Estate management project topics and materials in nigeria. But unless authorities stop turning a blind eye, the longterm costs to nigerias economy and dubais reputation could be high. Management indicates the need of real estate to be cared for and monitored, with accountability for and attention its useful life and condition considered. The objectives of property investment include ensuring that maximum returns are derived in the form of rents or. Household waste management practices in nigeria myschooltrick. The objectives of property investment include ensuring that maximum returns are derived in the form of rents or service delivered or both. This research will focus on current international practices for the effective management of public sector property assets. When a risk such as this is identified, there are three ways in which it can be addressed. These units can be helpful in generating income to contribute toward the mortgage of what appears. No other independent service provider has brolls expertise and track record when it comes to property management in south africa.
Impact of environmental degradation on agricultural. Download complete project materials on household waste management practices in nigeria from chapter one to five with references and abstract. Department of business administration and management technology, lagos state university, p. The study also identified technical skills and other management skills and strategies required for tackling the challenges. Dec 16, 2018 this is the files and records part of the property management function. Sustainable property management practice in nigeria by. Findings the nigerian culture does limit the usefulness of western management practices in the workplace. Part 1 property management in nigeria free download as word doc. Proceedings of international research conference on sustainability in built 2010. Public residential property management is the operation, control, and oversight of real estate as. Department of estate management, school of environmental studies college of science and technology covenant university, ota ogun state nigeria email.
List of estate management project topics, research materials, guidelinesideas and works for final year undergraduate students in nigerian universities polytechnics. Meticulous records for accounting and taxes are a must. As the number of laws and severity of punishment governing records management continues to increase, it becomes even more paramount that organizations follow best practices for proper records management. Certain reporting requirements must be met for all of them. Its essential reading for anyone who wants to stay current and competitive across asset classes. Other attributes that increase or decrease the amount that users are willing and able to pay in an open. Property management is the operation, control, maintenance, and oversight of real estate and physical property. This can include residential, commercial, and land real estate. This industryleading magazine for real estate management professionals keeps you on top of the latest news, property management trends, and management techniques. Project management practice in nigerian public sector an empirical study olateju, olawale i. Most of the relevant empirical studies that one is aware of have been conducted in countries such as the uk, and even there, the studies have been few and preliminary. An investigation of the efficiency in nigeria real estate. In addition to being property management agents for a portfolio of bluechip corporate and industrial property buildings, broll is one of the few facilities management companies responsible for the daytoday operation and care of prestigious. Aug 03, 2019 household waste management practices in nigeria uthman saheed august 3, 2019 estate mgt project topics and materials download complete project materials on household waste management practices in nigeria from chapter one to five with references and abstract.
Audu auditorium, federal polytechnic, bauchi, nigeria problems and prospects of public property management a case study of national industrial court, abuja, fct. Taxes on land and property have both fiscal and nonfiscal. This paper aims to evaluate the problems of commercial property management practice in nigeria. An investigation of the efficiency in nigeria real estate agency practice iroham c. Property portfolio performance and management practice in. This paper examines the degree of preparedness of the nigerian estate surveyors and valuers to sustainable property management practice in response to the challenges and benefits of the practice in advanced countries. Public residential property management is the operation, control, and oversight of real estate as used in its most broad terms. A part of risk management is a determination of risk versus reward.
Data for the study were obtained from property managers in licensed estate. Managers as leaders in the organisation are faced with a changing environment where they have to work through others to achieve organisational objectives. Accounting practices and performance of oil and gas industry. Environmental degradations, strategies and effective. Understanding what good property management is will help you determine remedies for poor property management. A survey research design was adopted and copies of questionnaire were administered on 40 top and middle management staff of the company, using simple random. This study evaluates the effect of project management on the performance of a construction firm in nigeria using blackstone construction industry as a study area. Introduction following this brief introduction, part ii of this paper sets out briefly the rationale for taxing land and property, both as a source of local government revenue and in terms of its effects on efficient land use. Surveying firms and 91 property development companies in the. Good asset management is concerned with the effective utilisation of a property owner. Part 1 property management in nigeria real estate appraisal. Pdf sustainable property management practice in nigeria. A nation like nigeria therefore has more to gain with the introduction and embracement of green buildings and sustainable property management practice.
Property management or real estate management is an asset care process that ensures your property is cared for the way you would, even in your absence. Broll property groups commitment to proactive portfoliobased property management through planned building lifecycle maintenance, utilities management and use of technology is focused entirely on unlocking the true potential and longterm value of clients properties. It does not confine itself to uk theory and practice but aims to be an. Download free recent estate management project topics and materials with already available chapters 1 to 5 in nigeria. Property management practice in nigeria, lagos, pelin limited. Department of estate management, school of environmental studies college of science and technology covenant university, ota ogun state nigeria. Property management is about managing your property in such a way that the look and feel of the property is maintained even decades after the property was built.
Assessment of property management practices in nigeria. List of property management companies and services in lagos nigeria. We maintain a rich portfolio of both commercial and residential clients and currently have several hundred square meters of real estate under management. Tenant eviction in property management practice in ilorin metropolis. Pdf a study of facilities management practice in nigeria. Impact of environmental degradation on agricultural production and poverty in rural nigeria. Risk management in real estate what keeps real estate managers up at night. How you manage your property today has a great impact on its value tomorrow. The importance of this function in a law enforcement agency cannot be overstated. May 28, 20 nevertheless, the royal institute of chartered surveyors rics was formed in the year 1946 which gave rise to the formation of the nigerian institute of estate surveyors and valuers niesv board in 1962 which serves as a board for guiding and regulating the practice of estate management professional in nigeria, they formulated laws, regulates and monitors the practice of estate management. An empirical study article pdf available march 2009 with 1,689 reads how we measure reads.
