Office Markets and Public Policy
, by Jones, Colin
- ISBN: 9781405199766 | 1405199768
- Cover: Hardcover
- Copyright: 4/29/2013
The past 30 years have seen enormous upheaval and a reconfiguration of office markets in cities. Office requirements have been transformed by the information communication technology revolution, leading to widespread building obsolescence in city centres. These influences are compounded by changing working practices, new organisational structures that have changed the nature of business demand for office space. The consequence is a rethink of the traditional perception of property investment as a secure long term investment, and this is reflected in reduced investment holding periods by financial institutions. City planners need to balance the conservation of historic centres with the changing needs of business and public policy now faces the challenges of sustainability to promote greener cities with the types and locations of office buildings as key parameters. This book proposal seeks to analyse these processes and policy issues from an international perspective and covers: A descriptive and theoretical base encompassing an historical context, a review of the fundamentals of the demand for and supply of the office market and offices as an investment. Embedded within this section is a perspective on underlying forces particularly the influence of technological change. A synthesis of our understanding of the spatial structure and dynamics of local office markets at the city level. An assessment of the goals and influence of planning policies, and the evaluation of policies designed toward the long term sustainability of cities as services centres. Office Markets & Public Policy goes beyond standard real estate and urban economics books by assessing the changing shape of urban office markets within a spatial theoretical and policy context. It will be a useful advanced text for honours and postgraduate students of land economy; land management; property and real estate; urban planning; and urban studies. It will also be of interest to academic researchers, policy-makers and planning practitioners.
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