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1 – 10 of over 19000Francesco De Luca, Raimo Simson, Hendrik Voll and Jarek Kurnitski
Electric lighting accounts for a large share of energy consumption in commercial buildings. Utilization of daylight can significantly help to reduce the need for artificial…
Abstract
Purpose
Electric lighting accounts for a large share of energy consumption in commercial buildings. Utilization of daylight can significantly help to reduce the need for artificial lighting, increase workers productivity, customers’ satisfaction and consequently improve sales. However, excessive use of glazing and absence of lighting controls can contribute greatly to higher energy need for heating and cooling and cause undesired glare effects. Thus, optimizing the size, position and materials of external glazing, with the addition of deflectors and dynamic artificial lighting, can become key aspects in the design of sustainable low energy buildings. The purpose of this paper is to analyze daylight potential and energy performance of a hall-type commercial building, situated in the cold climate of Finland, by utilizing different combinations of skylights, windows and lighting controls.
Design/methodology/approach
The authors have used computer simulations to estimate daylight and energy performance of a single floor commercial building in relation to various combinations of skylights and windows with variable glazing materials, light deflectors and zonal lighting controls.
Findings
The results show that electric light energy saving potential ranges from a negligible 1.9 percent to a significant 58.6 percent in the case of glass skylights and wall windows using multi-zone lighting control. Total delivered energy ranges between increase of 1.5 and 21.2 percent in the cases with single zone lighting control and between decrease of 4.5 percent and increase of 4.5 percent in the cases with multi-zone control. The highest decrease in primary energy consumption was 2.2 percent for single zone and 17.6 percent for multi-zone lighting control. The research underlines the significant potential of electric light energy savings using daylighting strategies that, including the control of direct solar access for glare and internal gains, can be more than 50 percent.
Originality/value
This research combines accurate daylight and energy assessment for commercial hall buildings based in cold climate region with multiple design variations. The novelty of this work is the consideration of interior elements, shelves and deflectors, in the calculations. This is made possible through the combined use of validated simulation platforms for detailed annual daylighting and electric lighting calculation (Radiance and Daysim) and energy analysis (IDA-ICE, Equa Simulation AB). This method allows to obtain a reliable assessment of the potential of using natural light sources in buildings.
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Terence Y.M. Lam and Malvern Tipping
Sale-and-leaseback has become an increasingly common approach during the last two decades in the investment of high street banks (banking-halls) in the UK. One measure commonly…
Abstract
Purpose
Sale-and-leaseback has become an increasingly common approach during the last two decades in the investment of high street banks (banking-halls) in the UK. One measure commonly used in making property investment decisions is the all risks yield (ARY) which is associated with the level of rental income. Investors and their advisors need to know which factors are likely to result in the highest ARY when assembling investment portfolios of such properties. The purpose of this paper is to identify those yield influences.
Design/methodology/approach
A qualitative multiple-case study was adopted. A literature review generated a hypothesis which was tested by a qualitative study, based upon semi-structured interviews and a questionnaire, to establish the influencing factors. Expert interviews were held with the heads of those three major auction-houses dealing with auctions of all retail bank premises in the Great Britain market, whilst the questionnaire survey involved investment professionals from within the auction-houses.
Findings
The study confirmed that the four factors influencing yields and investors’ decision-making when purchasing retail banking premises were tenant banking company (brand names), regional location (north and south super-regions), lot size (hammer price), and tenure (freehold or leasehold).
Research limitations/implications
This investigation focuses on Great Britain’s geographical and political area which includes England, Scotland and Wales, but excludes Northern Ireland. This research focuses on banking-halls as a sub-class of retail property investment. The findings form a baseline upon which further research can be conducted on other sub-types of retail property such as high street shops and retail parks. The results will also underpin the development of a quantitative yield predictive model based on regression analysis.
Practical implications
To maximize the returns on property investments, investors and their professional advisors can use those factors having the greatest influence on yields to make informed investment decisions for the building of property portfolios.
Originality/value
As a sub-sector, bank premises do not necessarily correlate to the generic retail sector. This research consolidates the broad systematic drivers of retail yields into specific factors influencing the ARY of banking-halls. The findings provide better understanding of an active but sparsely analysed sub-market of banking hall investments, and by so-doing help investors to maximize their investment returns.
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The purpose of this paper is to argue that changes in urban retail markets in the first half of the nineteenth century should be viewed as significant innovations in retailing…
Abstract
Purpose
The purpose of this paper is to argue that changes in urban retail markets in the first half of the nineteenth century should be viewed as significant innovations in retailing methods.
Design/methodology/approach
Retail innovation is set in the context of urban growth, changing consumer demand and product availability. A brief review of the literature leads into a discussion of innovation in non‐shop retailing and of the need for markets to adapt to a changing context. Evidence from local authority archives, particularly Stockport and Birkenhead in Cheshire, is used to explore this in more detail, including the construction of purpose‐built market halls.