Learn best practices and gain insights into how you can tap the power of oracle hotel property management systems. It also outlines tools and resources a community can use to be more proactive in property management. The paper examined the application of the project management practice in public sector in nigeria. Nigerian land tenure system since the lua was promulgated in 1978. A good example is a hot tub or swimming pool on the property. Federal, state and local governments all have some jurisdiction over real estate property management activities. Nevertheless, the royal institute of chartered surveyors rics was formed in the year 1946 which gave rise to the formation of the nigerian institute of estate surveyors and valuers niesv board in 1962 which serves as a board for guiding and regulating the practice of estate management professional in nigeria, they formulated laws, regulates and monitors the. In a bid to broaden the understanding of the real estate investment decisionmaking framework, the purpose of this paper is to examine the real estate asset allocation.
The property manager and owner must balance the value of the pool with the risks incurred. Underpinning our work is a commitment to knowledgebased. The estate surveyor and valuer, journal of the nigerian institution of estate. Evidence from nigeria benjamin gbolahan ekemode, abel olaleye. The applicability of management theories in nigeria.
The problem of poor management of public residential properties is a global phenomenon and the severity of the problem differs from one nation to another. Good property management should be supported by an efficient, readily available income base complemented by a strong knowledge management process. This is a concept that broll fully understands, and it underpins how we manage your property portfolio. Assess the differentiated effect of existing land laws and practices on nfpa codes standards pdf men and women in. No study has yet examined the role perception of estate management professionals in facilities management in nigeria.
Sustainable development in nigeria, rural poverty, resource management, agricultural production, environmental degradation and poverty. Pdf this paper examines the degree of preparedness of the nigerian estate surveyors and valuers to sustainable property management. The pm lifecycles, tools and techniques were presented. Asset allocation decisionmaking practices of institutional real estate funds in a developing economy. The application of project management pm tools and techniques in public sector is gradually becoming an important issue in developing economies, especially in a country like nigeria where projects of different size and structures are undertaken. Willco is a clientcentric property servicing company that provides a broad range of cost effective management solutions to a variety of clients. Pdf property management is a part of estate management and very essential in the lifecycle of properties in order to ensure value for money.
In nigeria, not enough researches have been carried out by scholars on the effect of accounting practices on the performance of oil and gas companies. Real estate property management involves an understanding of operating expenses and budgeting. Jul 18, 2019 a part of risk management is a determination of risk versus reward. List of property management companies and services in nigeria. Sustainable property management practice in nigeria. The motherin law unit is an apartment thats attached to or contained within a house. The effects of land use act on housing and property development in nigeria. An evaluation of the problems of commercial property management. This thesis will study the international practices of asset management of public sector assets and assess the effectiveness of tamm. This study therefore examined land acquisition and use in nigeria within the context of food and livelihood security. Do the land use management practices, condition and circumstances prevailing in the country permit the kind of policy introduced and what are the situational factors that hinder effective or efficient management of land use in developing societies such as nigeria.
Property management is a part of estate management and very essential in the lifecycle of properties in order to ensure value for money. Urban land use planning, policies and management in sub. Land acquisition and use remain a critical issue of great policy relevance in developing countries such as nigeria. Accounting practices and performance of oil and gas.
The result revealed that time scheduling management 0. Property management real estate management lagos nigeria. Dmitri tsopanakos senior manager audit advisory deloitte i read this in the paper the other day. Property management covenant university repository. Management of residential commercial and industrial properties, selection of tenants. Effects of project management on the performance of a. The chapter used secondary data obtained from the world bank website, national bureau of statistics nbs and other sources. In recent years, the management of property assets has become the focus of many organisations, including the nonreal estate businesses. Our industry resources and pioneering research are a treasure trove of information that accelerates innovation. Introduction to property management 7 selfcheck 1 at the end of each section of introduction to property management,youll be asked to pause and check your understanding of what youve just read by completing a selfcheck exercise. Property management nigeria list of nigeria property. Intrinsic factors arise from within the nature of the property itself and relate to the physical attributes, including size of room, state of repair, decoration, and facilities.
For nigerias corrupt political elites, dubai is the perfect place to stash their illgotten gains and enjoy luxury real estate worth millions. The overall objective of this article is to examine the management practices and problems in india and nigeria. Hotel property management system resources hospitality. A study of facilities management practice in nigeria. A compliant records management program is necessary for organizations to proactively and progressively manage all data, media and information. However, the researcher is seeking to examine the challenges of management of public residential property in nigeria.
Property management is the administration of residential, commercial andor industrial real estate, including apartments, detached houses, condominium units and shopping centers. Some scholars have look at the effect of waste management expenditure on the profitability of oil and gas companies in nigeria. Bschndond estate management project topics and materials. From this information, appropriate rental rates are set, balanced by the current market and what it will support in the way of rents. Best practices in property management what to gain from this chapter 1. Property portfolio performance and management practice in lagos metropolis. A firm knowledge of the area and competitive rental properties is required.
Pdf assessment of property management practices in nigeria. An assessment of the impact recession has had on the practice of property management. Jan 22, 2018 property management is the administration of residential, commercial andor industrial real estate, including apartments, detached houses, condominium units and shopping centers. Papers on facilities management and the estate surveyor. This book is, as the title suggests, a reference manual for facilities management. It is the management process of ensuring that the portfolio of properties held meets the overall requirements of.