The fourth edition of Statutory Valuations has been completely revised and expanded and draws on the expertise of several new authors. The text reflects the effect of the considerable statutory changes over the ten years since the last edition. There are new chapters dealing with taxation (income tax, corporation tax, capital gains tax, inheritance tax, stamp duty land tax and VAT) and with rating and council tax. As in previous editions, there is full coverage of the valuation implications of regulation of the landlord and tenant relationship in commercial property; the impact of both the Rent Acts and leasehold reform on residential property; as well as comprehensive material on the background to, and assessment of, compulsory purchase and planning compensation. This book is designed both for students and practitioners and is a must-buy for anyone seeking a comprehensive analysis of the law relating to valuation as well as practical approaches to dealing with valuation problems. The clear concise narrative provides worked examples of valuations.

This book provides the first in depth interpretation of how to understand the causes of ethnic residential segregation across Western European countries and the USA. In many countries, ethnic minorities have obtained low quality housing and may be concentrated in certain parts of cities. This book asks to what extent ethnic segregation can be assigned to special preferences for housing and neighbourhoods among ethnic minorities. Is it the behaviour of the native majority, or is it a result of housing and urban policies? Ethnic segregation differs greatly across European countries and cities. Chapters discuss the extent to which these differences can be explained by welfare state systems, levels of immigration and the ethnic composition of minorities. The book also considers the impact of housing policy and the spatial structure of urban housing markets created by urban planning and policies. This book will appeal to teachers, students and researchers working with segregation, urban sociology and geography. It will also be valuable to civil servants in central and local governments who are working with measures to combat ethnic segregation and its consequences.

This book takes the concept of piracy as a starting point to discuss the instability of property as a social construction and how this is spatially situated. Piracy is understood as acts and practices that emerge in zones where the construction and definition of property is ambiguous. Media piracy is a frequently used example where file-sharers and copyright holders argue whether culture and information is a common resource to be freely shared or property to be protected. This book highlights that this is not a dilemma unique to immaterial resources: concepts such as property, ownership and the rights of use are just as diffuse when it comes to spatial resources such as land, water, air or urban space. By structuring the book around this heterogeneous understanding of piracy as an analytical perspective, the editors and contributors advance a trans-disciplinary and multi-theoretical approach to place and property. In doing so, the book moves from theoretical discussions on commons and property to empirical cases concerning access to and appropriation of land, natural and cultural resources. The chapters cover areas such as maritime piracy, the philosophical and legal foundations of property rights, mining and land rights, biopiracy and traditional knowledge, indigenous rights, colonization of space, military expansionism and the enclosure of urban space. This book is essential reading for a variety of disciplines including indigenous studies, cultural studies, geography, political economy, law, environmental studies and all readers concerned with piracy and the ambiguity of property.

This book explores how econometric modelling can be used to provide valuable insight into international housing markets. Initially describing the role of econometrics modelling in real estate market research and how it has developed in recent years, the book goes on to compare and contrast the impact of various macroeconomic factors on developed and developing housing markets. Explaining the similarities and differences in the impact of financial crises on housing markets around the world, the author's econometric analysis of housing markets across the world provides a broad and nuanced perspective on the impact of both international financial markets and local macro economy on housing markets. With discussion of countries such as China, Germany, UK, US and South Africa, the lessons learned will be of interest to scholars of Real Estate economics around the world.

Introduction to Facility Management is a comprehensive introduction to the dynamic and diverse field of facility management (FM). It answers questions such as: What is facility management? What does a facility management professional do? How can we classify facility management products and services? How do you set up a facility management organisation? How do you manage service processes using a master dashboard? Reflecting on current events, the book defines new and exciting roles for facility management professionals. This first international edition of the bestselling Dutch Basisboek Facility Management describes global trends and developments and international FM-standards and practices. With contributions of thought leaders, such as Diane Levine, Jens Schluter, Michiel Bakker, Elizabeth Nelson, Nicolas White and Susanne Balslev Nielson, Introduction to Facility Management is the first international book on facility management, which is supplemented and commented on by facility management teachers and practitioners; intriguingly and enthusiastically describes the full scope of the FM-profession; provides a theoretical framework and insight into FM-practice.

