Chu Kwok Hei Derek. / Thesis (M.Phil.)--Chinese University of Hong Kong, 2006. / Includes bibliographical references (leaves 97-103). / Abstracts in English and Chinese. / Abstract --- p.i / Acknowledgements --- p.iii / Table of Content --- p.iv / Chapter Chapter 1. --- Introduction --- p.1 / Chapter Chapter 2. --- Some Conceptual Issues --- p.6 / Chapter 2.1. --- PPE holding and shareholders' return --- p.6 / Chapter 2.2. --- Mis-management of Corporate Real Estate --- p.7 / Chapter Chapter 3. --- Determinants of Real Estate Holdings --- p.12 / Chapter 3.1. --- Growth opportunities --- p.12 / Chapter 3.2. --- Size --- p.13 / Chapter 3.3. --- Firm focus and real estate holding --- p.14 / Chapter 3.4. --- Level of Debt --- p.15 / Chapter 3.5 --- industrial effect --- p.15 / Chapter 3.6. --- Imperfect capital market and Real Estate decision --- p.16 / Chapter 3.6.1. --- Dividend payout --- p.17 / Chapter 3.6.2. --- Cash flow --- p.17 / Chapter Chapter 4. --- Measuring Corporate Governance --- p.20 / Chapter 4.2. --- Management ownership --- p.21 / Chapter 4.3. --- Outside Blockholder ownership --- p.22 / Chapter 4.4. --- Executive compensation structure --- p.24 / Chapter 4.5. --- Board composition --- p.26 / Chapter 4.6 --- DUALITY --- p.28 / Chapter Chapter 5. --- "Data, Sample and Empirical Analysis" --- p.29 / Chapter 5.1. --- Data and Sample --- p.29 / Chapter 5.2. --- Empirical Analysis --- p.31 / Chapter Chapter 6. --- Summary Statistics and Regression Results --- p.33 / Chapter 6.1. --- Summary Statistics --- p.33 / Chapter 6.2. --- Regression result --- p.35 / Chapter Chapter 7. --- Robustness check --- p.40 / Chapter 7.1. --- Full Sample Splitting --- p.40 / Chapter 7.2. --- Regression result --- p.41 / Chapter Chapter 8. --- Concluding Remarks --- p.44 / Appendices --- p.46 / Appendix 1 --- p.46 / Split full sample into single industry that sample size is larger than 30 --- p.46 / Appendix 2 --- p.52 / "Results after excluding firms in sector of Transportation, communication and Utility" --- p.52 / Appendix 3 --- p.53 / Non-monotonic relation between managerial ownership and agency cost --- p.53 / Appendix 4 --- p.55 / Comparison of previous literatures-1 --- p.55 / Appendix 5 --- p.56 / Comparison of previous literatures-2 --- p.56 / Appendix 6 --- p.61 / List of Tables --- p.61 / Appendix 7 --- p.95 / Variables description: --- p.95 / References --- p.97

Cheng Hin Fai. / Thesis (M.Phil.)--Chinese University of Hong Kong, 2001. / Includes bibliographical references (leaves 39-46). / Abstracts in English and Chinese. / Abstract --- p.i / Acknowledgements --- p.iii / Table of Contents --- p.iv / List of Tables --- p.v / List of Charts --- p.vii / Chapter Chapter 1. --- Introduction --- p.1 / Chapter Chapter 2. --- Literature Review --- p.3 / Chapter Chapter 3. --- Is Commercial Property Market Having Its Own Dance? --- p.9 / Chapter 3.1 --- Methodology --- p.9 / Chapter 3.2 --- Empirical Results --- p.11 / Chapter 3.3 --- Any Patterns? --- p.15 / Chapter Chapter 4. --- Natural Vacancy Rates in Hong Kong Case --- p.17 / Chapter 4.1 --- Methodology --- p.17 / Chapter 4.2 --- Data Source --- p.18 / Chapter 4.3 --- Empirical Results --- p.19 / Chapter Chapter 5. --- Is There Any Linear Relationship between Rate of Return (ROR) and Trading Volume? --- p.22 / Chapter 5.1 --- Data Description --- p.24 / Chapter 5.2 --- Data Selection Criteria --- p.24 / Chapter 5.3 --- Methodology --- p.25 / Chapter 5.4 --- Empirical Results --- p.27 / Chapter 5.5 --- Correlation Values --- p.31 / Chapter Chapter 6. --- Finding Relationship between Rent (or Rent Dispersion) and Trading Volume --- p.32 / Chapter 6.1 --- Methodology --- p.33 / Chapter 6.2 --- Empirical Results --- p.34 / Chapter Chapter 7. --- Conclusion --- p.36 / Bibliography --- p.39 / Appendix 1 --- p.163 / Appendix 2 --- p.165 / Appendix 3 --- p.169 / Appendix 4 --- p.186 / Appendix 5 --- p.190

