A platform for research: civil engineering, architecture and urbanism
A platform for research: civil engineering, architecture and urbanism
Economic Evaluation of Variable Office Buildings
Generally, buildings have to be adapted to vary user requirements. In addition to shorter utilization cycles, also the types of use vary. The relatively high vacancy rate of office buildings in Germany and many other European countries show the necessity of suitable concepts for several uses. The purpose is to plan and realize buildings, which can be transformed to different use types with limited resources. Thus, the risk of potential vacancy rates can be minimized and the value retention can be ensured. In the present paper, variable office buildings will be analyzed and presented from the economic point of view. The modeling and simulation of construction costs, taking into account the risks, will be specifically discussed. These studies build the basis for the economic evaluation of different scenarios for the conversion of office buildings. The presented results were developed in the research project P1118 of the research association FOSTA AIF.
Economic Evaluation of Variable Office Buildings
Generally, buildings have to be adapted to vary user requirements. In addition to shorter utilization cycles, also the types of use vary. The relatively high vacancy rate of office buildings in Germany and many other European countries show the necessity of suitable concepts for several uses. The purpose is to plan and realize buildings, which can be transformed to different use types with limited resources. Thus, the risk of potential vacancy rates can be minimized and the value retention can be ensured. In the present paper, variable office buildings will be analyzed and presented from the economic point of view. The modeling and simulation of construction costs, taking into account the risks, will be specifically discussed. These studies build the basis for the economic evaluation of different scenarios for the conversion of office buildings. The presented results were developed in the research project P1118 of the research association FOSTA AIF.
Economic Evaluation of Variable Office Buildings
Schach, Rainer (author) / Harzdorf, Anne (author) / Weller, Cornell (author)
International Conference on Construction and Real Estate Management 2017 ; 2017 ; Guangzhou, China
ICCREM 2017 ; 1-8
2017-11-09
Conference paper
Electronic Resource
English
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