This book is the only up-to-date book of its kind that will provide an introduction to franchising, its pros and cons, and other aspects pertinent to restaurant franchises. It is the only guide to franchising written exclusively for food service professionals and is an indispensable resource for anyone wishing to break into one of today's most dynamic service industries. Since the late 1800s, when the idea was first conceived, the restaurant franchise has become a worldwide phenomenon. Opportunities abound for restaurateurs and food service professionals with the know-how to dive into and stay afloat in the growing, ever-changing sea of franchise operations. With the help of vignettes and case histories, this completely updated new edition to Restaurant Franchising explains operate a successful franchise, from developing a winning franchise concept to demystifying the legal intricacies of franchise agreements. Topics include: What is franchising? Franchising pros and cons Selecting the franchise that fits your style and goals Finding financial backing Understanding franchise agreements State franchise rules and regulations Developing healthy franchisor/franchisee relationships International franchising Unconventional franchises This book is suitable for classroom use, and an accompanying online instructor's manual is available as a teaching resource for instructors. It includes a template of a syllabus to fit one semester within an academic calendar, and each chapter's contents are highlighted starting with the chapter's objectives. Objectives are designed so that after reading and studying each chapter, the student should be able to complete specific knowledge components. Key teaching elements and points are listed for each chapter, with special emphasis on definitions and terminology. References and other sources for further information are also provided. At the end of each chapter within this book, there is a case study, for which discussion questions are listed. Possible topics for class assignments and field studies are suggested in the instructor's manual. In addition, almost 200 PowerPoint slides are provided for each chapter. Overall this manual is designed to provide teaching aids that will help in making lectures a more productive, interactive, and interesting learning experience for students. Readers will get practical, first-hand information that will be extremely useful to hospitality academicians and students, as well as corporations that are franchisors and other related restaurant corporations. It will be a valuable book for entrepreneurs and those interested in owning a franchise.

Irrigation Development in Africa: Lessons of Experience is a veritable encyclopedia of information on African irrigation. It describes a significant subset of the African irrigation experience, from traditional flood recession systems to large projects like Gezira and Bura.

This book conducts a detailed examination of the current form of the Hong Kong residential property regulatory system: the 2013 Residential Properties (Firsthand Sales) Ordinance (Cap 621). The author sheds light on how the new legislation promotes a number of values including information symmetry, consumer protection, the free market and business efficacy. It provides a detailed account of how the regulatory mechanism has evolved over the past three decades to catch unconsscionable sales tactics (such as selective information and/or misrepresentation of location, size, completion date and past transactions) and monitor sales practices in order to protect the interests of stakeholders in this ever-changing first-hand residential property market. This book breaks down this complicated subject matter by focusing a number of chapters each on a specific attribute of the residential property on sale. It then examines the various channels through which the information is communicated to the prospective buyer and discusses misrepresentation of the key information in sales of residential properties as criminal liability.The tension between consumer's rights on one hand and the pursuit of free market principles on the other is but one example of the conflicting values thoroughly discussed in the book, others include superstition vs. modernization and clarity vs. flexibility. Aimed at those with an interest in consumer protection and transparency-orientated legislation in commercialized real estate transactions, this book seeks to provide an in-depth discussion of the latest trends and directions of travel.

New Generation Whole-Life Costing presents an innovative approach to decision-making and risk management for construction and real estate. It applies the options-based approach that has revolutionized the management of uncertainty in the business world. Based on government-sponsored research at Cambridge Architectural Research Ltd., the book introduces the idea of 'lifecycle options'. The desirability of whole-life costing is widely accepted, but take-up levels have been low. One problem is that traditional techniques fail to take account of future uncertainty. In contrast, the new options-based approach considers a diversity of possible futures, and favours flexible strategies that incorporate lifecycle options. This approach leads to more cost-effective and sustainable decisions, minimizing the risk of under- or over-investment. This book is structured around realistic case studies that demonstrate the prevalence of lifecycle options. These case studies are backed up by clear presentation of basic principles and mathematical techniques allowing the book to be read either as a stimulating introduction to new concepts, or as a guide to mathematical methods.

This book provides a comprehensive and critical analysis of research outcomes on the equity home bias puzzle - that people overinvest in domestic stocks relative to the theoretically optimal investment portfolio. It introduces place attachment - the bonding that occurs between individuals and their meaningful environments - as a new explanation for equity home bias, and presents a philosophically multi-paradigmatic view of place attachment. For the first time, a comprehensive and up-to-date review of the extant literature is provided, demonstrating that place attachment is a contributing factor to 22 different topics in which variations of home bias are present. The author also analyses the social-psychological underpinnings of place attachment, and considers the effect of multi-culturalism on the future of equity home bias. The book's unique approach discusses the issues in conceptual terms rather than through data and statistical methods. This multi- and inter-disciplinary book is an invaluable resource for graduate students and researchers interested in economics, finance, philosophy, and/or methodology, introducing them to a new line of research.

