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Recent years have seen a growth in the importance afforded to environmental issues, including the environmental aspects of property. One manifestation of this growth is the emergence of the Building Research Establishment Environmental Assessment Method (BREEAM) developed by the Building Research Establishment (BRE). Using a limited research vehicle, this paper examines the basic requirements for a BREEAM assessment and the skills required to undertake such an assessment. It compares these skills with those held by building surveyors and considers whether building surveyors are sufficiently well placed to offer BREEAM assessments as part of their portfolio of services. The conclusion is that BREEAM assessments do represent a potential market opportunity which merits consideration.

Ethical and environmental investment criteria, now known as socially responsible investment (SRI), are increasingly commonplace in the market today. Some investors have specifically set themselves up as ethical investors. Consequently, ethical considerations are a cornerstone of their investment policy. Many of the funding institutions have ethical investment arms, even where these are not their mainstream activity. Understanding the role of ethical investors, and their ethical considerations, within the property market would appear, therefore, to be of increasing importance to the property professions. The activities of funding institutions specifically marketing themselves as ethical and those not so doing are explored, using an in‐depth questionnaire, in order to determine what these environmental criteria are and the way in which they are considered. The results are placed in the context of property and property investment. It is concluded that a knowledge of ethical issues is advantageous for property professionals, especially when advising ethical investor clients.

The purpose of this research is to review the response of professionals involved in the letting and management of industrial buildings to the implementation of Part IIA of the Environmental Protection Act, 1990 which, has imposed a regime of “strict liability”, in terms of contamination, has implications for the owners, occupiers and managers of such properties and may be affecting rental and capital values of industrial premises. This research explores the current awareness of all parties to these changes.

The study reported in this paper examines current practices in the UK and identifies areas where changes may be required, or be desirable, in order to arrive at recommendations as to “best practice”. The work was undertaken in three phases, a questionnaire survey involving leasing and managing agents, real estate owners, lawyers and bankers; a consultation stage with representative organisations including the Royal Institution of Chartered Surveyors (RICS), the Environment Agency, British Property Federation, British Bankers Association, British Insurance Association, the Law Society and the Confederation of British Industry (CBI) and interviews with a representative sample of persons from the survey. This paper reports on the questionnaire survey phase.

The research identifies considerable variation in how professionals are responding to current environmental legislation. Many seem to leave “environmental” matters to the lawyers, or to rely on standard lease terms. The paper suggests areas for improving best practice.

The research was primarily concerned with aspects of lease management rather than with valuation but it has identified the need for further research in areas such as rent determination and assignment pricing.

The research has identified areas of practice in need of review by professionals in this field from which conclusions as to “best practice” have been drawn.

This paper utilises the findings from the largest‐ever national, omni‐sectoral survey into the impacts of ISO 9000 on UK business and specifically examines the real estate sector, contrasting the findings with those found for the larger universe. Analysis across all sectors shows that while companies’ expectations of ISO 9000 are not met in full, they are generally satisfied with the contribution made to their organisation. While the real estate sector differs in points of detail from the larger universe, statistical analysis indicates that there are no significant differences.

The purpose of this paper is to investigate the impact of different agency practice on agency fees, business efficiency, and housing market liquidity.

The paper studies the effect of sole and multiple agency practices on estate agent efficiency, housing market liquidity, and commission fee levels. The analysis uses the survey data from 2000 to 2006 to investigate the different agency practices across England and Wales and their effect on estate agency business efficiency, housing market liquidity, selling price, and fee levels.

The empirical analysis confirms that agency practice has a locality bias, that is, some regions are more likely to adopt sole agency practice than other regions. The estate agents with a sole agency practice charge a lower agency fee, help clients to achieve better selling price and are more efficient; whereas multiple agency practice facilitates liquidity in the housing market, but experiences higher fall‐through rate.

The research focuses on estate agent rather than consumers due to the limitation of the data based on a research project concerning transaction costs designed prior to this analysis.

There is little other research that investigates the residential estate agency practice and its impact on housing market in the past three decades in England and Wales. The findings are a useful guide for practitioners to better understand the issues associated with different agency practices and should enhance business efficiency and performance.

This paper examines the nature of property advice in fragmented local property investment markets using, as an exemplar, the retail sector in The Potteries conurbation. The views of major actors within the process, obtained from in‐depth interviews, are discussed and placed in context alongside the unique fragmentation to be found in The Potteries conurbation. The approaches to market analysis and understanding of locational decision making by local and national property agents are compared and contrasted. Evidence is found for the use of objective and detailed data gathering and modelling as well as the more traditional market empathy or “feel”. The potential role of a GIS for handling the information is also covered. The conclusion is that, while a GIS would improve awareness, knowledge and understanding of the retail locations vary and that this only strengthens the need for local experts.

The purpose of this paper is to propose an experiential entrepreneurship work-integrated learning (EE WIL) model recognising that the development of an entrepreneurial mindset enables graduates to manage their careers in uncertain labour markets. The model shows how students develop relationships with their professional community, and not only a few employers.

The pedagogical underpinning of the conceptual model, attributes associated with the entrepreneurial mindset and relationships between the student, professional community and university are explained, and illustrated through a case study at the University of the Sunshine Coast.

The EE WIL model enables students to develop agency through structured engagement with a professional community, facilitating the development of bridging social capital. Bonding social capital can be developed through intense, sustained interaction between students and their professional community.

WIL curricula should be scaffolded and directed towards developing sustained interaction and information sharing, underpinned by professional community norms. This approach enables students to develop an aligned professional identity and emotional attachment to the professional community. The experiential development of an entrepreneurial mindset enables students to solve career challenges, by viewing these as opportunities. Professional communities and universities both share the responsibilities of preparing the future graduate workforce.

The conceptual model draws on effectual entrepreneurship pedagogy and contributes to the WIL literature, showing that an entrepreneurial mindset can be cultivated experientially through an intensive, emotional and authentic learning experience.