The thesis is focused on the creation of price maps commercial real estate lease in the areas of Brno, in selected urban areas. It is divided into two parts: The theoretical section explains the basic concepts related to the thesis, which are: the types of commercial spaces, types of prices in the valuation, introduces us to the situation on the commercial real estate market and the importance of price charts and the methodology to create. The practical part focuses on the formation of price charts, discussed the issue at its orign, the possibility of creating and mapping. The result is a textual and graphical price map, which is the use of the real estate market and facilitates orientation in the prices of renting commercial property types: office, shop and warehouse.

ENGLISH ABSTRACT: This study determined the status, in 2012, of the implementation of Sustainable solutions (SS) to commercial buildings in the City of Johannesburg. The term “going green” was seen as an alternative approach to business, but demonstrated necessity in the property industry. As greenhouse gas emissions drive the rising average global temperature at an alarming rate, the business environment cannot only be aware of the impact that business industries have on the livelihood of the growing population, but need to act promptly to ensure sustainability. Environmental sustainability is an important topic in decision making for businesses in South Africa and this study grouped renewable energy (RE) and energy efficiency (EE) to create sustainable solutions as the main concept of environmental sustainability. Renewable energy refers to finding an energy source like the sun or wind, but the main focus is on the purpose of sustainability of the energy resource and the supply. Eskom obtains 97% of their electricity for South Africa from coal power plants, but the reality is that coal is a limited resource that will not be available indefinitely unlike renewable energy. Energy efficiency on the other hand focuses on reducing the energy requirements of commercial buildings. As this concept received sufficient attention in South Africa, the present study was conducted to obtain further information to drive energy efficient practices. With energy efficiency, making basic adjustments in the design of new buildings to use less electricity can greatly contribute to their longevity and reduce the overall running costs that in turn enhance the sustainability for organisations that own or manage properties. By gathering the principals for renewable energy from natural resources and implementing energy efficient practices, the concept of sustainable solutions was conceived. The implementation of sustainable solutions also increases the value of properties, fosters economic enhancement, fosters socioeconomic improvement and most importantly improves the environment by reducing carbon emissions.

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Master´s thesis defines the basic concepts in marketing, marketing research, and basic concepts of the real estate market. The aim of work is to analyze the Real Estate market and determine aspects of the decision-making process of choosing Real Estate agents. Based on the information is processed recommendations for improvement company.

This thesis deals by natural disasters and solutions through commercial insurance. The introduction explains the concept of natural disaster and subsequently there are closer specified individual natural hazards. Then, the work focuses on the development of catastrophic events in the world in recent years, the consequences of their formation, their effects and the impact on these events on the world and Czech insurance. Due to the high frequency of floods in the Czech Republic in recent years, the work also addresses the issue of floods, their insurability and changes on the Czech insurance market reacting to the increased occurrence of floods. The thesis focuses on commercial property insurance products of individuals given to individual areas of different risk in terms of flooding. The analysis shows that insurers evaluate the individual risk zones in different ways and the most risk area of insurance excluded. At the end, there are evaluate the scope of insurance risk transfer to other entities, its importance and possibilities of alternative risk transfer.

Property developers and investors seek to understand the drivers of prices for office and retail space. Through literature, we learn that size and age, locational attributes, physical features of the properties, and economic variables are significant determinants of commercial property prices. However, previous work has narrowly focused on aspects akin to formal structures and ignored the role of institutions, especially conventions and social norms incredibly, and what influences the behaviour of the property developers and investors while making the pricing decision. Therefore, the goal of this study was to understand how prices for commercial properties are determined in Uganda. The objectives of the study were to understand the role of conventions and social norms found in the property market environment on price determination and to explore the behaviour tendencies/heuristics exhibited by the players during the pricing decision-making process. The study was qualitative in nature. The researcher interviewed property owners, developers, institutional investors, and key informants to understand the conventions and social norms that exist in the property market and how they ultimately influence the pricing decision of commercial buildings. This study reveals that conventions exist in the Ugandan property markets. The conventions signal a price to the players in the property environment. However, due to information asymmetry and irrationality, each player interprets the price signals differently, using heuristics to develop the final price. This study helps researchers understand the role of individual behaviour/heuristics in advancing our understanding of institutions and the effects of the two on commercial property pricing, the economy at large and its consequences on economic policy.