Since the start of the twenty-first century, urban communities have faced increasing challenges in housing affordability, with environmental issues causing additional concern. It is clear that changes to urban housing are needed to enhance the resilience of cities and improve the economic, social and physical well-being of residents. This book provides a comparative cross-national perspective on urban housing and sustainability in Europe, exploring the key barriers and drivers associated with sustainable urban development and community regeneration. Country-specific chapters allow for easy comparison, with each summarizing how sustainable housing operates in the country in question, before going on to discuss the key barriers and drivers at play. This book brings a sustainability perspective to the comparative housing literature which frequently fails to integrate the social, economic and environmental pillars of sustainability. The book outlines many of the changes that professionals and residents will need to make to their practices and cultures in order to enhance housing resilience. Students, researchers and professionals with an interest in sustainable housing creation and regeneration will find this book an invaluable reference.

EG Council Tax Handbook is a timely publication. The text is easy to understand and very comprehensive. This volume helps to define the council tax in various contexts.

The long-term causes and nexus of power behind the UK’s housing crisis are under scrutiny in this passionately argued and radical critique of current housing and planning policies and practices. Colenutt reveals how a network of landowners, house-builders, financial backers and politicians lock in a cycle of low supply and high prices, and proposes much-needed answers to one of the biggest social challenges of our age.

First published in 2004. This practical guide is designed for facility and maintenance managers who are facing "repair or replace" decisions for their buildings. Filled with useful information and resources to aid in the decision process, this hands-on reference shows readers how to accurately rate the condition of existing equipment and components, effectively assess their options, and avoid making costly mistakes. Detailed step-by-step instructions are provided, along with forms listing specific criteria identified for rating each building component. Topics include the assessment process; building site, shell, and interior; HVAC, plumbing, electrical, transportation, and safety systems; and more.

Previously known as Estate Management Practice, the fourth edition of this work has been renamed to reflect current market practice and to embrace the discipline of corporate real estate. This book provides a comprehensive study of the management of urban property and is divided into three parts. Part one considers the diverse nature of the many types of estates and different aspects and interpretations of the management task. Part two concentrates on the management of leased property, repairs, service charges and rent reviews and the statutory framework within which the landlord and tenant relationship has developed. Part three is concerned with the positive management covering both technical skills, such as portfolio performance, and the professional practice environment in which they are exercised. Stapleton's Real Estate Management Practice is written both for advanced students and practitioners. It provides a firm basis for management affecting the decision-making hierarchy from tenant to property, to portfolio, to proprietary unit. While retaining the format of previous editions, it has been updated to reflect the many changes in the law, practice, technology and the market place since the previous edition. In addition, this new edition highlights factors that influence the enhancement of different types of property and the various strategies involved in managing properties from both owners' and occupiers' point of view.

This book is an invaluable guide for those providing expert evidence on valuations of commercial properties - including civil actions, rent review arbitrations, lands tribunal cases and rating appeals. The object of the book is to provide the commercial property valuer with a detailed introduction to providing expert evidence in a litigation context, the rules, requirements and the pitfalls for the unwary. Particular trouble has been taken to emphasise the need for quality evidence based on relevant experience which is objective, unbiased, independent, and of sufficient quality to resist challenges before the courts, tribunals and arbitrators. This handbook will help the practitioner start off on the right course and provide forewarning of the issues which he or she is likely to face, leading to greater professional awareness and to higher standards of valuation expert evidence in all commercial property fields.

Studying institutional change regardless of whether it is focused on transitional or developing economies, is most fruitful when focused on its structuring of the means of production - land, labor and capital.
Developmental Dilemmas singles out land as an object of study and places it in the context of one of the world's largest and most populous countries undergoing institutional reform, the People's Republic of China. The book demonstrates that private property protected by law, the principle of 'getting-the-prices-right', and the emergence of effectively functioning markets are the outcome of a given society's historical development and institutional fabric. Peter Ho argues that the successful creation of new institutions hinges in part on choice and timing in relation to the particular constellation of societal, economic, political and cultural parameters. Disregarding these could result in rising inequality, bad land stewardship, and the eruption of land-related grievances.
With contributions from a leading team of specialists, this volume offers an authoritative and in-depth analysis of the main constraints in China's land administration; the potential sources of land disputes; the socio-economic impact of agricultural land, forest, and grassland policies; and the alternatives in land tenure that could lead to a socially acceptable, ecologically sustainable and economically viable land use. This volume will be of interest to students of development studies and contemporary China, and will address a wide readership of professionals interested in the economics of transition, legal anthropology, natural resource management, and gender and rural development.

