Realty: economy, management 2/2012

OFFICIAL SECTION

Management of the University in a competitive environment

  • Romanova Galina Maksimovna - Sochi State University (SSU) - Doctor of Economic Science, Professor, Rector

10-14

In the article on the example of Sochi State University (SSU) was described the basic data management approaches based on the definition of institution of integrated factors affecting the competitiveness of the educational institution and the main directions of its development. It presents the main results of its activities in recent years. Application results: improving the management of educational institutions.

  • management of the institution;
  • factors and indicators of competitiveness;
  • building competitiveness;
  • educational, scientific, social and educational activities;
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THEME OF THE ISSUE

The major investment scenarios of housing policy

  • Malikova Irina Petrovna - «AKTs Zhilkomaudit» - Ph.D. in Economics, Director General JSC

15-18

The paper presents the results of expert assessment of the state housing policy, 2004-2010. The main strategic objective is the development of municipal and regional investment housing policy is to create a social prospects for improving living conditions for all populations. Two variants of promotion to the task. Conclusion: The success of the municipal (regional) housing policy will largely depend on effective public policy that ensures the growth of real incomes, a significant reduction in inflation (2-3%), the cost of housing loans (3-4%), positive rates for Long-term bank deposits of the population. In addition, to be solved a number of challenges to local authorities.

  • Investment housing policy;
  • housing provision of the population;
  • the quality of the urban environment;
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THE REAL ESTATE ECONOMICS

Self-regulation in the housing and utility sector: issues, trends, decisions

  • Ryakhovskaya Antonina Nikolaevna - Finance University under the Government of the Russian Federation; Institute of Economy and Anticrisis Management - Doctor Economics of Sciences, Professor, Head of the Chair «Economy and anticrisis management» in Finance University under the Government of the Russian Federation, Rector of the Institute of Economy and Anticrisis Management

19-22

The issues of self-regulation in the housing and utility sector are considered, the positive effects, the trends of their reduction are examined, expediency of gradual delegation of functions of the control and management in the housing and utility sector from the level of the state to the institute of self-regulation is proved; the results of foreign experience examination of elements of self-regulation application in the system of housing and utility sector are presented.

  • housing and utility sector;
  • self-regulation;
  • the characteristics of the market of the housing and utility sector;
  • disadvantages of the self-regulated organizations;
  • the expediency of implementation of the self-regulated organizations;
  • the role of the government;
  • government regulation;
  • and local authorities;
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Problems of organizational and reliability of economic development of urban areas

  • Bredikhin Vladimir Viktorovich - Southwest State University - Ph.D. in Economics, Associate Professor

23-26

The research allowed to identify and classify the main differences between residential development of innovative projects from the traditional territory of the stream of construction. A simulation model of organization and management of the erection and reconstruction of the spatial objects of investment-construction complex, allows you to adjust the parameters of the work, which ensures the reliability of the three levels of control: reliability with an innovative investment and construction projects, industrial and economic security of enterprises and organizations GISCO, organizational and economic reliability of the development and updating of the territory in the current building. Simulation of the intensity of investment risk-based, allows for organizational and economic security in the area of urban projects and programs, as well as industrial and economic security companies GISCO in the implementation of innovative projects integrated residential development areas in the life cycles of development.

  • management;
  • innovative residential development projects;
  • organizational and economic security;
  • urban environment;
  • real estate development;
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Development of a civilized market of rental housing

  • Kirillova Ariadna Nikolaevna - Moscow Municipal University of the Government of Moscow - Doctor of Economic Sciences, Professor, Head of sub-faculty for municipal services of Moscow

27-31

The author analyzes the commercial renting. It was revealed that a large and most mobile part of the population is important, not ownership of the housing and its affordability. Key activities for the development of urban rental housing market in Moscow.

