Building and Surveying Series – serie

This textbook brings together three important aspects of property investment - strategies for investment, markets and appraisal - and explains many difficult concepts in a readable and understandable way. The authors outline the developments in investment and finance theory that have had such an impact on the property investment sector. Concepts are explained with great clarity and worked examples are used to elucidate key principles where possible.This book is ideal for modules taught on third year undergraduate and postgraduate level in Property Investment, Property Funding, Property Management Estate Management, Land Management, Planning and Development Studies, Land Economics, Real Estate (value and management) and is also of interest to students of Architecture, Construction and Surveying.New to this Edition:- Thoroughly updated to reflect changes in government policy on sustainability, assessing the implications of sustainability for both residential and commercial property investment- Reflections on the reverberations of the credit crunch, considering the extent to which risk reduction techniques can mitigate against globally induced and volatile market swings- Greater prominence given to the growth of the buy-to-let market in residential property investment- A review of the key investment performance issues which have arisen from the introduction of Real Estate Investment Trusts (REITs)- Includes more worked examples and case studies

Designed to meet the needs of students in the Republic of Ireland who are studying building measurement on degree and equivalent courses in quantity surveying, building surveying and construction.- A new adaptation of a classic text written with exceptional clarity and authority- Describes and illustrates the measurement of building work in accordance with the Agreed Rules of Measurement 4 (ARM4)- Contains a careful selection of worked examples of taking off, accompanied by extensive explanatory notes, encompassing all the basic work sections of ARM4- Includes the measurement of foundations, walls, windows, doors, finishes, electrical installations, cold water services, external drainage and external works.

A comprehensive, up-to-date and illustrated exposition of building maintenance in all its aspects, to serve the needs of building surveyors and other professionals involved in this activity and building, surveying and architectural students. It shows the great importance of properly maintaining buildings and the advisability of providing adequate feedback to the design team. All the main building defects are described and illustrated and the appropriate remedial measures examined. Alterations and improvements to buildings and the specifying, measurement, pricing, tendering and contractual procedures are all examined, described and illustrated. In addition, the planning and financing, execution and supervision of maintenance work receive full consideration.

...a valuable contribution to the education of the surveying profession and fills a gap in the market. It will prove invaluable to part-time or external students who do no have the benefit of regular face-to-face contact with teaching staff.' Nick French, Journal of Property Valuation & Investment

This book is a comprehensive analysis of property investment and the market's determination of commercial property values and investment performance. The author examines the economic forces that operate in the property market by placing property in the context of the overall investment market and the local, national and international economies. Relevant concepts and principles of economics, investment and finance are identified; these are then used to explain the operation of the property market and property price determination. The text begins with a study of the stock market, identifying the principles and forces which explain the price determination of stocks and shares. These principles are then applied to commercial property investments and a simple theory is developed. The three major sectors of the property market (letting, development and investment) are then analysed in depth, and the pricing theory is reviewed. After an examination of the influence of government intervention, the subject is synthesised by detailed studies of three of the most turbulent periods in the history of the post Second World War property market in the UK. In this second edition, both the text and illustrative examples have been updated. The theory of the market's determination of rental values and yields have been substantially revised and developed. A new chapter, discussing the 1980s property boom and the 1990s collapse, has been added.

Intended for undergraduate and equivalent students of building, building surveying, construction economics and quantity surveying, this book gives an accessible and clear explanation of accounting terminology, concepts, practices and procedures. The book is divided into two parts. The first eight chapters deal with financial reporting and analysis, covering such topics as business finance, the financial position and the balance sheet, profit and loss, cash flow and the interpretation of financial statements. The second part consists of a further nine chapters on management planning and control practices. Here topics such as costs, overhead attribution, cost/volume/profit analysis and budgeting are discussed, among others.

For the third edition, the author has revised his popular text and enlarged the chapters on the valuation of freehold and leasehold interests, discounted cash flow techniques and methods of valuation. An additional chapter on computer applications has been provided. This is a valuable text for first stage valuation examinations for professional degree and diploma courses and includes fully worked examples and self-test questions.

Describes and examines the constructional techniques, choice and use of materials and the statutory requirements for domestic buildings. The text is generously supported by more than 60 pages of drawings and sketches. It is aimed at first and second year students in a wide variety of disciplines.

