The Influence of Performance-Based Building Design on the Strategy of Retail Property in Indonesia

Abstract

Management of retail property is important in accommodating tenants who occupy retail space and consumers as a retail property business activity. Performance-based Building Design (PBBD) is a concept that can be used in planning and designing so that retail buildings can operate as expected. In this regard, the strategy of retail space contains three indicators of performance that are effectiveness, profitability, and efficiency. This study finds gaps in retail property management design research. Therefore, the purpose of this study is to determine the effect of PBBD application on the strategy for retail property space in Indonesia. A total of 96 respondents were involved in this study. Data were collected through a questionnaire survey to stakeholders who play a role in the development and management of the retail property in Surabaya. The data were then analyzed using multiple regression. From the analysis, it was found that the application of PBBD, namely user/occupant interest, building management, the process of design collaboration had a positive effect, while the risk of loss had a negative effect. This means that the increased application of PBBD, namely occupant interest, building management, the process of design collaboration and reduced risk of loss in retail buildings, can improve the strategy for managing retail property space in Surabaya, Indonesia. A more detailed analysis of each indicator of the retail space strategy shows different results. The result show that the application of PBBD influence to the effectiveness contributes 44.6%, the influence of PBBD application to the profitability contributes 49.4%, the application of PBBD has an influence for the efficiency by 61.5%, and overall, the influence of PBBD application to the management retail property space contributes 68.9%. The results of this research are very important and have implications for retail space planning strategies. What will happen to retail property management at the operational stage, it can be seen through the implementation of PBBD in the briefing and planning stages.

Pemahaman Pelaku Desain Residensial Bertingkat Tinggi pada Performance-Based Building Design (PBBD) di Surabaya

“…Ada banyak metode yang digunakan pada penelitian terdahulu mengenai PBBD, diantaranya adalah kajian literatur [5], [7], metode survey [4], [10], penggunaan IT model [1], [11], dan studi kasus [12], [13].…”

“…Dengan strategi perancangan yang baik, penggunaan PBBD dapat meningkatkan keuntungan bagi pemilik bangunan selama masa operasionalnya [10]. Selain itu menggunakan konsep PBBD akan memberikan arahan dalam menghasilkan bangunan berkelanjutan yang sehat dan aman bagi pengguna akhir yaitu penghuni gedung [8].…”

The Effect of Consequences in Utilizing Real Estate Investment Trust (REIT) on Property Development

“…In Indonesia, the common financing way is by using equity and debt with certain compositions. This kind of financing often results in an un-optimum cost of capital [4]. Aside from the conventional mode of financing, other ways of financing also can be used to seek the best cost of capital, such as obligation [5] and cooperation between the government and private sector [6], one of the recent ways way of financing in Indonesia is using real estate investment trust (REIT) [7].…”