The real estate industry in the Netherlands

The real estate industry in the Netherlands is one of the most sophisticated in Europe. In fact, some Dutch real estate companies are among the most active in the international arena, and are major players in the ongoing integration in European markets. The paper describes the sectors of the real estate industry, i.e. residential and commercial (offices, retail and industrial), social housing policies, and the characteristics of the major companies. Individualized descriptions of listed real estate firms and funds are included, in addition to information on the volume and functioning of the mortgage market. Also included is a detailed bibliography, which could be of interest to academics and practitioners wishing to study real estate industry topics in depth.Real estate; mortgage; investment fund; housing;

THE INTERACTION BETWEEN REAL ESTATE AND NATIONAL ECONOMY

Using relevant data to demonstrate the function of the real estate industry in national economic development, and analyzing the interaction between the real estate industry and the national economy. this paper points out the effect of the development of the real estate industry on promoting economic development, optimizing urban industrial structure and promoting employment. Through a number of parameters and variables to illustrate the interaction and impact between the real estate industry and the national economy, on the basis of this premise, this paper also states the corresponding countermeasures for the sustainable development of the real estate industry. Key words: Real estate, National economy, Interactio

Benefit Evaluation of Real Estate Industry Based on SBM Model

According to the situation of real estate industry in different provinces and cities, the benefit is different, and the benefit of real estate industry in some regions is low. Based on the statistical data of real estate industry in various regions, this paper selects nine indicators, such as the number of enterprises, the average number of employees, the land purchase area (10000 square meters) in this year, to evaluate and analyze the benefit of real estate industry in 31 regions of China by using two-stage super efficiency model. The results show that the input-output of the real estate industry in 17 regions is effective, and the remaining 14 regions are DEA ineffective. The reasons for the inefficiency of the input-output are analyzed, and some suggestions to improve the efficiency are given

The Effect of Job Satisfaction and Work-life Balance on Employee Turnover Intention in Real Estate Industry

This study aims to: 1) To find out the description of job satisfaction, work-life balance, and turnover intention of generation Y employees in the real estate industry in Kebon Sirih, Central Jakarta, 2) To find out the effect of job satisfaction on turnover intention of generation Y employees in the real estate industry in Kebon Sirih, Central Jakarta, 3) To find out the effect of work-life balance on turnover intention of generation Y employees in the real estate industry in Kebon Sirih, Central Jakarta, 4) To find out how much the contribution of job satisfaction and work-life balance to turnover intention of generation Y employees in the real estate industry in Kebon Sirih, Central Jakarta. This research was conducted on 104 generation Y employees in the real estate industry in Kebon Sirih, Central Jakarta. Data collection technique using survey methods by distributing questionnaire which then processed with SPSS software version 25. This research used descriptive and explanatory analysis. The result of this study shows that the level of job satisfaction and work-life balance of generation Y employee in the real estate industry in Kebon Sirih, Central Jakarta are low, the level of turnover intention of generation Y employees in the real estate industry in Kebon Sirih, Central Jakarta is high, job satisfaction has a negative and significant effect on turnover intention, work-life balance has a negative and significant effect on turnover intention, and the model of job satisfaction and work-life balance can predict turnover intention of generation Y employee in the real estate industry in Kebon Sirih, Central Jakarta

DEFINITION AND CONSTRUCTION OF THE CORE COMPETENCE IN REAL ESTATE INDUSTRY

The real estate is a very high risk profession. Its funds devotion is big, the operation period is long and the market change quickly. At the same time, the real estate has to face the high level competition that brought by international capital investment. The key to deal with these problems is how to set up and enhance the core competence of the real estate industry while integrating the strategic resources. In this paper we will analyze the features of core competence, thus define the core competence in real estate Industry. The main competition factors of real estate industry include land resources, capital scale and market management. Accordingly, we put forward the solution to establish the core competence of real estate industry. Key words: Core competence, Real estate, Investmen

Strategic business model typologies evident in the Chinese real-estate industry

The Chinese real estate industry has emerged over recent decades as one of the key drivers of Chinese economic growth and attracted thousands of players nationwide. Yet, despite the continuing importance of the real-estate industry in China, there has not been any work done to identify nor describe the strategic business models used by enterprises within the sector. This study fills this gap in the literature. This paper begins by building a framework for studying the strategic business models used within the Chinese real-estate industry, and then goes on to identify the generic models that exist in the industry. A two-step cluster analysis of 117 Chinese real-estate companies was carried out over seven parameters identified in the literature as impacting business models: 1) clients, 2) products offered, 3) market locale, 4) financial structure, 5) value chain embeddedness, 6) core competency, and, 7) revenue source. Five generic strategic business models that characterize the Chinese real-estate industry were identified: 1) commercial property model, 2) government servicing model, 3) cost efficiency model, 4) asset management model, and, 5) high-turnover model. The findings will assist industry practitioners in evaluating and informing their own competitive positions within the Chinese real-estate industry

Organizational Culture of Real Estate Industry

Proper organizational culture in the real estate industry should be maintained as agents and other human resources in the real estate sector contend with customers. The study described the profile of real estate human resources. It also described the organizational culture of the real estate industry in terms of: ethical, innovative, customer-responsive, and spiritual. A total of 239 real estate human resources (163 males, and 76 females) were surveyed using a questionnaire with Likert-scale responses. Based on the data gathered, it is then concluded that, first, the Real Estate industry is dominated by males. The result for age may indicate that most of the human resources of the real estate industry are in the age of where they are active in work. Second, the organizational culture reveals that there is a weak establishment of the culture of the industry. It possessed the four dimensions but nevertheless because of diverse human resources it may be difficult to identify its dominant culture. Which serves as the image of every organization. Last, in spite of the presence of RA 9646, individuals are not yet aware of its implementing rules and regulations. It projects the traditional selling and buying of properties which sometimes caused problems to stakeholders. Further, in lieu of the foregoing, it is recommended, first, the upcoming presence of the pioneer graduates of BS Real Estate Management must be equipped with the experiences and best practices of the active members of the industry. Second, it is important for the industry to establish a concrete image of the industry that reflects the organizational culture. Out of the diverse identity of the involved practitioners, there must be focal leaders who will guide the upcoming generation of the practitioners. Last, information dissemination for the awareness of RA 9646 for the professionalism of the industry must participate for the benefit of the stakeholders. Implementation and proper monitoring of this law through the authorized group improve the professionalism in the industr

2017 Real Estate Industry Leader Award

Cornell University and the Baker Program in Real Estate are pleased to announce the recipient of the 2017 Real Estate Industry Leader Award: Jonathan Rose, Founder and President of Jonathan Rose Companies. Rose’s visionary leadership in the areas of sustainability and affordable housing have made him an icon in the real estate industry, and it is our privilege to recognize him with this award

ANALISIS SISTEM DAN PERANAN KELEMBAGAAN SEKTOR PERUMAHAN DI KABUPATEN JEMBER: PARADIGMA NEW INSTITUTIONAL ECONOMICS (NIE)

New Institutional Economics showed that institutions are not only focused on the institutions but the rules of the game in economic activity between actors in the Real estate  sector, both formal and informal institutions. This study aims to determine the role of the institutional system and the real estate  industry in Jember District. Key informants were selected using the snowball method. The data analysis technique use the Analysis Hierarchy Process (AHP). This study shows that the institutional system of the Real estate  industry in Jember is dominated by institutional formal than informal institutions. Formal institutions providing legal protection and means of coordination for all developers with other developers, government and society as a prospective buyer. Formal institutions play a greater role than in the informal institutional entire activity in the real estate  industry in Jember.