High Rise and Fall tells the story of how the European commercial property industry transformed from a local, small-scale business to an international, financially sophisticated, multi-billion-euro industry that was ultimately devastated by the 2008 crash. Drawing on her experience as both former Editor of EuroProperty and Director at the European Association for Investors in Non-Listed Real Estate Vehicles (INREV), Andrea Carpenter explains how the mid-1990s saw the arrival of a new style of property investing in the European markets. Seeking high returns, impervious to risk and with a seeming indifference to the buildings at the heart of the deals, US players such as Morgan Stanley, Goldman Sachs and Lehman Brothers conquered the European property markets with an audacity that both repulsed and intoxicated the locals. Fuelled by improving economic conditions in the early 2000s, European investors were keen to emulate all or parts of the US investors' philosophy. Armed with a wall of capital, the industry expanded into the far reaches of Europe in search of returns, and piled on new risks that it did not completely understand. In her highly readable style, Carpenter analyses the mistakes made by the industry in the run-up to the crash when billions were wiped off the value of property across the region, and it became clear that in the pursuit of high returns and a place in the wider financial world, the industry had turned its back on the basics - bricks and mortar. This book is aimed at students and younger professionals studying or working in the real estate industry who need to understand the events that shaped the world they are entering into, and the lessons that can be learned from them.

There is a large shortage of affordable housing across Europe. In high-demand urban areas housing shortages lead to unaffordable prices for many target groups. This book explores innovations to support a sufficient supply of affordable and sustainable rental housing. Affordable housing is increasingly developed, financed and managed by a mix of market, state, third sector and community actors. Recent decades in large parts of the Western world have consecutively shown state-dominated, non-profit housing sectors, an increased role for market forces and the private sector, and the rise of initiatives by citizens and local communities. The variety of hybrid governance and finance arrangements is predicted to increase further, leading to new affordable housing delivery and management models. This book explores these innovations, with a focus on developments across Europe, and comparative chapters from the USA and Australia. The book presents new thinking in collaborative housing, co-production and accompanying finance mechanisms in order to support the quantity and the quality of affordable rental housing. Combining academic robustness with practical relevance, chapters are written by renowned housing researchers in collaboration with practitioners from the housing sector. The book not only presents, compares and contrasts affordable housing solutions, but also explores the transferability of innovations to other countries. The book is essential reading for researchers and professionals in housing, social policy, urban planning and finance.

Emotions in the workplace have until recently been seen simply as a distraction. We often think of work as rational, logical and non-emotional. But organisations are waking up to the key role of emotions and affect at work. Emotions influence how we make decisions, how we relate with one another and how we make sense of our surroundings. Whilst organisations are slowly embracing the pivotal role of emotions, designers and managers of workplaces have been struggling to keep up. New insights from hard sciences such as neuropsychology are presenting a radically different interpretation of emotions. Yet workplace designers and facilities managers still rely on measuring non-specific states such as satisfaction and stress. In this book we attempt to capture modern-day interpretations of emotion, looking at emotion in terms of transactions and processes rather than simple cause and effect. We entertain the idea of an 'emotionally intelligent building' as an alternative to the much-hyped intelligent building. The assertion is that we should create environments that are emotionally intelligent. Rather than focusing on the aptitudes or shortcomings of individuals at work, we should place closer attention on the office environment. It's not that we are emotionally disabled - it's the environment that disables us! The ability of you and me to interpret, control and express emotions may not simply be a result of our own make-up. A radically different outlook considers how our workspace and workplace debilitates or enables our emotional understanding. In the modern workplace there are many innovations that can undermine our emotional intelligence, such poorly implemented hot-desking or lean environments. Contrariwise there are key innovations such as Activity Based Working (ABW) that have the potential to enhance our emotional state. Through a series of unique case studies from around the world, we investigate key concepts that can be used by designers and facilities managers alike. No longer should designers be asked to incorporate emotional elements as intangible un-costed 'add-ons'. This book provides a shot in the arm for workplace design professionals, pointing to a new way of thinking based on the emotional intelligence of the workplace.