This revised and reset new fifth edition generally follows the structure of the previous edition, although some of the material of the earlier chapters has been rearranged, in addition to being updated and extended. A new feature of this edition is the allocation of a complete chapter to examining the problems of urban decline and renewal. Here the economic and social problems are discussed within the framework of current issues in urban policy, local government and planning. The book will appeal as a basic textbook for undergraduate students of estate management, land economics, building surveying and quantity surveying. It will be valuable to students taking degree or equivalent courses in urban economics, urban geography or town planning; it will also appeal to those preparing for RICS and RTPI examinations.

This comprehensively rewritten, updated and extended new edition of this established text focuses on what has become the most important single facet of the quantity surveyor's role - cost management. The scope of the book has been broadened to take account of the widening and more sophisticated cost management and control service that clients now require. The book examines the factors influencing building costs and how the precontract costs can be estimated, analysed and controlled, to ensure that buildings can be completed within the agreed budget and timescale, and be of acceptable quality, function effectively and provide value for money. A new chapter on value management has been added, together with an introductory chapter on cost modelling; the chapter on life cycling costing is extended, while the sections on energy conservation and occupancy costs are expanded. Throughout the text many new case studies, with supporting tables and diagrams, are included in order to enhance the value of this book to the student and the practitioner.

The text of the second edition of Applied Valuation has been completely revised and largely rewritten. As before, a selection of typical examination questions is presented, together with suggested answers, but additional questions have now been provided in each subject area. To aid the reader's understanding of underlying principles, the explanations accompanying each suggested answer, as well as the introductions to each section, have been greatly extended. Questions and answers are arranged separately in subject areas, with a chapter devoted to each.

This book deals with the economics of construction at three levels: the industry, the firm and the project. It is intended for a broad range of undergraduate students of the built environment - architect, surveyor, engineer. It is divided into three parts: the first deals with the construction industry, its economic development, structure and role in the economy. Construction is seen as a production process. Part 2 covers the practical management of firms and examines costs, revenues and markets from the point of view of economists and managers. Part 3 deals with strategic decision making involved in property development and project appraisal and looks at feasibility studies. It links the economics of the production process of construction to the economics of its output, namely the buildings and structures of the built environment.

Intended for advanced students and practitioners this book gives an up-to-date presentation of property management as practised by a leading company, BAA plc. A key aim of the book is to show the benefits to be obtained from building a business culture based on service to the customer. This may be achieved by due attention to communication, leadership, measurement, benchmarking and accountability.

This second edition of Building Procurement has been revised to take into account recent developments in procurement, such as the Private Finance initiative, as well as some of the recommendations in the Latham Report and its working groups. The author sets out the basics of the building process, the principal players, along with general conventions and background information on building contracts and conditions of appointment for consultants. Fourteen case studies, based on real projects principally from the author's experience, are included to illustrate the progressive nature of procurement in practice. Examples of good and bad procurement decisions are given in the studies, with a postscript and comment on the reasons for success or failure.

This book covers the whole range of marketing principles, skills and knowledge that the modern construction manager - from whatever discipline or profession within the industry - requires to generate effective and profitable business. While aimed primarily at students in the later years of degree, diploma and professional courses, it will also appeal to students in related disciplines and those following postgraduate and post-qualification courses.The approach underlines the importance of adopting a proactive attitude towards the marketing of a company's services in the construction industry. It reflects the reality of the transformation that has taken place over the past twenty years where there has been a shift from a highly protected domestic industry to an unprotected global industry.The already huge and increasing pool of expertise in the field means that there is much greater choice available to clients and and potential clients. The choice of contractor is therefore going to be made increasingly on the basis of factors other than pure expertise. Therein lies the importance of marketing. Factors such as price, quality, value, volume, time, client satisfaction and confidence all come into play - and these are presented and differentiated through marketing.The book covers all the principles of marketing, including strategy, marketing campaigns, product and service, price, promotion, access and research. It also deals with client perceptions, confidence, expectations and understanding. The critical question of operating in a fully globalised industry is also addressed.

A long established text that aims to meet the needs of students studying building measurement in the early years of quantity surveying and building degree courses. It contains a careful selection of 28 worked examples embracing all the principal building elements and including alternative constructional methods to illustrate a range of approaches.

Facilities management (FM) is the growth profession for all concerned with the management of premises and the assets within them. It represents a field of activity beyond the design, procurement and furnishing of buildings into the skills of managing the use of a facility and how it evolves and develops in response to the changing demands of the occupier.In this revised edition changes have been made to several chapters and two additional chapters have been added: one dealing with the management of the property portfolio and the other presenting a range of practical case studies.The growing awareness of environmental issues and the drive towards conservation and sustainability of resources emphasises the importance of effective facilities management for all those studying and working in the built environment. This book will therefore appeal to both students and practitioners.