Findings
Markets remained pivotal to the supply of food and some other goods. They offered a familiar yet controlled and safe environment. But market halls represented a significant innovation in terms of their size and of the money and civic pride invested in them. Local context, including ownership of market rights, was important in determining how markets adapt to urban growth.
Research limitations/implications
Business records of market traders tend not to survive from this period; so, findings have to be derived from more indirect sources. The need for further research into local authority archives is indicated.
Originality/value
The first half of the nineteenth century is a relatively neglected period in recent retail history research. The paper draws attention to innovation in this period. It provides local context for innovations like market halls that are well documented at a general level, but less well researched locally.
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Compiled by K.G.B. Bakewell covering the following journals published by MCB University Press: Facilities Volumes 8‐18; Journal of Property Investment & Finance Volumes 8‐18;…
Abstract
Compiled by K.G.B. Bakewell covering the following journals published by MCB University Press: Facilities Volumes 8‐18; Journal of Property Investment & Finance Volumes 8‐18; Property Management Volumes 8‐18; Structural Survey Volumes 8‐18.
Index by subjects, compiled by K.G.B. Bakewell covering the following journals: Facilities Volumes 8‐18; Journal of Property Investment & Finance Volumes 8‐18; Property Management…
Abstract
Index by subjects, compiled by K.G.B. Bakewell covering the following journals: Facilities Volumes 8‐18; Journal of Property Investment & Finance Volumes 8‐18; Property Management Volumes 8‐18; Structural Survey Volumes 8‐18.
Compiled by K.G.B. Bakewell covering the following journals published by MCB University Press: Facilities Volumes 8‐18; Journal of Property Investment & Finance Volumes 8‐18;…
Abstract
Compiled by K.G.B. Bakewell covering the following journals published by MCB University Press: Facilities Volumes 8‐18; Journal of Property Investment & Finance Volumes 8‐18; Property Management Volumes 8‐18; Structural Survey Volumes 8‐18.
Compiled by K.G.B. Bakewell covering the following journals published by MCB University Press: Facilities Volumes 8‐18; Journal of Property Investment & Finance Volumes 8‐18;…
Abstract
Compiled by K.G.B. Bakewell covering the following journals published by MCB University Press: Facilities Volumes 8‐18; Journal of Property Investment & Finance Volumes 8‐18; Property Management Volumes 8‐18; Structural Survey Volumes 8‐18.
Peter Jones, David Hillier and Daphne Comfort
This paper offers two short case studies with the aim of showing how two local authorities are tackling the problems of the decline of market halls and covered markets within UK…
Abstract
Purpose
This paper offers two short case studies with the aim of showing how two local authorities are tackling the problems of the decline of market halls and covered markets within UK towns and cities.
Design/methodology/approach
The paper begins with an outline of the origin of market halls and covered markets and a review of the reasons for their recent decline. These two sections provide the contextual framework for the case studies of the Grainger Market in Newcastle and the Market Hall in Chester. The paper draws its empirical material from planning documents posted on the world wide web by the two respective local authorities and by visits to both markets.
Findings
The Grainger Market has been facing a number of problems relating to environmental quality, the failure to modernise the retail offer and poor relationships between the market traders and the local authority. A phased refurbishment programme and the introduction of a more active management style are bringing a greater sense of vitality to the market. Chester City Council have made application to close the market hall as part of a wider central urban redevelopment plan and here the focus is to the construction of a spacious new market in a high profile location. While the two case studies offer illustrative examples of attempts to revive market halls and covered markets it remains to be seen to what extent their refurbishment and redevelopment can play a key role in enhancing the viability and vitality of town and city centres.
Originality/value
The paper provides an accessible case study review of the ways in which local authorities in the UK are looking to address the decline of the market halls and covered markets that were once a dominant feature of the urban retail structure in many towns and cities.
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Index by subjects, compiled by K.G.B. Bakewell covering the following journals: Facilities Volumes 8‐17; Journal of Property Investment & Finance Volumes 8‐17; Property Management…
Abstract
Index by subjects, compiled by K.G.B. Bakewell covering the following journals: Facilities Volumes 8‐17; Journal of Property Investment & Finance Volumes 8‐17; Property Management Volumes 8‐17; Structural Survey Volumes 8‐17.
Compiled by K.G.B. Bakewell covering the following journals published by MCB University Press: Facilities Volumes 8‐17; Journal of Property Investment & Finance Volumes 8‐17;…
Abstract
Compiled by K.G.B. Bakewell covering the following journals published by MCB University Press: Facilities Volumes 8‐17; Journal of Property Investment & Finance Volumes 8‐17; Property Management Volumes 8‐17; Structural Survey Volumes 8‐17.