Real property portfolio management : a decision-support model
Name
18699207-MIT.pdf
Description
Full printable version
Size
7.38 MB
Format
Adobe PDF
Checksum (MD5)
105f8b9431aff1b80c83043f3956b4a4
Author(s)
Schcolnik, Andres E
Advisor(s)
Ranko Bon.
Date Issued
1988
Publisher
Massachusetts Institute of Technology
Abstract
In the 1980's corporate real estate has assumed a more active role in the strategic planning of American corporations. However, the tools to accurately evaluate the performance of corporate real property portfolios are still at a very rudimentary stage in their development. This thesis concentrates on the space inventory system of a large corporation and presents a model for determining fair comparisons between buildings across the portfolio. A technique is devised for identifying "outliers", that is, buildings whose performance is significantly different from other buildings of the same type. This technique shows how to classify buildings into groups, so that building class standards can be determined and trends identified. Artificial Intelligence tools such as decision-support systems can be helpful to encode the expertise for evaluating buildings' performance levels. Through the design of two working demos the thesis illustrates how that is possible, and points towards future alternatives. The author spent an academic semester as a consultant/ intern in the real estate division of a multinational corporation. For anonymity purposes, the corporation is called the Star Corporation. The Star Corp. provided the data used in the research, as well as the supervision and training in their in-house systems operation.
Description
Thesis (M. Arch.)--Massachusetts Institute of Technology, Dept. of Architecture, 1988.
Includes bibliographical references (leaves 127-129).
Subjects
Architecture.
MIT Department
Massachusetts Institute of Technology. Department of Architecture
Terms of Use
M.I.T. theses are protected by
copyright. They may be viewed from this source for any purpose, but
reproduction or distribution in any format is prohibited without written
permission. See provided URL for inquiries about permission.
copyright. They may be viewed from this source for any purpose, but
reproduction or distribution in any format is prohibited without written
permission. See provided URL for inquiries about permission.
Persistent DSpace Link
