Valuation of public real estate: context and concept

Abstract

Notes an increasing interest in valuation of publicly owned real estate, and also controversy about the relevance of different concepts of value, especially for special purpose properties. Argues that it is important to distinguish between different contexts before taking a stand on this issue. Discusses three such contexts: external information, asset management and introduction of buyer‐provider models for real estate services within the public sector. Concludes that there is no type of public property for which the question of asset value is unimportant, and also that the information provided by aggregate values and a traditional balance‐sheet is small.

Preparation of the Data within the context of Sustainable Management by examining Legal Aspect of Public Property Assets: Mersin University

“…Kamu taşınmazlarının da değerlemesine gereksinim vardır. Örneğin İsveç'te; hizmet üretmek için sermaye maliyetlerinin hesabında, yüksek fiyatlı taşınmazların satılıp daha ucuz taşınmazlara geçilmesinde, hükümetin iyi bir derecelendirme alabilmek için taşınmazların değeri dahil edilerek mali durumların hesaplanmasında, merkezi hükümetin yerel ve bölgesel yönetiminde kamu taşınmazlarının devrinde, kamu tarafından arz edilen hizmet binalarının özelleştirilmesine ilişkin olarak satılan veya kiraya verilen taşınmazların fiyatlandırılmasında sorunlar yaşanmış ve kamu taşınmazlarının değerine ihtiyaç duyulmuştur (Lundström & Lind, 1996). Küresel emlak piyasasını, sınırlar ötesinde birleşmiş yerel ekonomide ulusal kamu ve özel piyasalar oluşturmaktadır.…”

Valuation tools and politicians’ willingness to sell public real estate: a survey experiment

“…Within local government, elected officials in local councils are typically responsible for indicating required public real estate needs and allocating budgets to accommodate the primary processes of the local authority and accomplish public goals and tasks, and thus approving decisions on the acquisition, use, and disposition of public real estate assets (Robin 2018). In practice, to support the analysis of alternatives and make informed decisions about public real estate, elected officials are confronted with monetary and non-monetary valuation tools that assess the value of public real estate assets (Christie et al 2012;Lundström and Lind 1996), typically provided by public managers that are part of the administration. Often, the underlying assumption is that valuation tools influence and, ideally, rationalize decision-making behaviour by elected officials.…”

Συγκρότηση Στρατηγικού Και Επιχειρησιακού Σχεδίου Αξιοποίησης Δημόσιας Ακίνητης Περιουσίας

“…63-64.12 Βλ. την πολύ ενδιαφέρουσα συζήτηση τωνLundström & Lind (1996) οι οποίοι με αφορμή την ανάλυση της αξίας του σουηδικού χαρτοφυλακίου δημοσίων ακινήτων θεματοποιούν με ενάργεια τα σχετικά ζητήματα.…”

“… Βλ. την ενδιαφέρουσα μελέτη τωνLundström & Lind (1996), σ. 35-37, και ταKapopoulos & Siokis (2005) καιGounopoulos, Mericas, Merika & Triantafyllou (2012).…”

“…Lundström & Lind (1996), σ. 32.169 Μάλιστα θεωρείται σημαντικό να προσμετρώνται ως «οικονομική αξία» τα κοινωνικά οφέλη που προκύπτουν από την κοινωνική αξιοποίηση της δημόσιας ακίνητης περιουσίας.…”