Real estate taxation Abstract The aim of the diploma thesis is to introduce in detail Act No. 338/1992 Coll., On Real Estate Tax, as amended. The structure of the chapters is usually divided as well as the real estate tax itself on land tax and building and unit tax. A detailed analysis of individual tax elements and an examination of possible de lege ferenda proposals for potencial changes that could be made in the Czech real property tax law are provided. The thesis consists of 8 chapters. In the introductory chapters, the thesis deals with the general characteristics of taxes, the various constructional elements of the tax and the changes made by the recodification of private law, which influenced more than just the title of the real estate tax. The main content of the thesis is in Chapter 3, which gives insight into the theme by giving a detailed introduction of the various elements of the tax. The object of the tax, subject of the tax, tax basis and tax rate are presented. Chapters 4 to 7 deal in detail with tax exemption, tax rate issues, tax administration, and the comparison of the revenue from real estate tax and the revenue from the real estate acquisition tax. Both of these taxes relate to real estates and belong to the category of property taxes. The thesis also deals with a description of the...

by Hon Chui Yuk, Milkie. / Thesis (M.Phil.)--Chinese University of Hong Kong, 1998. / Includes bibliographical references (leaves 151-170). / Abstract and questionnaire also in Chinese. / ACKNOWLEDGMENTS --- p.i / ABSTRACT --- p.ii / TALE OF CONTENT --- p.vii / LISTS OF FIGURES --- p.ix / LISTS OF TABLES --- p.x / Chapter Chapter 1: --- INTRODUCTION --- p.1 / Chapter Chapter 2: --- INDUSTRY BACKGROUND --- p.5 / Introduction --- p.5 / Real Estate Brokerage Industry --- p.5 / The Practice in Real Estate Brokerage Industry --- p.11 / Real Estate Agency Concept --- p.11 / Dual Role of Agent in Hong Kong --- p.13 / Nature of Occupation --- p.14 / Recent Changes in the Real Estate Brokerage Industry --- p.15 / Consequences of the Changes in the Real Estate Brokerage Industry …… --- p.21 / Chapter Chapter 3: --- LITERATURE REVIEW --- p.26 / Service Marketing --- p.26 / Classification of Service - Highlighting the Human Dimension --- p.27 / Services Marketing - Importance of the Human Dimension Elements --- p.30 / Marketing Mix Concept --- p.31 / Service Encounter --- p.32 / Characteristics of Customer Contact Employees Affecting the Evaluation of Service Encounters --- p.36 / Effects of Service Encounters --- p.37 / Customer Retention and Relationship Marketing --- p.40 / Commitment - Essential Ingredient of Successful Long-Term Relationship --- p.42 / Relationship Quality/Strength - Ingredient of Relationship Development and Enhancement --- p.47 / Customer Perceived Service Quality --- p.62 / A Summary --- p.70 / Chapter Chapter 4: --- THE PROPOSED MODEL AND RESEARCH HYPOTHESES --- p.72 / A Model Of Service Relationship Formation and Enhancement --- p.74 / Conceptualization and Hypotheses --- p.78 / Relationship Formation stage →Relationship Enhancement stage --- p.78 / Relationship Enhancement stage →Outcomes --- p.87 / Effects of Trust and Satisfaction on Affective Commitment --- p.90 / Chapter Chapter 5: --- RESEARCH DESIGN AND RESEARCH METHODOLOGY --- p.92 / Research Design --- p.92 / Sampling Design --- p.92 / Survey Administration --- p.94 / Research Instrument --- p.97 / Measures and Operationalization --- p.98 / Method of Analysis --- p.100 / Scale Analysis --- p.100 / Structural Equation Modeling --- p.100 / Chapter Chapter 6: --- ANALYSIS AND RESULTS --- p.104 / Respondent Profile --- p.104 / Structural Equation Modeling --- p.106 / Original Conceptual Model (CCOM) --- p.109 / Measurement Model Evaluation --- p.109 / Structural Equation Model Results --- p.114 / The Modified Conceptual Model (CCOM) --- p.120 / Measurement Model Evaluation --- p.120 / Structural Equation Model Results --- p.120 / Chapter Chapter 7: --- DISCUSSION AND CONCLUSION --- p.127 / Summary --- p.127 / Contributions of the Research --- p.129 / Limitations --- p.135 / Directions for Future Research --- p.136 / APPENDICES --- p.139 / REFERENCES --- p.151

