From Modelling Tools Towards the Market Itself ‐an Opportunity for Sustainability Assessment?

Kauko, Tom

doi:10.3846/1648-715x.2008.12.95-107

Cited by 10 publications

(4 citation statements)

References 20 publications

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“…Second, engagement with a double bottom line may refl ect a fi rm's concern for value systems related to sustainability (Kauko, 2008) or some form of corporate social responsibility; these companies are consciously placing a self-imposed restraint on their short-term profi tability. Property development companies have different motivations for developing a double bottom line.…”

Section: Resultsmentioning

confidence: 99%

Balancing product and process sustainability against business profitability: sustainability as a competitive strategy in the property development process

Bryson

Lombardi

2009

Bus Strat Env

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This paper explores the activities of two UK-based property development companies that have integrated sustainability into their business models as a source of competitive advantage in response to an evolving public sector sustainability agenda. These companies have combined different individual competencies and developed new routines and business practices that provide them with distinctiveness in the marketplace. These new routines represent entrepreneurial behaviour constructed around the identifi cation of profi table market niches based on values derived from incorporating sustainability into private sector business models. This incorporation requires the development of a framework for balancing sustainability and related value systems against more mainstream concerns with maximizing profi tability. This paper identifi es this framework and explores the ways in which these fi rms have developed a discursive formation of profi t and value that is used to balance the tensions that exist in a business model formulated around balancing a double bottom line.

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Section: Resultsmentioning

confidence: 99%

Balancing product and process sustainability against business profitability: sustainability as a competitive strategy in the property development process

Bryson

Lombardi

2009

Bus Strat Env

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“…However, the findings from Turcu's study suggest that housing market renewal across different English regions is dominated by an economic rather than social agenda. In fact, affordability could be defined as a subgroup of the generic category of 'economic' (rather than 'social') sustainability [48,49].…”

Section: Sustainable Rehabilitation Of Urban Housing Areasmentioning

confidence: 99%

Sustainable Urban Property Development and Neighbourhood Dynamics

Kauko¹

2010

TOUSJ

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Concerns about the sustainability of urban property development are increasing amid broader concerns of sustainable development and contemporary financial crisis. Central to the sustainability agenda are the physical, economic, social, and cultural features of the built environment, together with various institutional parameters therein. This is a review article on property development and neighbourhood dynamics with focus on three interlinked issues: property, neighbourhood and -as a category at the interface of these two topics -urban regeneration; and lastly, about methods and methodology to study such phenomena. The common denominator for these issues here is the location (urban renewal areas, neighbourhoods) in relation to property prices. The paper concludes with a suggestion for a .methodology to evaluate the sustainability of area-level property development activity.

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“…One way of navigating through this difficult terrain and avoiding some of the undesirable consequences that Bahrain has encountered is to develop an integrated plan for the real estate industry which will consider, in part, the meeting of sustainability criteria alongside the achievement of the higher level goals ( [24][25][26]). In this respect, sustainability is not the end goal itself of a program of real estate development, but a constraint; whose absence may limit the usefulness of a good program [27].…”

Section: Sustainable Development and Real Estate Construction-the Casmentioning

confidence: 99%

The Role of Real Estate in Sustainable Development in Developing Countries: The Case of the Kingdom of Bahrain

Mouzughi

Bryde

Al-Shaer³

2014

Sustainability

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Abstract:The construction of real estate has the potential to advance sustainability in terms of meeting economic and social criteria-the Business Case and the Societal Case. This is a crucial aspect in the stated visions and plans in many developing countries. Hence, it is important to understand how real estate can best contribute. Semi-structured interviews with a number of decision-makers involved in the real estate sector in the Kingdom of Bahrain were undertaken to explore perceptions of how the sector could best contribute to sustainable development. The decision-makers came from government bodies, investment banks, real estate developers, investors, constructors, project consultants and auditors. The interviews highlight the importance of having a stated vision and strategy which is highly visible and shared by all stakeholders. In the case of Bahrain this is Vision 2030 and the National Economic Strategy. It is important to ensure that any plans that are put in place to achieve the vision/strategy are adaptable to reflect changes in the external environment. The decision-makers identified three areas of focus in terms of the content of policy in order to meet the economic and social-related sustainability criteria as set out in Vision 2030 and the National Economic Strategy. These are: infrastructure, affordable housing and tourism/leisure. Within these three areas, that of infrastructure is OPEN ACCESS Sustainability 2014, 6 1710 also the key enabler for developments in the other two areas to be realized. In terms of a method of governance, the use of public-private-partnerships (PPPs) was identified as being highly appropriate. Such partnerships are not only useful to leverage private sector investment into specific development projects but also to ensure that such development harnesses innovative and efficient methods.

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From Modelling Tools Towards the Market Itself ‐an Opportunity for Sustainability Assessment?

Abstract: To cite this article: Tom Kauko (2008) From modelling tools towards the market itself -an opportunity for sustainability assessment?, International Journal of Strategic Property Management, 12:2, 95-107,

Cited by 10 publications

References 20 publications

Balancing product and process sustainability against business profitability: sustainability as a competitive strategy in the property development process

Balancing product and process sustainability against business profitability: sustainability as a competitive strategy in the property development process

Sustainable Urban Property Development and Neighbourhood Dynamics

The Role of Real Estate in Sustainable Development in Developing Countries: The Case of the Kingdom of Bahrain

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