Abstract
The repair and the renovation of lease office buildings are often changed from the initial master plan because condition of the material and equipment varies along with the environment and the circumstance. When the time to repair or renovate some parts of the building comes, the decision making can be classified into 2 patterns according to the categories of the owners. One is those who intend to hold buildings for long term, another is those who invest to real estate for revenue. The model of the decision making by these 2 kinds of owners is developed based on data of real lease office buildings in Tokyo under a property manager. The model can be also used to forecast owners' decision making of the repair and the renovation of lease office buildings.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callMore From: Journal of Architecture and Planning (Transactions of AIJ)
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