Thesis: M.C.P., Massachusetts Institute of Technology, Department of Urban Studies and Planning, 2014. / Thesis: S.M. in Real Estate Development, Massachusetts Institute of Technology, Program in Real Estate Development in conjunction with the Center for Real Estate, 2014.. / Page 93 blank. Cataloged from PDF version of thesis. / Includes bibliographical references (pages 89-92). / Gas stations are found throughout the US, but their ubiquity causes them to go largely unnoticed. Because their purpose - refueling vehicles - is so uniform and so integral to the existing automotive transportation system, stations share extensive siting and design similarities across many contexts. Recent corporate, market, and regulatory pressures have led to the closure of tens of thousands of these stations in the past few decades. Increasingly stringent Corporate Average Fuel Economy (CAFE) standards will likely continue the trend of station closures. CAFE standards are expected to reduce future US gasoline consumption and spur the production of alternative powertrain vehicles. Of these new powertrain technologies, electric vehicles (EVs) demand particular attention because their introduction has been quite strong and because their adoption has the potential to significantly change the location and physical environment in which vehicles are "refueled." EVs differ from other propulsion systems in that they rely on electricity for power. Unlike liquid fuels, which are most efficiently distributed from centralized facilities, electric power can be obtained from a number of dispersed outlets. This thesis seeks to rethink the physical infrastructure that is and has been necessary to fuel the US's vehicles by exploring the most effective deployment of EV charging systems and by proposing potential reuses for unneeded gas station sites. After studying vehicle travel patterns and EV charging requirements, at-home suburban charging systems emerge as the most effective way to support electric vehicles. In addition to the environmental benefits to the transportation system, solar and smart-meter components of this charging system enable the greening of the power grid as well. As such, this thesis posits that the most effective deployment of EVs and their associated chargers would be in suburban areas that currently have dirty energy profiles and high solar capacity. Another promising place for EV charger deployment would be at centralized stations along major transportation routes that could be co-located with uses that actively take advantage of the extended time it takes to recharge an EV battery. Especially in EV target regions, reduced demand for gasoline can be expected to further unlock opportunities for gas station property redevelopment. Challenges to reuse include environmental remediation costs and liabilities, but this thesis explores strategies for overcoming these obstacles, as well as redevelopment functions that take advantage of gas stations' small and distributed characteristics / by Andrew Turco. / M.C.P. / S.M. in Real Estate Development