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Flooding has the potential to have significant impact on the value of properties depending on the level of inherent vulnerability. Experts argue that it is not the actual risk but the perception of risk among property holders that influences vulnerability of value. The hypothesis that changing perception of flood risk could make property value vulnerable in the market is the main focus of the research. This dimension of research has received very low attention in commercial property literature. The existing knowledge base of flooding and property value reveals that focus has been largely associated with residential properties. Conceptual understanding of the extent and scale of the effect of flooding on the vulnerability of property value of commercial properties would be worthwhile for relevant stakeholders. The research methodology follows a quantitative approach with sequential application: of literature review, conceptual model generation, data collection from primary and secondary sources with remote questionnaire survey of selected study areas in the UK. The conceptual model was operationalised using analysis and interpretation of the collected data and finally cross validated with secondary data gained from commercial real estate experts . The strength of this research lies in the conceptualisation of the subject matter of property value in the context of flood vulnerability. This work provides innovative conceptual insight towards business vulnerability and vulnerability of value. The variables contributing towards vulnerability were hierarchically ranked using both collected data and deductive methods. The patterns of impact and recovery analysis emphasized that within the commercial sector indirect effects of flooding should be given equal importance with direct damages. The implication of perception on the vulnerability of property value showed a slightly different picture from business vulnerability in the chosen study areas when differentiated based on flood experience. In a nutshell the study reflected that the commercial property sector does not take flooding as one of their priorities. This is in part due to differential attitude towards risk of the population within the flood plain based on their knowledge and experience of flooding. The perception of stakeholders towards vulnerability of value can change with increasing magnitude and severity of floods and it is possible that the implications on market value of commercial properties will be visible in the future. Practitioners and researchers will find this study useful in developing an understanding of the vulnerability of commercial property value in the context of changing flood risk.

En investering i en kommersiell fastighet kräver finansiering av något slag. I dagsläget är det vanligt förekommande att fastighetsinvesterare tar banklån för att erhålla likvida medel för fastighetsköpet. För en beviljad kredit krävs det även att en värdering av fastigheten har genomförts. Därför är kreditbedömning och värdering av kommersiella fastigheter två betydelsefulla processer i bankens dagliga arbete. Relationen mellan fastighetsinvesterare och banken är också av avgörande betydelse då fastighetsinvesteraren är i behov av likvida medel för sitt fastighetsköp. Dessa processer för dock med sig ett flertal problem. En värdering är alltid osäker och baseras till stor del på schabloner vilket kan leda till att vissa fastigheter antingen över- eller undervärderas. För bankens del medför en utlåning alltid en kreditrisk, vilken måste minimeras för att banken ska undvika kreditförluster.Syftet med uppsatsen har varit att beskriva och förklara hur kreditbedömnings- och värderingsprocessen för utlåning till kommersiella fastigheter ser ut för tre olika bankkontor i Borås. Vidare har studien byggt på att beskriva vilka likheter och skillnader som förekommer emellan dessa banker. Syftet har även varit att studera hur lokala fastighetsinvesterare i kommersiella fastigheter upplever dessa processer.Studien är främst av kvalitativ karaktär då den största delen av det empiriska materialet är baserat på kvalitativa intervjuer genomförda med representanter från SEB, Swedbank Sjuhärad samt Handelsbanken Stora Torget. Vi har dock även tillämpat en kvantitativ metod eftersom vi har utfört en enkätundersökning med ett tiotal fastighetsinvesterare. Med hjälp av vår teoretiska referensram har vi analyserat det empiriska materialet, utifrån vilken vi senare har kunnat dra slutsatser och föra en diskussion kring.Resultatet visade att bankernas kreditbedömningsprocesser skiljer sig åt främst när det gäller olika beslutsinstanser och interna regelverk. En slutsats vi dragit är att det är bankens interna regelverk som spelar den avgörande rollen för kreditbedömningen. Beträffande värderingen applicerar samtliga banker liknande metoder däremot frånskiljer det sig när det gäller vem som genomför själva värderingen. Utifrån enkätundersökningen med fastighetsinvesterare har vi konstaterat att relationen mellan fastighetsinvesterarna och bankerna i vår studie fungerar väl. Båda parter är villiga att anpassa sig efter varandra och samarbeta för att få igenom en framgångsrik affär. / Program: Civilekonomprogrammet

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