  • housing market;
  • rent;
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Methodological problems of investments in commercial real estate efficiency estimation

  • Kulakov Kirill Yur’evich - Moscow State University of Civil Engineering (MSUCE) - Doctor of Economic Sciences, Professor, Department of Construction Organization and Real Estate Management
  • Stepnova Sof’ya Dmitrievna - Moscow State University of Civil Engineering (MSUCE) - Assistant, Department of Construction Organization and Real Estate Management

32-35

An advance of the estimation methods of efficiency of capital investments in the projects relative to the creation and purchase of income generating properties is the aim of the present paper. The third edition of Methodical recommendations for investment projects efficiency evaluation is considered in this article. Such cases are analyzed in this paper. The conceptions of both kinds of efficiency (absolute and comparative) are analyzed. The disadvantages of methodology of comparative efficiency are showed with specific reference. Such efficiency is based on “mechanical” usage of only one NPV criteria without consideration of its limited capacity (of estimation of effective investment returns).The wrongfulness of identification of both kinds of efficiency (absolute and comparative) is proved in the paper. The author presents objective financial losses due to the wrong (suboptimal/ nonoptimal) decisions having applied the methodology of comparative efficiency. Special attention is devoted to the specific problems/questions of investment optimization in commercial real estate. The comparison of purchase variants and fixed assets operation is demonstrated in such cases. The problems in the process of investment projects with different times of implementation compare are discussed. The main conclusion of this article is practically unsolved problem of comparative efficiency of commercial real estate investment projects in the Methodical recommendations: - There is no well-defined task of comparative efficiency; - The terms and compare goals aren't determined; - The main criterion is the NPV criteria of absolute efficiency. It doesn't maximize investment working effect. In addition, it doesn't exclude worst effective combination from all the alternatives; - The challenge of comparison of investment projects with different periods of implementation is not considered. The necessity of solving of this problem arises mostly while optimizing the placements of funds in the commercial realty. The question of basic follow-on revision of third version of Methodolocical recommendations is raised in the paper. This revision should be done on the base of strict task solution logic of comparative effectiveness of investment projects. Step-by-step task solution of optimal combination of versions is the base approach of such logic which maximizes the total output of existing investment supplies with the usage of dynamical rate criteria. The strategy of using such factors excepts the contradictory definition at all stages of ranking, comparison and selection. The article gives the reference to the earlier version of the mentioned authors in which this methodology is described in details. Thus, the article is the next step in the direction of development of the investment theory efficiency and of creation of logically consistent tool for the evaluation of capital investments which is suitable for any investor oriented on maximizing of return on capital.

  • NPV;
  • commercial efficiency;
  • investments;
  • commercial real estate;
  • absolute efficiency;
  • comparative efficiency;
  • different times of implementation;
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Risk management facilities state property

  • Buadze Elizaveta Revazovna
  • Orlov A.K.
  • Zanina Ya.A.

36-39

In managing the state property should be aware of the use of such a mechanism to ensure effective management as risk management. Like any entrepreneurial project, objects of state property more or less faced with all sorts of risks. In assessing the risks of investment and construction, first, is the identification of risks that are specific to the project, identifies the causes and factors that influence the level of this type of risk. Must describe and give the valuation of all possible consequences of the proposed implementation of the risk and suggest measures to minimize these effects by calculating the valuation measures. An important role in this procedure is given previously developed qualifications risks inherent to investment projects. Next, the quantitative evaluation, set the numerical values of the probability of risk events and their consequences, determined valid in this particular situation the level of risk. After analyzing the existing methods of risk assessment, identifying their strengths and weaknesses, the authors concluded that in all models of the most important element is the justification of the discount rate. The article analyzes three methods of determining the discount rate - Standard method; - A method of model prices of capital assets; - The cumulative method of constructing the discount rate. The latter is most common in practice. Thus, the article provides practical advice on risk assessment, through which an investor may consider the advisability of investing in the project, as well as risk management at different stages of the life cycle of real estate.

  • risk management;
  • investment and construction risks;
  • property management;
  • public property;
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MANAGEMENT AND EXPERTISE OF REAL ESTATE

Main areas of improving the judicial building and technical expertise to present

  • Ryabov Sergey Aleksandrovich - Forensic Expert and the Investigative Committee of the Russian Federation - Deputy Head of Main Department of Criminology, Head of the Organization of Management

40-42

The investigating authorities need to Russia IC system providing forensic verification of materials and criminal cases regarding the use of specialized knowledge in these areas of construction and technical expertise. This requires the participation of all interested forces to update the scientific and methodological basis for the direction, perhaps to organize the early development of the missing elements of the methodological support of the expert activities (a list of relevant issues).