Thesis: M.C.P., Massachusetts Institute of Technology, Department of Urban Studies and Planning, 2015. / Thesis: S.M. in Real Estate Development, Massachusetts Institute of Technology, Program in Real Estate Development in conjunction with the Center for Real Estate, 2015. / Cataloged from PDF version of thesis. / Includes bibliographical references (pages 129-135). / Community engagement in large-scale development projects is a critical step in the real estate development process, needed both to obtain official project approval and to gain feedback to create projects that better provide for and respond to the needs of the community. In San Francisco and other cities with extensive political and community involvement surrounding issues of urban growth, community engagement can be particularly important. Yet the community process can be agonizing, rife with contentious public hearings in which only those who are avidly for or against a project participate. Because of this, developers may dismiss engagement as an unpleasant formality necessary for project approval. However, the community process undertaken at Pier 70, a large waterfront development project in San Francisco, demonstrates that engagement can be an effective tool to build trust, gain project support, and make projects that better serve the community. The developers of Pier 70, Forest City, have gained remarkable community support for their project, including receiving citywide voter approval for proposed height changes on site. This thesis examines Pier 70 as a case study to explore how developers can help foster trust and effective collaboration through the community engagement process. To do so, it draws from a review of the process and problems of standard community engagement and presents alternative models. It also discusses recent large-scale waterfront projects in other cities, the history of San Francisco's highly politicized development process, and increasing controversy concerning waterfront development. Analysis suggests that Forest City has led an effective engagement strategy, gaining support and meaningful feedback throughout the process. Case study findings at the scale of the developer, project, neighborhood, and city demonstrate how Forest City has tailored their approach to the specific site to align the project and community process with the needs of the city and community. Forest City has been successful largely due to their ability to act locally, engage broadly and openly, and build trust with the community. Ultimately, this thesis draws lessons from Pier 70's development process to suggest methods for ensuring that development projects are not only profitable, but also valuable for the community and surrounding urban realm. / by Elizabeth Horton Kuwada. / M.C.P. / S.M. in Real Estate Development

Thesis: M.C.P., Massachusetts Institute of Technology, Department of Urban Studies and Planning, 2017. / Thesis: S.M. in Real Estate Development, Massachusetts Institute of Technology, Program in Real Estate Development in conjunction with the Center for Real Estate, 2017. / Cataloged from PDF version of thesis. / Includes bibliographical references (pages 84-87). / Chinatowns in cities like Boston, New York, or Philadelphia have well established reputations as vibrant ethnic neighborhoods that draw tourists as well as working-Chinese immigrants. The individual businesses that line the streets of Chinatown are crucial to creating these unique urban neighborhoods. As cities are undergoing a new era of growth and real estate activity in urban centers is booming, the impacts on small businesses has not yet been widely researched. This thesis uses Chinatowns (in Boston, New York, and Philadelphia) as case studies to uncover the impacts of new real estate developments on small businesses. The research relied on a mixed-method approach, utilizing quantitative data from city reports or census data, as well as qualitative data derived from interviews with local stakeholders, particularly small business owners. The broad categories of impact documented include: (1) changes to inventory and availability of ground floor retail space, (2) a homogenization of storefront design, (3) changes to the residential community, and (4) rise in occupancy costs. In contrast, the top concerns identified by business owners were (1) the image of Chinatown as dirty and (2) the availability of parking. This thesis was not able to fully address the mismatch between the impacts of development and the concerns of business owners but is an area that deserves more research. The conclusion of this thesis provides readers with a preliminary framework for assessing displacement risks that can be applied to other ethnic districts and suggests possible interventions that can mitigate some of these risks. / by Karmen Cheung. / M.C.P. / S.M. in Real Estate Development

Thesis (M.C.P.)--Massachusetts Institute of Technology, Dept. of Urban Studies and Planning; and, (S.M. in Real Estate Development)--Massachusetts Institute of Technology, Program in Real Estate Development in Conjunction with the Center for Real Estate, 2011. / This electronic version was submitted by the student author. The certified thesis is available in the Institute Archives and Special Collections. / Cataloged from student-submitted PDF version of thesis. / Includes bibliographical references (p. 68-72). / The Low-Income Housing Tax Credit is arguably the most successful and important program in American history for the creation of affordable housing. The program leverages private investment in affordable housing, through tradable tax credits, to produce quality affordable housing throughout the country. By providing additional money for projects in areas with especially low incomes and high development costs, the program has actively encouraged the creation of affordable housing in certain cities, towns and neighborhoods. At the federal level, the program has not, however, encouraged the development of housing near transit. Since 2008, when states were given the option to provide additional money for certain projects, five states began programs to provide additional money to projects near transit. This thesis examines the possibility of providing additional money to projects near transit at the federal level, in the form of a transit -- oriented basis boost. It starts with a brief introduction to the Low-Income Housing Tax Credit, followed by a discussion of the importance of housing near transit. It then examines what various states are doing to encourage affordable housing near transit, followed by a proposal for a federal basis boost program. The thesis culminates in a case study, showing how providing additional money to projects near transit might affect the economics of developing affordable housing near transit. / by Alex Magliozzi. / S.M.in Real Estate Development / M.C.P.

