Real Estate and Project Management
Renovation of office buildings, conversion of urban industry sites into housing, a changing position of the historical city centre in the real estate market: the property market is reeling with unprecedented activity of individuals, housing associations, private companies and governments. Moving to other premises, demolishing, building new premises, renovation and conversion have become the order of the day. This research programme aims to develop and test scientific theories and tools, based on empirical data collection, which can be used to support the best possible fit between supply of real estate with the dynamic demand for accommodating people. The demand side is approached primarily from a user’s perspective.
The programme includes market analyses, research on performance
requirements and costs and quality of real estate (i.e. the product
side) and research into initiating, briefing, developing,
designing, constructing, and managing real estate (the process
side). Research is undertaken on three levels of scale: buildings,
stock (i.e. portfolio), and urban areas, with particular attention
Main research questions
The main research question is how development, design, management and restructuring processes take their course, and how processes and performance of utility buildings, dwellings, and urban areas can be improved. More specific questions are, for instance, what are the probable, possible and desirable interventions that will create the best possible match between supply and demand? What is the spatial impact of current and future trends, social, economical, demographic and technological? What is the best possible infrastructure for setting up and managing a multi-actor decision-making process for transforming real estate? How can we improve the transformation from rural to urban land (green-field development), and the redevelopment of inner city areas (brown-field development)? How can we improve public and private commissionerships?
Research methods used include architectural analysis, analysis
of accommodation strategies, policy and decision-making processes,
ex ante and ex post evaluation of buildings and urban areas,
stakeholder analysis, computer modelling and scenario techniques.
Knowledge and concepts are used from the building sciences, social
sciences and management sciences.
Research results include a model for designing a Corporate and
Public Real Estate Strategy in four steps, a conceptual framework
for managing the university campus, tools for transforming offices
into housing and other building conversions, and a participative
approach for the redevelopment of inner city station areas.
Furthermore, a theory has been developed of governance in an era of
increased complexity, with applications in inner city redevelopment
and managing the development of urban areas in the European
Port-City interface. In the field of design and construction
management, characteristics and challenges of collaborative design
have been analysed. An extensive literature review has been carried
out on risk management, followed up by empirical case studies at
three real estate development companies.
Department of Real Estate & Housing, Faculty of
Architecture, Delft University of Technology
Phone: +31 (0)15 278 4159
Fax: +31 (0)15 278 3171
Dr. Theo J.M. van der Voordt
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