Izvorni znanstveni članak
https://doi.org/10.2478/otmcj-2021-0026
Added value of sites suitable for sustainable office development
Josef Kupec
orcid.org/0000-0002-0612-0914
; Faculty of Civil Engineering, Czech Technical University in Praguem, Thákurova 7, Praha 6 – Dejvice, 166 29, Czech Republic
Sažetak
Valuations of real estate are widely used for
various purposes and it relied always upon the 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.
Ključne riječi
Real Estate Valuation; Sustainable Office Development; Residual method; LEED; BREEAM
Hrčak ID:
266733
URI
Datum izdavanja:
21.3.2021.
Posjeta: 387 *