Thesis: M.C.P., Massachusetts Institute of Technology, Department of Urban Studies and Planning, 2015. / Thesis: S.M. in Real Estate Development, Massachusetts Institute of Technology, Program in Real Estate Development in conjunction with the Center for Real Estate, 2015. / Cataloged from PDF version of thesis. / Includes bibliographical references (pages 120-122). / This thesis has sought to construct a diagnostic study of small downtown revitalization in Somersworth, New Hampshire, and Berwick, Maine. To develop a holistic understanding of downtown revitalization in Somersworth-Berwick, and other such small towns on the urban fringe, this research was divided into three broad parts: [1] local contextualization of Somersworth-Berwick and empirical studies of small town revitalization, [2] a local market analysis, and [3] a site plan and financial feasibility model. The methods used to complete this research included focused interviews, market analysis, and financial modeling. These methods are coupled with a review of literature and sought to answer what potential market-based downtown revitalization strategies are and how economically and financially viable these might be in the context of Somersworth-Berwick. While this thesis has fashioned a robust framework specifically in the context of Somersworth-Berwick's downtown revitalization, its methodological approach and findings are applicable for similar small and fringe communities. The findings of this thesis highlight that market-based revitalization efforts, such as catalytic real estate development, do hold promise in advancing revitalization efforts yet often require subsidy in the face of weak real estate markets and market failure. As such, broad-based and non-traditional revitalization efforts are key elements to a holistic and effective downtown revitalization plan. / by Paul Matthew Goodwin. / M.C.P. / S.M. in Real Estate Development

Thesis: M.C.P., Massachusetts Institute of Technology, Department of Urban Studies and Planning, 2014. / Thesis: S.M. in Real Estate Development, Massachusetts Institute of Technology, Program in Real Estate Development in conjunction with the Center for Real Estate, 2014. / Cataloged from PDF version of thesis. / Includes bibliographical references (pages 98-101). / American manufacturing is experiencing a modest renaissance. U.S. firms are choosing to re-shore manufacturing jobs not out of their sense of patriotism, but because it makes good business sense. The costs of transportation and overseas labor are increasing, opening the door for domestic production. Political leaders are embracing the prospects for skilled, living wage jobs; President Obama has made manufacturing one of the central tenets of his economic recovery plan. This has important implications for cities, which stand to benefit from new investment and increased employment opportunities. However, important questions linger for planners: where will manufacturing jobs materialize within the urban fabric? Are factories even viable within the core cities of industrial regions, where there is the greatest need? If so, what physical planning strategies should those cities be pursuing in order to retain, attract, and increase the number of manufacturing jobs within their borders? This research begins with a history of urban production, from the Industrial Revolution through the present day. Emerging trends are assessed and synthesized into a new model for urban industrial development. That model is tested with a detailed examination of Louisville, Kentucky, a place that embodies the renewed efforts to re-industrialize cities with a manufacturing past. Urban manufacturing typologies are presented that describe the urban forms in Louisville at large, and within the Park Hill industrial corridor in particular. A unified set of design principles is presented and matched to the urban manufacturing typologies, focusing on verticality, mixed uses, transparency, sustainability, connectivity, and adaptability. Finally, the thesis concludes with an assessment of the most pressing challenges and opportunities facing the implementation of the Neo-Industrial City model. / by Christopher Rhie. / M.C.P. / S.M. in Real Estate Development