Abstract Construction investment is regarded as the leading cause in Real Estate industry for a long time. During the process, land development is an important factor for company's profitability. However, professions in this industry always rely on personal experience to estimate the land development potential. In most cases, owners or upper management are the ones to make the decision. Not only the decision conflict the open policy, it also lack of the base from lesson learns after the project wrap up. It limited the build up of experience with in companies. After interviewing industry experts, we found that the reasons people rely purely on experience among land estimate industry, besides the unique characteristic of land, accuracy and trust worthy of information, is limited to estimation during development; especially data of the direct cost, indirect cost, annual interest rate, and return ratio is missing the land estimation technical specification. Thus, people in current industry normally use personal experience or the reference material from government. Project budget in construction industry normally is pretty huge, management budget is occupied in a small percentage; thus, members normally do not want to spend time to analyze in detail in the beginning. This research base on documents and experts interview, it verifies and gather analysis of land development estimation. At the same time, it also gathers current ERP¡]Enterprise Resource Planing¡^ to get the real internal data. Using DSS system to assist members to process decision-making characteristics and What-If functions in which supports decision maker's decision. Utilize historical statistics and market fluctuation to process estimation and provide project data and comparison pie chart. This will provide the decision makers more effective comparison to different projects. Use land developing analysis estimate to establish an estimation structure and foundation for business to adjust accordingly when government regulation changes. An updated estimation way of Decision support system will provides an advanced tool for land developers. This will help decision makers in land development estimation to reduced the blind spots and mistake due to overly rely on personal experiences.

This paper will study the Art market as an investment opportunity. We will forget about the artistic characteristics of the market (history of art, aesthetic, technic...) and focus only on the business and economic aspects of the market treating art works as tradable goods. Our goal will be to determine whether or not the art market would be a suitable investment vehicle, offering some interesting outlook to investment diversification. This paper will pay a closer look at the recent financial crisis period, trying to understand the mechanism which bonds the financial industry and the Art industry. This will be the key to introduce an investment portfolio including Art as an asset class for investment. Focusing on the performance of such portfolio we will give some further recommendation on how to reach a better than expected performance.

The diploma thesis deals with the evaluation of the effectiveness and risks of a private construction project. This work is divided into two parts. The first part is a theoretical part, which defines the basic concepts associated with investment as such, but also directly with investment in real estate and construction investment. In the second part, this work deals with risk assessment, determination of their size and finally risk management. The end of the theoretical part is the elaboration of methodology for the practical part. The beginning of the practical part the work is devoted to the description of the construction area and specification of the building itself. In the next part are set investment costs, operating income and expenses. Operating income consists of the lease itself. This was determined on the basis of similar investments in the area. Operating expenses are divided into fixed and variable where only fixed are included in the evaluation. Subsequently, the work establishes the profit and loss statement and therefrom the cash flows. The second part defines the risks associated with the construction of the project. The switching value is then calculated for critical project risks. The end of the practical part is devoted to risk management. The conclusion summarizes the results of individual parts of the thesis and a written recommendation for the investor whether to realize the project or not.

The subject of the thesis "The impact of construction investment on the company" is to evaluate the economic results of selected companies through financial indicators and showing its impact on the company financial plan. The first part focuses on theoretical background in construction investment. The second part is devoted to financial analysis of the 2010-2015 periods and commenting on the results of the methods used. In the accounting statements and financial plans, it is also described construction investment, its implementation and the impact on construction investments.

This master’s thesis deals with an effective economy and planning of investments in a municipality. The first part of this work classifies the municipality and its entities following with a general description of municipality economy, classification of investments and their division according to the related criterion. A second part of the thesis introduces a specific village Černožice and its plans for investments. A practical part talks about a specific project „Vybudování stavebních parcel Čáslavka“ where all technical details, estimation of a price, underground utilities, following the sale, possible financial resources for the project and cash flow are described. Eventually, the conclusion of this work describes an economic analysis of the project as a whole.

The dissertation concerns on an evaluation of public construction projects efficiency. In the beginning is made the explanation of necessity to monitor the indicators of public construction investment efficiency in relation with possibility of stabilization of public budgets. Afterwards is examined the historical development and the actual status of legislative dealing with investment of public founds into construction projects. Subsequently is made the analysis of available methodology for evaluation of public investment economical efficiency. Within the dissertation was made the survey between the representatives of most important public investors in the Czech Republic. Their attitude to evaluation of construction investment efficiency was examined. The results of survey and good and bad praxis examples are concluded into methodical recommendation and instructions for public investors in order to implement into the decision making process about the public construction projects the evaluation of economical efficiency.

This diploma thesis focuses on choice of financial resources for realization of construction investment in a public sector, classifies investments based on multiple criteria and describes funding sources including Czech and European grant programs which are suitable for carrying out a construction investment. Next chapter introduces an organization structure of a village with focus on budget structure and establishment of the budget. Village Jaroměřice and organization Svazek obcí skupinového vodovodu Malá Haná are introduced for purposes of the practical part of this work, which describes their planned construction investments and identifies the best source of funding.

The diploma thesis is focused on evaluation of efficiency and risks of the investment realized by the private investor. These are the basic elements of the thesis: to define the issue of construction investments, evaluation of efficiency of construction investments and analysis and efficiency evaluation of risk of a construction investment. The outcome of the thesis is using these principles above for conducting a case study based on a real data.

This thesis aims to analyze and then update publicly accessible register of clusters of municipalities in South - Moravian region. Work is based on specific research for the Science Center of Faculty of Civil Engineering AdMaS. Name of the research is "Leveraging the register of clusters of municipalities for the needs of marketing research and development at FAST." Within this research were added to the register certain information, such as E-mail address, website, revenues for the last three years, etc. and the entire register was processed in the form of a relational database. From this relational databases were created outputs in the form of tables and charts to scholarly articles. Furthermore, this work updated maps of technical equipment with municipal water conduit and sewerage. To these maps are drawn in municipal unions with corresponding activities. Thereafter are designed some expansion options and are used clusters of municipalities for investment purposes.