial Property ◽  
Economics Department ◽  
Major Industry

The turfgrass and lawncare industry in the United States continues to grow rapidly due to strong demand for residential and commercial property development, rising affluence, and the environmental and aesthetic benefits of turfgrass in the urban landscape. Economic sectors of the industry include sod farms, lawncare services, lawn and garden retail stores, and lawn equipment manufacturing. Golf courses were also included in this study as a major industry that depends upon highly managed turfgrass for golf play. Numerous studies have been conducted on the economic impacts of the turfgrass and lawncare industry for individual states or regions; however, this research is the first to report results for the entire United States. This is EDIS document FE632, a publication of the Food and Resource Economics Department,  UF/IFAS Extension. Published April 2006. FE632/FE632: Economic Impacts of the Turfgrass and Lawncare Industry in the United States (ufl.edu)

scholarly journals APPRAISAL OF THE IMPLEMENTATION OF LAND-USE REGULATIONS ON COMMERCIAL PROPERTY DEVELOPMENT IN ILORIN, NIGERIA

2021 ◽  
Vol 6 (5) ◽  
Author(s):  
AbdulAkeem Olasunkanmi Otunola ◽  
Michael Adedayo Adebayo
Keyword(s):  
Land Use ◽  
Study Data ◽  
Property Development ◽  
Aesthetic Value ◽  
Land Use Regulations ◽  
Commercial Property ◽  
Commercial Activities ◽  
Test Of Hypothesis ◽  
Monitoring And Enforcement ◽  
Reserved Area

The implementation of land use regulations on commercial property development is extremely important because of benefits abound in it for the society. Ilorin the capital of Kwara state, Nigeria is experiencing influx of many residents which gave rise to series of urban challenges. This paper appraised the implementation of land use regulations on commercial property development in Ilorin, Nigeria. The study adopted survey research design and census method was adopted for the commercial properties and Estate Surveying and Valuation firms in the study area. Questionnaires were distributed to 26 practicing Estate firms in Ilorin Kwara State, 110 and 39 selected landlords / occupiers of commercial properties in Gambari-Ipata-Emir’s road and Government Reserved Area in Ilorin, Nigeria. Out of which 24 questionnaires (92%) and 110 (100%), 36 (92 %) were returned and found useful for the study. Data collected were analysed using descriptive statistics of cross tabulation and inferential statistics of Independent Sample t – Test and test of hypothesis. The research revealed that the p-values were all greater than 0.01 which led to the acceptance of null hypothesis that the level of implementation of land use regulations on commercial property development does not vary in the study area. The study conclude that there were hindrances to effective implementations of land use regulations on commercial property development across the study areas, and if not corrected will continue to affect the welfare of the citizens, ease of commercial activities, will lead to falling in commercial property’s rental value, falling in urban aesthetic value, and an increase in externalities. The study recommended proper government intervention in providing better resources to improve the level of monitoring and enforcement of land use regulations on commercial property development.

scholarly journals Positive Influencing Factors of Commercial Property Development: Case of Lithuania

2016 ◽  
Vol 4 (1) ◽  
pp. 48-60
Author(s):  
Valery Komisarov ◽  
Linda Kauškale ◽  
Natalija Lepkova
Keyword(s):  
Influencing Factors ◽  
Property Market ◽  
High Demand ◽  
Property Development ◽  
Commercial Property ◽  
International Companies

Abstract Presently the conditions for the commercial property development in Lithuania are favourable. The market indicators are demonstrating positive tendencies. Many international companies are entering the Lithuanian markets because of the supportive governmental instruments of competitive policy for these international companies. There is high demand for the commercial premises, and the respective governmental authorities are regularly improving the construction procedures. These are the factors, which are affecting the commercial property development activities in Lithuania. The aim of this paper is to highlight the factors, which are positively affecting the commercial property development in Lithuania. The key market indicators, supportive instruments for international companies and improvements of the construction procedures in Lithuania are reviewed by the authors, with prime focus on the capital of Lithuania − Vilnius. This paper is intended as guidance to the developers, who are entering the Lithuanian commercial property market.

The commercial property development process

1999 ◽  
Vol 17 (3) ◽  
pp. 219-230 ◽  
Author(s):  
Peter Fisher ◽  
Tony Collins
Keyword(s):  
Development Process ◽  
Property Development ◽  
Commercial Property
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