Home > Research > Research Focus

Research Focus and Agenda

What we do: Research Focus and Project Areas
 
Residential Real Estate Markets

  • Structure – organisation of market elements and rules of the game (transaction costs):
    • Players;
    • Transformation;
    • Rules – explicit/tacit (state, sector, players); and
    • Market conditions (including efficiency of the market).
  • Elements of the market (demand and supply):
    • Current characteristics (level of supply and demand; affordability; segmentation and disaggregation); and
    • Drivers (STEEP; viability including cost drivers, market demand, public intervention).
  • Mechanics:
    • Relationship between the users and real estate; and
    • Relationship between different real estate sectors.


Commercial Real Estate Markets

  • Structure – organisation of market elements and rules of the game (transaction costs):
    • Players;
    • Transformation;
    • Rules – explicit/tacit (state, sector, players); and
    • Market conditions (including efficiency of the market).
  • Elements of the market (demand and supply):
    • Current characteristics (level of supply and demand; affordability; segmentation and disaggregation); and
    • Drivers (STEEP; viability including cost drivers, market demand, public intervention).
  • Mechanics:
    • Relationship between the users and real estate; and
    • Relationship between different real estate sectors.


Urban Management

  • Structure – organisation and managerial frameworks:
    • Players;
    • Transformation;
    • Rules – explicit/tacit (state, sector, players); and
    • Market conditions (including efficiency of the market).
  • Elements of the urban management framework:
    • Pillars (local economic development, social development, community participation and sustainability);
    • Operational toolkit (finance, mentoring, training, communication, incentives, committee forms);
    • Urban facilities management;
    • Value capture;
    • Infrastructure; and
    • PPP and relationship contracting.
  • Mechanics:
    • Relationship between the users and the precinct; and
    • Relationship between different real estate sectors and the precinct.

African Urban Real Estate Markets:

  • Maturity of property markets in African cities
  • Mega urban projects
  • Impact of urbanisation on property markets in African cities
  • Size of the middle class
  • Macroeconomic factors impacting on property markets