Praise for Selling Real Estate Services "Selling Real Estate Services shows you how to stop being a vendor and start being a partner. Bob Potter's Third-Level concept will help you win more, have more fun, and build greater client loyalty. It's a playbook for success." Roger T. Staubach, Executive Chairman for the Americas, Jones Lang LaSalle, and founder of The Staubach Company "It's not just about selling; it's about winning. Just in time for one of the most competitive markets in a generation. Be prepared to win." Robert A. Ortiz, Executive Managing Director U.S. Operations, Cushman & Wakefield Inc. "Bob Potter's Third-Level Selling offers a progressive, advanced approach to building trust, demonstrating value, and winning. Whether you are new to real estate or a seasoned veteran, it will take your career to the next level." Craig Robbins, Chief Knowledge Officer, Colliers International "Business development never stops for successful real estate companies. Bob Potter gets it, and his simple strategies and techniques can be implemented immediately across a sales-oriented organization. This book is a gem." Tom Donnelly, President and COO, ValleyCrest Landscape Development "Rarely do books capture the essence of success in our industry. Third-Level Selling helps one understand how you build long-term committed relationships with clients. This book is a road map to becoming a top producer; I only hope that my competition doesn't read it!" Dan Winey, Managing Principal, Gensler

Against a century-long trend of decline, the private rented sector grew significantly during the 1990s. This book explores why and looks at the consequences for tenants and landlords, as well as the wider implications for housing policy. Written by legal and policy experts, the book brings together, for the first time in over a decade, leading-edge research on the newly deregulated private rented sector. It provides background information about the recent history and development of the private rented sector and explores the changing nature of the sector. The book will be invaluable reading for law, public policy, housing and social policy students. Housing practitioners and policy makers will also find it a stimulating read.

Friederike Sperl untersucht das loyale Mieterverhalten, um daraus effektive Bindungsmassnahmen fur Wohnungsunternehmen zu identifizieren und einen profitabilitatsorientierten Mieterbindungsmanagementansatz abzuleiten. Ziel ist es, durch eine effektive und effiziente Mieterbindungsstrategie die Erfolgsmoeglichkeiten von institutionellen Wohnungsanbietern nachhaltig zu erhoehen. Dies geschieht vor dem Hintergrund des Wandels von einem Vermieter- hin zu einem Mietermarkt. Daher gewinnt die Kundenorientierung im Sinne des Customer Relationship Managements auch in der Wohnungswirtschaft zunehmend an Bedeutung. Um auf wettbewerbsintensiven Markten bestehen zu koennen, gilt es, Wunsche und Bedurfnisse der Nachfrager von Wohnleistungen zu berucksichtigen und die Mieter langfristig an institutionelle Vermieter zu binden.

This book looks at how the physical environment of work shapes organizational behaviour, demonstrating that our physical surroundings at work can have a big influence on employee productivity, performance and wellbeing. Drawing upon the latest research, Organizational Behaviour and the Physical Environment provides comprehensive coverage of the different aspects of the physical environment at work - the buildings, furnishings, equipment, lighting, air quality and their configurations. From theories of psychological ownership and work design, to cultural issues and technology in the workplace, its international range of contributors provide voices from Australasia, North America, Europe and the Middle East. This book will be invaluable supplementary reading for advanced students, researchers and practitioners across the fields of organizational behaviour, HRM, organizational and environmental psychology, and workspace design.

In Britain in the 1990s households containing almost 1.4 million adults and children had their mortgaged home possessed. A far greater number experienced serious mortgage arrears but managed to avoid possession. The emergence of such levels of unsustainable home ownership has consequences for many areas of social and public policy, including: the economy; public health; social security reform; and family policy. This book argues that the emergence of unsustainable owner-occupation is emblematic of broader changes in contemporary society associated with the emergence of what commentators such as Beck and Giddens have characterised as a 'risk society'. Home ownership in a risk society: provides the first systematic overview of the meaning and implications of a body of research work that has hitherto remained largely fragmented; argues that the particular conjunction of events which generated the short-term housing crisis of the early 1990s masked a series of more enduring structural changes which have resulted in unsustainable home ownership becoming a more permanent part of the British socio-economic landscape; uses a wide range of methodological strategies - including in-depth qualitative interviews with adults and children, survey analysis, and the multivariate statistical analysis of large-scale data sets; paints a rich and detailed empirical picture of the causes, socio-economic distribution and social consequences of mortgage arrears and possessions. This broad-ranging book is aimed at students, researchers, policy makers and practitioners with an interest in social policy, sociology, human geography, urban studies, housing studies, public health, economics and finance.

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.

Written by a specialist in domestic and international real estate, this book provides an introduction to the marketing of real estate, real estate services, and real estate securities on an international basis. The economic, political, legal, and financial considerations for developing international real estate investment strategies are outlined. Beginning with an examination of the international marketing environment, the author discusses marketing management and strategies, pricing, promoting real estate products internationally, market research, and financial management. The book also contains an assessment of the future of international real estate marketing. "Business Information Alert"

This book fills a gap in the real estate literature by providing a comprehensive, sophisticated introduction to the marketing of real estate, real estate services, and real estate securities on an international basis. Written by a well-known authority on real estate investment, "Marketing Real Estate Internationally" addresses the complex economic, political, legal, and financial considerations that must be taken into account before a coherent international real estate investment strategy can be constructed and applied. This is the first practical guide of international real estate marketing to be written specifically for real estate professionals.

