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Article
Publication date: 1 March 1999

Mary Lou Downie

102

Abstract

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Journal of Property Investment & Finance, vol. 17 no. 1
Type: Research Article
ISSN: 1463-578X

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Article
Publication date: 1 April 2002

Vítor M. dos Santos Reis, Mary Lou Downie, Peter Fisher and António Fernandes

The globalization of trade and markets requires international standards governing accounting and associated activities including valuation. The EU Financial Services Action Plan…

1812

Abstract

The globalization of trade and markets requires international standards governing accounting and associated activities including valuation. The EU Financial Services Action Plan and the revised banking supervision rules both spotlight the need for consistent standards. Valuation standards exist at the international (IVSC), European (TEGoVA) and professional (RICS) levels. Differences of tradition and approach nevertheless still exist covering fundamental issues such as bases of value. Traditional valuation practice in many EU states therefore faces a process of swift harmonization. This paper examines, for one EU country, the degree of variation between valuation standards and current practice. Results are presented of the first ever survey of the professional practice of Portuguese valuers. Survey results reveal a largely part‐time profession, which appears to be poorly equipped to meet the challenge outlined above.

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Journal of Property Investment & Finance, vol. 20 no. 2
Type: Research Article
ISSN: 1463-578X

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Article
Publication date: 1 February 2005

Mary Lou Downie

Higher education (HE) in the UK has recently suffered financial pressure due to reduced central funding, and the requirement to widen student access. The estate is typically the…

1665

Abstract

Purpose

Higher education (HE) in the UK has recently suffered financial pressure due to reduced central funding, and the requirement to widen student access. The estate is typically the second highest revenue expense and is an obvious target for efficiency gains. Sector‐wide statistics show there are opportunities for improving efficiency and many influential bodies have advocated space charging as a way of achieving them. This paper aims to investigate space performance indicators for evidence that space charging improves space use efficiency.

Design/methodology/approach

The approach used is a statistical analysis of space performance indicators for space charging and other higher education institution (HEIs).

Findings

Approximately one‐quarter of HEIs in the UK operated space charging in 2000‐2001 but only ten out of 31 space‐related performance indicators for the period 1998‐2001 suggest that increased efficiency results. Scrutiny of the background data shows they predominantly reflect differences in institutional wealth and activities, rather than space use management. Efficiency measures relating space to use provide no evidence of efficiency gains, suggesting that the application of charging as a space management tool is ineffective.

Research limitations/implications

The methodology does not reveal the reasons for the disparity between theory and results of space charging. Qualitative research into the application of charging systems is required to provide an explanation.

Practical implications

The conclusions are important for HE managers who are considering implementing expensive systems to improve space efficiency. The results also shed light on the usefulness of space performance indicators for HE estates.

Originality/value

Although there have been many assertions that space charging will improve space use efficiency in the HE sector, this research provides evidence to the contrary.

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Property Management, vol. 23 no. 1
Type: Research Article
ISSN: 0263-7472

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Article
Publication date: 1 March 2000

Paul Greenhalgh, MaryLou Downie and Peter Fisher

The paper investigates the scale of relocations generated by property‐led regeneration schemes and identifies the perceived benefits accruing to occupiers of relocating to such…

879

Abstract

The paper investigates the scale of relocations generated by property‐led regeneration schemes and identifies the perceived benefits accruing to occupiers of relocating to such developments. In so doing the implications for the local property market of such moves, in respect of the performance of new and existing developments, are revealed.

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Property Management, vol. 18 no. 1
Type: Research Article
ISSN: 0263-7472

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Article
Publication date: 13 July 2010

Stephen Todd

375

Abstract

Details

Structural Survey, vol. 28 no. 3
Type: Research Article
ISSN: 0263-080X

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