  • judicial construction and technical expertise;
  • methodological support;
  • the investigating committee;
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Current approaches to the problem of financing the restoration and overhaul facilities of residential properties

  • Khovanskaya Galina Petrovna - State Duma Committee of Russian Federation on Housing Policy and Housing; Moscow State University of Civil Engineering (MSUCE) - Chairman of State Duma Committee of Russian Federation on Housing Policy and Housing, Honourable Doctor of Moscow State University of Civil Engineering (MSUCE)
  • Samosudova Natal’ya Vasil’evna - Moscow State University of Civil Engineering (MSUCE) - Ph.D. in Economics, Professor, Department of Construction Organization and Real Estate Management

48-52

The article deals with the problem of financial security overhaul of the housing stock, which is currently among the main problems in the management of residential real estate. The main objective of public policy in the housing sector with the introduction of civil-legal relations of private property was to transfer the basic function of maintaining the life cycle of apartment buildings in private ownership, the proportion of which to date is more than 80%. According to the calculations in the transition to a comprehensive renovation of apartment buildings across the country the average price for 1 sq. m. Meter works (excluding inflation) will increase to three or more thousand rubles, and the issue price of housing stock liquidation nedoremonta be more than 3.6 trillion. rubles. This financial problem will be unaffordable for the majority of homeowners in the country. The article deals with a variety of multiple-choice models for organizing long-term accumulation of funds of the population and conservation programs to provide funding overhaul of apartment build ings. Recommendations are given for an integrated approach to solving this problem, taking into account the possibility of establishing systems of financial management at the federal level, funding sources at the level of regions and municipalities, as well as the possibility of including lending and financing of independent owners of an apartment complex.

  • housing;
  • financing;
  • models;
  • systems;
  • program management;
  • renovated apartment buildings;
  • private;
  • municipal;
  • regional owners;
  • landlord;
  • budgets;
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URBAN REGULATION AND URBAN DEVELOPMENT

Preparing for the Olympic Games in Facts and Figures in Sochi in 2014

  • Solntsev Evgeniy Aleksandrovich - Moscow State University of Civil Engineering (MSUCE) - Ph.D. in Technical Sciences, Associate Professor, Department of Construction Organization and Real Estate Management

53-59

Preparing for the Olympics in 2014 - the most ambitious construction project in Russia and Europe. Most objects are built from scratch. This is the most compact Olympic Games ever. Olympic Park, including the six stadiums, you can get around on foot in 20 minutes. The path of the Olympic Park to the sports venues in the mountains will take less than an hour. The whole area is designed for the construction of Olympic facilities, conventionally divided territorially into two clusters.

  • SC «Olympstroy»;
  • a coastal cluster;
  • the mountain cluster;
  • «Adler-Arena»;
  • ice palace «Big» ski resort «Rose Farm» kerlingovy Center «Ice Cube»;
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The economic results of the construction in Moscow region

  • Perepelitsa Pavel Stepanovich - Moscow Region Government - Minister of Construction of the Moscow Region Government 2004-2011