Construction Law explores the general principles which govern civil liability for the design and construction of building works. Essentially it is concerned with three key questions which arise in the event of the design or construction proving defective:(i) who can be sued;(ii) who can sue; and(iii) what remedies are available to the injured party.The author takes a wide view of the subject by placing it in the context of developments in problematical areas of the common law. Particular emphasis is placed on liability in negligence for defective buildings and on the doctrine of privity of contract and their implications for the extent of the liabilities of contractors, subcontractors, design professionals and surveyors.This new edition contains a new chapter on the Unfair Terms in Consumer Contracts Regulations 1999 and their implications for construction law, discussion of the Contracts (Rights of Third Parties) Act 1999 and consideration of land mark decisions of the UK and Commonwealth courts governing construction liability.New to this edition:- A new chapter on the Unfair Terms in Consumer Contracts Regulations 1999 and their implications for construction law- Discussion of the implications of the Contracts (Rights of Third Parties) Act 1999 for construction liability- The impact of recent land mark decisions of the House of Lords on construction liability- Discussion of recent decisions of the Commonwealth courts in the area of negligence and defective buildings- The proposals of the Latham report and of the Law Commission's study of joint liability

This book analyses and comments on the JCT Standard Form of Building Contract, 1998 edition, on a clause-by-clause basis. It has been fully updated to reflect the changes made since the 1980 edition, including the changes brought about by the new practice directions, and the substantial development in the area of dispute resolution.A new background section describes the recent history of the JCT, and in particular the developments since Latham and Egan. This edition also introduces a table of cases, and features legal cases and precedents, emphasising the recent case law.

The third edition of this popular textbook offers a comprehensive and student-friendly exploration of the application of property valuation and appraisal techniques. Thoroughly revised and re-structured, it covers topics including risk, residential lease extensions, enfranchisement and cash flows.  The text explain the theory concisely but at the same time seeks to show the application of different techniques in the contexts which are often encountered in practice.Detailed yet accessible, Property Valuation Techniques is ideal reading both for second and third year undergraduates; for postgraduates, both those new to the subject and those looking to extend their knowledge; and for practitioners who are not valuers but require some familiarity with the vocabulary, principles and application of the valuation toolkit or who are looking to refresh and develop their understanding of property valuation.New to this Edition:- Provides more material on sustainability in relation to property value- Revised and extended learning features and more worked examples to make the book even more user-friendly

The fully revised and updated third edition of this textbook provides a comprehensive guide to the property development process, taking readers from initial project evaluation to planning, funding, construction and disposal.  The last ten years have seen regional planning apparatus swept away and replaced by new neighbourhood plans and more prominence is now given to financial viability in planning policy and decision making. The uncertainty of the financial crisis and the associated housing crash have given way to a new wave of commercial and housing development, and in this period of growth it is more important than ever to be aware of the risks and opportunities inherent in the property market. This book is an ideal companion for students on courses in estate management, land economics, property development, real estate, surveying, construction, planning and related subjects. The book will also have value for practitioners in any of these fields who as part of their CPD obligations may be looking to refresh and update their knowledge. New to this Edition:- New chapters on planning and the sustainability agenda, reflecting recent changes and the increasing centrality of these topics in modern development- Exploration of crucial emerging themes such as development viability and affordable housing, the impact of the Community Infrastructure Levy, sensitivity testing, risk transfer and the limitations of development appraisal methods- New self-assessment questions with model answers on the book’s companion website

Now in its fourth edition, this textbook confronts many of the major problems which can arise in claims situations. It employs a systematic approach and is supported by extensive reference to UK and international case law. The negotiation and settlement of claims is an essential – but often overlooked – element of the construction industry, and this troubleshooting guide can help construction professionals, students and contractors to protect themselves against costly claims. Helpful explanatory diagrams make this book an indispensable resource for tackling various types of claims both in the UK and internationally. This text is the essential guide for construction professionals, contractors, undergraduate and postgraduate students alike.  It will save professionals and contractors time and money and will prepare students for the reality of the construction industry.New to this Edition:- Chapter 1 revised to limit historical material and allow space for comment on the development of construction law, particularly in the field of extensions of time and ‘time at large’- Includes expanded and clarified sections forming new individual chapters on claims for time and claims for money- Updated with the results of recent landmark rulings in cases such as Walter Lilly & Company Limited v. Giles Patrick Cyril Mackay & another and Osbrascon Huarte Lain SA v. Her Majesty’s Attorney General for Gibraltar