• Proceedings of the Korean Institute Of Construction Engineering and Management
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• 2004.11a
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• pp.220-223
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• 2004

Remodelling projects have recently emerged as an alternative construction market. Due to the limited experience of such projects, repetitive mistakes and failures in project management become concerns for those in the market sector. The objective of this paper to report preliminary findings in relation to core project management issues in office remodelling projects based on literature review and expert interviews.

• Land and Housing Review
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• v.14 no.4
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• pp.47-62
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• 2023

Using the dynamic panel model, this study investigates rent determinants for small and medium-sized office buildings in Korea's CBD and Gangnam areas, key business districts. The results reveal that rents for small and medium-sized office buildings in CBD and Gangnam areas are influenced by macroeconomic fluctuations and characteristics of buildings and locations, suggesting a market with both spatial consumer and investment goods attributes. There are several investment implications as follows. First, even if the location in the CBD area is advantageous, the practical limitations in renovating aging small and medium-sized office buildings must be taken into account when investing. Second, parking conditions are a key factor influencing rent prices in CBD areas, so evaluating the parking facilities and improvement potential of small and medium-sized office buildings is essential for investors. Finally, due to the high sensitivity of Gangnam's small and medium-sized office market to macroeconomic trends, it's vital to prioritize monetary policy shifts as a key factor in investment decisions.

• Journal of the Korea Academia-Industrial cooperation Society
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• v.15 no.11
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• pp.6630-6638
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• 2014

The concerns for higher returns among investors in Korea are increasing as local interest rates lag behind the global market. The aim of this study was to provide a basis for estimating the precise return on investment to private investors and stakeholders of office buildings by identifying the optimal scale estimation of office building space, derived from managerial expenses. The literature on the economies theories of scales were reviewed, and the average administrative costs on an appropriate scale were assessed by cross-analysis and regression analysis using the U-shaped quadratic and cubic function. The findings suggest that the average office building managerial costs are approximately 6-11% according to the region, 10-13% according to the grade, and 8-9% according to size. Corporate-owned buildings represent the highest in terms of the average managerial costs, and there is an approximately 11.5% difference when it comes to outsourcing. In addition, the elapsed year showed that approximately 5.3 years to meet the lowest U-shaped curve of the average managerial cost. The 'Total floor area' variable shows a ${\bigcap}$-shape as it continue to increase to 72,000-Pyung then decrease gradually. This study presents the fundamental proposition of efficient and practical management of cost, lease and operation for real estate management firms by utilizing LCC.

• 주택과사람들
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• no.33 s.50
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• pp.54-99
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• 1994

• 건축구조
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• v.17 no.5
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• pp.59-62
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• 2010

• The Magazine of the Society of Air-Conditioning and Refrigerating Engineers of Korea
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• v.33 no.8
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• pp.18-22
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• 2004

21세기에 들어선 현재 오피스 빌딩에 대한 개념은 크게 변화하여 생산성의 향상, 효율화를 목표로 사무자동화가 진행되고 있으며 이에 따른 국제적인 정보네트워크에 충실한 인텔리전트 빌딩이라는 호칭이 일반화되고 있다. 또한 오피스 빌딩 거주자들은 하루 생활의 1/3정도를 건물 내에서 보내고 있으며 점점 그 시간이 증가하고 있어 거주자의 쾌적성이 강조되고 있다. (중략)

• Journal of the Korea Institute of Building Construction
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• v.1 no.2
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• pp.26-32
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• 2001

• The Magazine of the Society of Air-Conditioning and Refrigerating Engineers of Korea
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• v.38 no.6
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• pp.47-52
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• 2009

• Journal of Korean Society of Transportation
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• v.26 no.6
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• pp.29-38
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• 2008

In Seoul, the volume of office market has been expanding rapidly and the currency will be maintained. Many researches have looked at determinants of the office rent, we still cannot have adequate and accurate information of the impacts of traffic congestions around office buildings on the office rents. To gauge the effect of traffic conditions surrounding an office building on the office rent, a hedonic price model was estimated. The regression analysis estimates the values or implicit prices of the individual rent determinants; these parameters in turn allow for a detailed examination of the variables that impact office rents. The result shows that traffic conditions of office buildings play an important role in determining the office rental rate. Since a number of adjacent streets provided excellent opportunities to connect with the neighborhood, it pulls up the rental rate. Similarly, traffic congestions depreciates the value of an office buildings restricting the accessibility to the office building. We also provide evidence of the existence of spatial submarkets and find that market takes different spatial forms depending on the local context.

• 주택과사람들
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• s.189
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• pp.44-47
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• 2006

고층빌딩 사이로 화려한 불빛이 휘황찬란한 도시 상하이. 홍콩, 싱가포르, 노트르담 등과 함께 세계 6대 항구로 손꼽히는 상하이에는 시내를 가로지르는 상전벽해(桑田碧海)라는 말이 걸맞을 정도로 도시 전체가 고층 빌딩과 아파트로 뒤덮여 있다. 전 세계 사람들의 주목을 받고 있는 상하이 오피스 시장 그속을 들여다 보자.