Major policy decisions of the Minister of Infrastructure and Environment of the previously announced Action for vacant offices to address. Central to the message that banks, investors and developers must work together in a healthy office. The approach is developed along three pillars: 1.) The market focuses on dynamic transformation and redevelopment of vacant offices area pilots. 2.) The market focuses on the health of the office market by shifting the focus from quick wins to long-term commitment. 3.) Municipalities and counties ensure a balance between supply and demand for office locations through better regional planning and cooperation. In the months of March and September, the progress and the first results are presented.

Student apartments as real estate concept niche products in the property market. So far there are only a handful of developers and operators. Provide evidence for sustainable indicators to construction costs, management costs, returns and sale prices are not available. The development of student numbers and the forecast of future student numbers point to the attractiveness of the niche. Due to the high degree of specialization of the product and the market, but remain manageable. The analysis of the performance criteria on location, market and segment level has shown that from the perspective of the market players are different criteria for success. Generally, it should be noted that the dominant supply, demand and price situation of the market is considered the most important. Also plays in particular the competition to other providers or to the Student a crucial role in investment decisions. At the level of site-specific analysis of the student apartments for siting over the general location factors are seen as much more important. For example, easy access to higher education and to public transport is estimated more important than the living and quality of life of the urban district. Regarding the objects appearance features and modern technical building facilities are cited as success criteria. In the application part conducted comparison between cities of Leipzig and Erlangen with no clear trend can be derived. Both cities offer investors in student apartments, despite the diversity of markets, untapped potentials. Similarly, investors in the planning and development of new student apartments, the market saturation limit of the two cities take notice.

The purpose of this research is to better insights into the risks that construction management agencies are faced as a result of a shift from an obligation to achieve a specific result. This allows construction management agencies more responsible and informed manner the risks associated with a shift to a performance obligation taken. The main research question is: what risks there are tasks in the construction site, and which of these tasks with associated risks, an advisory construction management responsibly towards him pick up a shift from an obligation to achieve a specific result? The main question to be answered by a decision support tool to design for the selection of tasks with the associated risks on the basis of a performance obligation by a construction management can be performed. The result is an instrument which the relationships between the strategic characteristics and criteria, and tasks with associated risks indicated. This discusses the risks of individual components to check on the basis of a list of tasks in the construction process can be performed. After which tasks can be viewed with the associated risks by the construction management can be taken over. This is done by the possibilities and impossibilities of a further, but responsible shift towards an obligation of result view. For this purpose, during the entire study use is made of a risk management method on the basis of which the present risks gentificeerd, defined and can be controlled. This risk has been prepared following the literature method. It also uses information from the literature on contracts and construction (project) management. Also, from the field information is obtained by performing a number of case studies and by the use of the instrument is designed on a case.

This paper explains the development of a top-down method to check the plausibility of statistical surveys in relation to the real estate life cycle cost (LCC).

The concept of family office in terms of investing and managing property businesses.

The theory of automata and formal languages was devised in the 1930s to provide models for and to reason about computation. Here we mean by computation a procedure that transforms input into output, which was the sole mode of operation of computers at the time. Nowadays, computers are systems that interact with us and also with each other; they are non-deterministic, reactive systems. Concurrency theory, split off from classical automata theory in the seventies, provides a model of computation similar to the model given by the theory of automata and formal languages, but focuses on concurrent, reactive and interactive systems. This thesis investigates the integration of the two theories, exposing the differences and similarities between them. Where automata and formal language theory focuses on computations and languages, concurrency theory focuses onbehaviour. To achieve integration, we look for process-theoretic analogies of classic results from automata theory. The most prominent difference is that we use an interpretation of automata as labelled transition systems modulo (divergence-preserving) branching bisimilarity instead of treating automata as language acceptors. We also consider similarities such as grammars as recursive specifications and finite automata as labelled finite transition systems. We investigate whether the classical results still hold and, if not, what extra conditions are sufficient to make them hold. We especially look into three levels of Chomsky’s hierarchy: we study the notions of finite-state systems, pushdown systems, and computable systems. Additionally we investigate the notion of parallel pushdown systems. For each class we define the central notion of automaton and its behaviour by associating a transition system with the automaton. Then we introduce a suitable specification language and investigate the correspondence with the respective automaton (via its associated transition system). Because we not only want to study interaction with the environment, but also the interaction within the automaton, we make the interaction explicit by means of communicating parallel components, with one component representing the finite control of the automaton and one component representing the memory.

The theoretical approach advanced research projects at the TU Berlin in partnership with enterprises (including Hochtief, ECE, several banks, etc.), developed by Fraunhofer institutes and other universities (Bauhaus-University Weimar, University of Wuppertal). Topics of these projects include property rating, public private partnerships and benchmarking in real estate.

For leases, that fall fully of partly (except business parks) under the scope of the MRG (Act on Tenancy Law), a legal regulation dealing with tenant deposits was inserted into the MRG with effect as of 1st April 2009. Even if these rules, at first glance, only put the previous practice in relation to tenant deposits into words, on closer examination there are some notable differences. The legal reference to reclaim the tenant deposit via Non-Contested Proceedings has to be seen as a true innovation. Although this creates new questions that can only be resolved in the course of time, the regulation of tenant deposits can be seen as a step in the right direction.