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The application of sustainable development principles to the theory and practice of property valuation

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Book Series: Karlsruher Schriften zur Bau-, Wohnungs- und Immobilienwirtschaft ISSN: 18638694 ISBN: 9783866440890 Year: Volume: 1 Pages: XIX, 276 p. DOI: 10.5445/KSP/1000005408 Language: ENGLISH
Publisher: KIT Scientific Publishing
Subject: Business and Management
Added to DOAB on : 2019-07-30 20:02:02
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Abstract

This dissertation is an exploration into the fields of sustainable development, property investment and valuation. It investigates the rationale for immediately and rigorously integrating sustainability issues into property valuation theory and practice and proposes theoretical and practical options for valuers on how to address sustainability issues within valuation reports. It is argued that the perception of property as a commodity is changing to emphasize sustainable design features and performance characteristics as important determinants of a property�s worth and market value.

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