This book shows how the Jewish National Fund proved to be flexible in its fundraising to obtain its land-purchase objectives during the Second World War. It provides a detailed examination of the Jewish National Fund's internal development and analyses the relationship between Jewish National Fund finances and land purchase priorities. A valuable addition to recent re-evaluations of Israeli history and institutions, this book will be of interest to those researching Palestinian history, Jewish and Israeli history and the history of the modern Middle East.

Market Analysis for Real Estate is a comprehensive introduction to how real estate markets work and the analytical tools and techniques that can be used to identify and interpret market signals. The markets for space and varied property assets, including residential, office, retail, and industrial, are presented, analyzed, and integrated into a complete understanding of the role of real estate markets within the workings of contemporary urban economies. Unlike other books on market analysis, the economic and financial theory in this book is rigorous and well integrated with the specifics of the real estate market. Furthermore, it is thoroughly explained as it assumes no previous coursework in economics or finance on the part of the reader. The theoretical discussion is backed up with numerous real estate case study examples and problems, which are presented throughout the text to assist both student and teacher.

Including discussion questions, exercises, several web links, and online slides, this textbook is suitable for use on a variety of degree programs in real estate, finance, business, planning, and economics at undergraduate and MSc/MBA level. It is also a useful primer for professionals in these disciplines.

Table of Contents

PART A: INTRODUCTION 1. Market Analysis In Perspective 2. Real Estate Economics PART B: METROPOLITAN GROWTH ANALYSIS 3. Metropolitan Growth Patterns 4. Analyzing Metropolitan Economies PART C: ANALYZING RESIDENTIAL REAL ESTATE MARKETS 5. Residential Real Estate Markets 6. Macroeconomic Analysis of Residential Real Estate Markets: Accounting Techniques 7. Macroeconomic Analysis of Residential Real Estate Markets: The Basics of the Econometric Approach 8. Macroeconomic Analysis of Residential Real Estate Markets: Applying the Econometric Approach 9. Analyzing Residential Projects: A Micro Perspective 10. Analysis of Residential Real Estate Markets: An Example PART D: ANALYZING THE MARKET FOR RETAIL SPACE 11. Retail Markets and Retail Market Studies 12. Analyzing the Market for Retail Space 13. Analyzing the Market for Retail Space: Synthesis and Market Studies PART E: OFFICE MARKET ANALYSIS 14. The Market for Office Space 15. Office Market Analysis: A Macro Perspective 16. Micro Analysis of Office Markets 17. Office Market Analysis: Synthesis and Market Studies PART F: INDUSTRIAL MARKET ANALYSIS 18. Industrial Space Market PART G: DATA SOURCES 19. Data Sources for Real Estate Market Analysis

Drawing upon a number of international property management projects, this book outlines the issues underlying the development of property management. Addressing key topics such as value for money, economy, efficiency and effectiveness, it focuses on corporate strategies and financial instruments of property management. It examines how managers are responsible for developing the corporate strategies and financial instruments required to provide a comprehensive appraisal of the land and buildings that make up the built environment. It outlines a framework for analysis and provides a directory of the environmental assessment methods currently available.

This book analyzes [ejido] land as space of urbanization and location of economic activities and capital and land privatization as a redistributive process with local, urban, regional and global consequences.

California was at the epicentre of the collapse of the real estate market in 2008, which had a devastating effect on the world economy. Taking this diverse and powerful state as a case study, this book presents a financial history of the property business, from the time Spanish Missions were established to the Great Recession. Financing California Real Estate provides the history of expansions and contractions in the real estate market, and describes factors in the state and nation which may have triggered changes in the direction of growth in real estate lending. It explores how financial institutions which provided funding for building and buying homes changed over time, from the establishment of Spanish Missions in 1769, to the Gold Rush, to rail transportation, all the way through to the real estate bubble that peaked in 2005. Using detailed information on financial institutions to explain the changing nature of the real estate market, this book ultimately suggests an alternative theory for what led to the Great Recession. This book will be of interest to researchers working in the area of real estate cycles in the economy, historians interested in the economy of California, and financial historians.

First published in 1999, This book aims to study international leasing, in which it mainly looks at leasing on an international scale; considering how we define leasing itself and in the context of the international financial world.

The Glossary of Property Terms has helped define the property industry since its first publication in 1989. This second edition remains the glossary for all in the landed professions and related endeavours. It has been expanded to include recent additions to the property vocabulary and existing terms have been revised and amended where necessary to reflect correct common useage. This highly practical guide contains some 3,200 terms and definitions as well as nearly 760 abbreviations. This fully updated edition reveals the meanings and nuances of many terms recently introduced into the vocabulary of property. In addition, terms which have a more historic significance have been retained, but amended as appropriate. A must have book for property professionals and students alike.