Technical Due Diligence and Building Surveying for Commercial Property is the first book to introduce the process of technical due diligence (TDD) and examine the role of the building surveyor within the commercial property sector. The book outlines the processes that the surveyor must go through when performing a TDD inspection and report and, most importantly, covers in detail the typical pathology and defects encountered during TDD. Performing a TDD survey involves collecting, analysing and reporting on a huge amount of information, often under specific contractual conditions. The book covers everything the surveyor needs to know in order to do a proper job and includes analysis of materials, life cycles and potential defects on an elemental basis, with detail on individual components where necessary. Coverage includes: * an introduction to the TDD process and types of commercial buildings encountered * chapters outlining the life cycle and defects of: structures, roofs, facades, finishes and services * hundreds of illustrations and photographs of defects, real-world case studies and suggestions for further reading * a final chapter covering legal issues and technical details. This book fills a clear gap in the literature and is the first fully illustrated book on TDD dedicated to commercial building stock. It will help students and professionals to understand the process, the science involved and the reasons why defects occur, as well as their evolution and long-term impact.

It is now 25 years since the first edition of this book was written, and the objectives of the fifth edition remain the same as those of the first edition, that is to provide "an introduction to and general background reading for the subject of property valuation." It is directed not just at would be surveyors and valuers, but at all those who may be interested in getting an understanding of property valuation.

Patricia Feigl zeigt, dass der neuartige Wettbewerbsdruck zwischen den Akteuren am Wohnimmobilienmarkt die Generierung und Sicherung von Vorteilen notwendig macht. Fur eine Zielgruppenbestimmung von Wohnimmobilienmietern stellt sie die Wohnbedurfnisse von Nachfragern zusammen und entwickelt auf der Basis des Nutzensegmentierungsansatzes einen wohnungswirtschaftlichen Marktsegmentierungsansatz. Das Spektrum des Themenfeldes offenbart sich in der Abgrenzung der Wohnbedurfnisse gegenuber anderen soziologischen und psychologischen Aspekte des Wohnens, der Identifikation untersuchungsrelevanter Wohnbedurfnisse und deren UEberleitung in produktspezifische Segmentierungsmerkmale. Basierend auf den Ergebnissen einer empirischen Untersuchung uberpruft die Autorin den Ansatz auf seine Anwendbarkeit, um abschliessend Handlungsoptionen fur die Praxis aufzuzeigen.

Provides an authoritative account of urban land reform in China, which is unique in merging the existing socialist landowner system with market mechanisms. The book starts with an historical account of the land tenure system in China followed by discussions of the reform within its legal, administrative and financial frameworks.

"Property Development" includes such considerations as the objectives, functions, roles and methods of operation of all those involved in the development process, the financial aspects of development, social considerations, planning matters, and others, providing readers with the opportunity to develop their understanding of and their expertise in, the subject.

This book evaluates the capacity of new democratic regimes to promote redistributive agrarian reform, an issue of concern to developing countries throughout the world. The author analyses the problems caused by political liberalisation and social and economic reform by examining in detail the formulation and implementation of agrarian reform in the Philippines under the governments of Corazon Aquino and her successor, Fidel Ramos. He reveals how the interaction between state and society shapes policy decisions, showing that what is needed for successful agrarian reform is a combination of sustained, forceful political leadership and grassroots agitation by peasant organisations. The author concludes that the new Philippine democracy has proved more conducive to redistributive reform than the authoritarian Marcos regime but has still failed to implement the more controversial and costly elements of the reform policy.

With the built environment contributing almost half of global greenhouse emissions, there is a pressing need for the property and real estate discipline to thoroughly investigate sustainability concerns. The Routledge Handbook of Sustainable Real Estate brings together the latest research of leading academics globally, demonstrating the nature and extent of the impact as well as suggesting means of mitigating humankind's impact and building resilience. Four sections examine the different aspects of sustainable real estate: governance and policy valuation, investment and finance management redevelopment and adaptation. Covering all land uses from residential to commercial, retail and industrial, the Routledge Handbook of Sustainable Real Estate is an exciting mixture of received wisdom and emerging ideas and approaches from both the developed and developing world. Academics, upper-level students and researchers will find this book an essential guide to the very best of sustainable real estate research.