Barometer for municipal real estate: developments from 2008 until 2015

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    Abstract

    The purpose of this study is to show how local authorities (municipalities) deal with their community real estate. The study is an annually recurring research: every year since 2008 (except for 2013), Dutch municipalities have been asked to complete a questionnaire about how they manage their real estate. With these results it is possible to perform quantitative analyses on both trends and the current situation. The questionnaire responses have led to the following conclusions: (1) Half of the municipalities has a policy but takes few risk measures, (2) Withdrawing local government, (3) Management and operations most outsourced tasks, (4) Obstacles remain unchanged, (5) Cost reduction most relevant policy theme since 2009, (6) Relevance of some policy themes depends on municipality size, (7) More real estate is offered, smaller percentage is sold, 8) More FTEs for real estate management, especially executive tasks and (9) Conscious focus on quality. Dutch municipalities tune their new developments of the municipal real estate policy to the results of the Barometer for Municipal Community Real Estate. This leads to a further development of professionalism of the municipal real estate portfolios. The contribution to science is showing patterns of community real estate management at Dutch municipalities. A longitudinal study of this size on this subject is unique in The Netherlands.
    Original languageEnglish
    Title of host publicationBook of proceedings
    Subtitle of host publication23rd Annual European Real Estate Society Conference
    PublisherERES
    Pages490-504
    Publication statusPublished - 2016
    Event23rd Annual European Real Estate Society (ERES) Conference 2016 - IRE|BS International Real Estate Business School, University of Regensburg, Regensburg, Germany
    Duration: 8 Jun 201611 Jun 2016
    Conference number: 23rd
    http://eres.org/index.php/annual-congress

    Conference

    Conference23rd Annual European Real Estate Society (ERES) Conference 2016
    Abbreviated titleERES 2016
    CountryGermany
    CityRegensburg
    Period8/06/1611/06/16
    Internet address

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    Keywords

    • real estate
    • municipalities

    Cite this

    van den Beemt, A., & Veuger, J. (2016). Barometer for municipal real estate: developments from 2008 until 2015. In Book of proceedings: 23rd Annual European Real Estate Society Conference (pp. 490-504). [224] ERES.