Property Managers Confront Problems around the World
Article Abstract:
At the recent conference of the International Real Estate Federation in Jakarta, Indonesia, members heard a discussion of inadequate or poor development of metropolitan real estate, which is evidenced throughout the world. Social and legal problems of property management were highlighted. Government legislation can serve to make a property manager's organizational or administrative duties easier or harder, depending on its orientation. Indonesia itself has had a real estate boom for a decade or so, but lacks expertise in legislative and financial areas. Indonesia's government has solicited help in development from the private sector and foreign sources. A real estate boom in Venezuela has caused a better quality of life to inure, as in Indonesia. Property managers could be more effective if they were involved in the initial phases of planning. Venezuela's rent control act is analyzed. Norway is the only one of the Scandinavian nations with legal guidelines for property conversion.
Publication Name: National Real Estate Investor
Subject: Real estate industry
ISSN: 0027-9994
Year: 1984
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Politics Affect International Market
Article Abstract:
Western economics have become increasingly interrelated. The recent recession in the United States has affected real estate and money markets in many capitalistic nations. Ireland's economic situation continues to be troublesome. Real estate in the United Kingdom focuses on the London market and certain enterprise zones. Belgium has used up much of its office surplus. A contrast is drawn between the economic effects of recent elections in France and Germany, and the differing impact of centralized and diversified markets. Nations in the Pacific rim have reacted to world economics as well. At a recent conference of the International Real Estate Federation (IREF), property management problems were analyzed in light of social and legal frameworks. Representatives from more than forty nations attended. Hawaii is recovering from its recession. The real estate impact of high-tech development is analyzed.
Publication Name: National Real Estate Investor
Subject: Real estate industry
ISSN: 0027-9994
Year: 1984
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Syndicators Begin to Develop Own Projects
Article Abstract:
Several national real estate syndication firms will start to handle their own properties within the next few years. The DBG Property Corporation of New York City is currently assessing possibilities in New York, Arizona, Florida and Texas. There is a growing need for quality limited partnership programs. Increased competition in the market place has made it more difficult to locate promising properties. Many syndication firms are loathe to sell matured properties from their portfolios.
Publication Name: National Real Estate Investor
Subject: Real estate industry
ISSN: 0027-9994
Year: 1984
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