Commercial Real Estate, Land, Extension Options

There at the site of portfolio management and asset management? Real estate investments are not a self runner today. This means that a cyclical upturn and rising GDP growth rates not more inevitably also lead to a rising demand for commercial real estate and falling vacancy rates. It is no longer sufficient to rent only surfaces. Rather must continuously a matching between the State of the real estate and the current and future anticipated needs of tenants and the development of the site market environment will be held. Question: Is between structural vacancy and cyclical excess differentiated? Cyclic over-production are mined with increasing demand for the reduction of structural vacancy creativity, professionalism, and object-specific rental strategies are necessary. At the site must be anticipated over the medium to long-term trends and backed with coordinated concepts.

Question: Are existing rental partner extensively mentored? Avoid vacancy who wants to, must Needs of existing tenants know and flexible solutions constantly changing space requirements can provide for themselves. For example, the life cycles are shorter, for retail real estate, because shopping habits change. Companies are more responsive to developments in the economy and their business and to promptly adjust their floor space. Technological progress also requires faster changes, for example, when equipped with communication and data lines in Office buildings. In addition to modern technical facilities and flexible surfaces ensure tenants more and more on factors such as quality of life, climate and atmosphere in the building. See, in particular in connection with the creation of site budgets, identification and evaluation of intangible capital of location, representation of dynamic effect relations in the form of a generally useful communication platform, Becker, Jorg: real estate business in the location possibility space, ISBN 9783839123065 the Fraunhofer IAQ has in Cooperation with the International Real Estate Business School IREBS and GIF society for Immobilienwirtschaftliche research a Internet portal for the identification of user requirements on Office buildings and areas developed.

The tool Office score”surface demand to determine specific requirements for a new office space or-immobilie (users get a clear basis through a standardized assessment of object properties and quality criteria for pick-up – and purchasing decisions). A user needs profile with remarks, graphics and result presentations is made on the basis of relevant criteria. Users from the real estate or facility management can save the tool resources and prepare decisions transparent. Space provider (vendor, landlord) can the functionality with this instrument and Dipl.Kfm assess quality of their objects. Jorg Becker (