Optimal database design for the storage of financial information relating to real estate investments

Abstract

Purpose

The purpose of this paper is to examine state of the art data storage methods of real estate investment data.

Design/methodology/approach

It analyses the process of real estate investment in order to classify and characterize the data it generates. Appropriate literature review is provided.

Findings

The results show that a relational database is the most appropriate database management system type for real estate related data.

Practical implications

Appropriately structured and modelled data flow can improve the design of the real estate investment process. It is also concluded that adopting an optimal design of IT-solutions could improve informational and operational efficiency of the industry.

Originality/value

The subject of this paper lacks sufficient coverage. Popular database management systems are presented and analysed in the context of their suitability for the real estate industry.

Citation

Trofimov, S., Szumilo, N. and Wiegelmann, T. (2016), "Optimal database design for the storage of financial information relating to real estate investments", Journal of Property Investment & Finance, Vol. 34 No. 5, pp. 535-546. https://doi.org/10.1108/JPIF-05-2016-0029