Abstract
As investment in real estate has great influence on regional economics development it is important to evaluate real estate investment processes as a whole. For this purpose the model of real estate projects’ efficiency evaluation was developed and presented in this article. The proposed model is designed for alternative projects, variants selection, investment resources allocation as well as real estate value maintenance and enhancement problems solution. The model of real estate projects’ efficiency evaluation covers all the investment decision‐making cycle, the hierarchically‐structured projects’ evaluation criteria system, risk evaluation basing on stochastic dimensions as well as the mathematical methods adaptation for multiple criteria evaluation problems solution, risk assessment and adjusted mathematical methods is presented in this issue.
Highlights
Investments in real estate sector exist in all the life cycle stages of the economy
Each investor considers the problems of alternative projects selection, investment resources allocation, real estate value development, maintenance and enhancement
Different authors, analyzing investments and investments’ assessment, propose various methods of investment projects evaluation. They can be categorized as financial, risk assessment, multiple criteria evaluation and other methods
Summary
Investments in real estate sector exist in all the life cycle stages of the economy. Micro- and macroenvironment determines the risk levels and complexity of projects realization. Each investor considers the problems of alternative projects selection, investment resources allocation, real estate value development, maintenance and enhancement. Different authors, analyzing investments and investments’ assessment, propose various methods of investment projects evaluation They can be categorized as financial, risk assessment, multiple criteria evaluation and other methods. The main purpose of this article is to develop the improved algorithm for real estate investment projects‘ efficiency evaluation. The selection of appropriate model and methods can solve the problem of risk and uncertainty management in investment decision-making. This will guide to correct real estate investment directions and will lead to higher real estate investments quality as well as to value enhancement
Sign-in/Register to view highlights & summary Sign-in/Register to access full text options 
Free) 
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 call
