Journal of Financial Management of Property and Construction: Volume 23 Issue 2

Editorial

Gary D. Holt, Peadar Thomas Davis, Akintola Akintoye

A real option approach for the valuation of switching output flexibility in residential property investment

Kwabena Mintah, David Higgins, Judith Callanan

Uncertainties in residential property investment performance require that real estate assets are designed in a flexible manner to respond to impacts of market dynamics. Though…

Why do listed companies delist themselves voluntarily?: An empirical study of the Tokyo Stock Exchange and the construction and real estate industries

Yukiko Konno, Yuki Itoh

This study aims to analyse, from a corporate finance and governance perspective, the reasons why managers decide to delist their companies from a stock exchange. On the basis of…

Enablers of relational integrated value networks (RIVANS) for total facilities management (TFM)

Nayanthara De Silva, Nilmini Weerasinghe, H.W.N. Madhusanka, Mohan Kumaraswamy

The purpose of this paper is to identify enablers for setting up relationally integrated value networks (RIVANS) for total facilities management (TFM) as a holistic approach to…

Cost and time implications of abandoned project resuscitation: A case study of educational institutional buildings in Nigeria

Oluwaseyi Olalekan Alao, Godwin Onajite Jagboro, Akintayo Opawole

This paper aims to determine the effect of the period of abandonment on the final cost and duration of resuscitated tertiary educational building projects as a basis for enhancing…

Competencies expected of graduate quantity surveyors working in developing countries

Gayathri Yogeshwaran, B.A.K.S. Perera, M.R. Mahendrini Fernando Ariyachandra

Quantity surveying education in Sri Lanka (SL) presently does not appear to be catering to the industry needs indicating that it may not be up to the expected standard. Hence, the…

Motivations for adopting unsolicited proposals for public-private partnership project implementation: A survey of international experts

Robert Osei-Kyei, Albert P.C. Chan, Ayirebi Dansoh, Joseph Kwame Ofori-Kuragu, Emmanuel Kingsford Owusu

The purpose of this study is to explore the motivations of governments for adopting unsolicited proposals for public–private partnership (PPP) project implementation.

Opportunities and challenges of foreign direct investment utilisation and its impact on construction sector in developing countries

Solomon Olusola Babatunde, Oluwaseyi Alabi Awodele, Onaopepo Adeniyi

Foreign direct investment (FDI) inflows to both developed and developing countries have increased over the past three decades. However, investigation of opportunities and…