... of Saudi Arabia. A reliable overall response rate of 50 percent was achieved. Findings The most important factors affecting the operating and maintenance cost of five-star hotels are “climatic conditions” followed by “availability of the materials,” “annual energy consumption rate,” and “efficient...

..., and covers various aspects of the apartment industry, including financing and operational cost measures. Control variables used as independent variables include number of units, year of property acquisition, and age of building. Findings Individual ownership and self-management proved to be statistically...

... were completed. Nevertheless, transformations do not take place on a large scale. High building costs are the main reason. Hence, new office developments should anticipate future programmatic transformation. This paper seeks answers to the questions: Is it possible to anticipate future programmatic...

... problem of managerial discretion, this paper employs the event‐study methodology and regression analysis to empirically verify the hypothesis. Findings The empirical results show that the stock market responds more favorably to arm's‐length corporate real estate sales by low agency‐cost firm‐years...

... Occupancy cost plan for offices Keywords: Offices, Costs The total buiIding occupancy costs of offices can exceed £10,000 per 100m² of floor area per annum. The latest BMI Special Report estimates the total occupancy costs of two air-conditioned office buildings over a 20...

... it heartily. © MCB UP Limited 2000 --> Office service charges Costs The 1999 Office OSCAR Keywords: Office service charges, Costs Jones Lang LaSalle issued its 1999 Office OSCAR (Office Service Charge Analysis Report), which reveals a national rise in costs above...

... © MCB UP Limited 1998 --> Building maintenance Costs Building maintenance information Keywords Building maintenance, Costs Total expenditure (BMI Special Report 264: The Economic Significance of Maintenance ­ Maintenance Expenditure 1980-1996, available...

... © MCB UP Limited 1998 --> Building maintenance Costs Inflation Maintenance cost inflation set to rise Keywords Building maintenance, Costs, Inflation The annual rate of maintenance cost inflation is forecast to rise above the level of general inflation over...

... Total average costs per ft² for air-conditioned buildings fell by 7 per cent compared with 1996 and now stand at £4.94 per ft² (£53.31 per m^{2). For non-air-conditioned buildings, aggregate costs fell by 2 per cent on average to £3.52 per ft2 (£37.94 per}...

...B.J. Varcoe Reviews the techniques of performance measurement and benchmarking in the context of the performance of facilities‐oriented costs. States that performance measures should relate to: quality, delivery, cycle time, and waste. Concludes that it is important to place benchmarking...