60-63

In article economic results of work of a construction complex of the Moscow region are analyzed. In total during the period from 2000 to 2011 in area 70,7 million sq.m of housing that makes more than 33,0 % from everything housing stock of area available today are constructed. The social orientation of programs of the Government of the Moscow region is shown as in construction of new houses, and objects of social and engineering infrastructure. Since 2000 it is constructed: 95 schools, 93 kindergartens, 72 policlinics, 26 hospitals. The special attention in area is given to building of objects of sports appointment. Since 2000 it is constructed and reconstructed 158 large sports objects. In total construction complex of area successfully realizes more than 18 regional target programs having a social orientation, including long-term target programs of the Moscow region: • «Dwelling» for 2009-2012; • «Development of the master plan of development of the Moscow region for the period till 2020»; • «Development of preschool education in the Moscow region in 2012-2014», and also: • «The program of actions for stimulation of development of housing construction in the Moscow region for 2011-2015»; • «The concept of development of low housing construction in the territory of the Moscow region». In article some, especially interesting investment projects of housing construction, including construction of social housing for the military personnel are considered. The short characteristic of existing base of industrial materials, products and designs is given. The author stops on existing in a construction complex of the Moscow region the problems, one of which - violation of the rights of shareholders. Except traditional construction subjects builders are engaged in the solution of an actual task - increase of fire safety on peatlands in the territory of the Moscow region. The review of works on questions of ensuring sustainable territorial development of the Moscow region is executed by town-planning means. Economic data on the priority directions of development of a construction complex of the Moscow region which are a real basis for ensuring perspective development of the territory of the Moscow region in the next years are in summary provided.

  • housing;
  • spatial planning documents;
  • target programs;
  • housing policy;
  • Moscow region;
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Rational planning of a ground complex of the cities

  • Manukhina Lyubov’ Andreevna - Moscow State University of Civil Engineering (MSUCE) - Assistant, Department of Construction Organization and Real Estate Management

64-67

In article problems of rational planning and management of a ground and property complex are considered and ordering of structure of real estate objects for different town-planning levels of building of the city is given. Research of methods of rational planning and management of a ground and property complex is one of the most important directions of town-planning development. Despite study of questions on reconstruction of the residential areas much of them, connected with rational planning of selitebny territories and justification of placement of objects of infrastructure of the general using, taking into account the developed city building and planning of new city areas, remain insufficiently studied. All this testifies to need and an urgency of research of the questions directed on creation of conditions for formation of an urban environment according to requirements of the population. Increasing complexity of a choice of rational options of development and planning of inhabited territories demands the careful analysis of the purposes and problems of activity, ways and means of their achievement, an assessment of influence of various factors on increase of efficiency and quality of work. At reconstruction of existing quarters and residential districts the importance has an indicator of an exit of useful areas as volumes of construction should create possibility not only move inhabitants from shabby housing, but also provide inhabitants with necessary norm of living space of sq. m on the person, and also provide conditions for implementation of city social programs. Thus the inevitable increase in density of the building, caused by a town-planning situation, shouldn't reduce level of comfort of accommodation of the population and quality of an urban environment. The carried-out analysis of tendencies of city regulation and development of a ground and property complex shows that the accounting of all set of factors is necessary for rational planning and creation of comfortable attractive inhabited territories.

  • rational planning and management;
  • ground and property complex;
  • objects of infrastructure of the general using;
  • town-planning levels of areas of building;
  • inhabited space;
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DOMESTIC AND FORING EXPERIENCE

Innovative construction - energy saving and ecological compatibility

  • Starovoytov Andrey Stanislavovich - Russian Housing Development Foundation - Head of the Department of Construction, Building Technologies and Construction Materials Industry
  • Grabovyy Petr Grigor’evich - Moscow State University of Civil Engineering (MSUCE) - Doctor of Economic Sciences, Professor, Department of Construction Organization and Real Estate Management

68-71

The article gives an overview of the history of «green building» are the basic model eco-building outlook and innovative construction.

  • Green Building;
  • energy efficiency;
  • environmental friendliness;
  • innovative construction;
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Risk management of public-private partnerships for investment and construction projects of Russian companies abroad

  • Popel’nyukhov Sergey Nikolaevich - Moscow State University of Civil Engineering (MSUCE) - Ph.D. in Economics, Associate Professor, Department of Construction Organization and Real Estate Management

72-78

An important part of risk management is to organize the project and its effective evaluation. When carrying out a full assessment of the banking project risks can be reduced in the risk matrix to assist in determining the significance of certain risks related risks (the case where the risks are, taken together, more than the sum of individual risks, and where the risks are so intertwined that to reduce a risk must be reduced, and the other dependent on a risk) and priorities in risk management. Similarly, the problem to be solved for the preparation and implementation of the project can be arranged in a logical order to understand the relationship between them and determine the order in which these problems must be solved in order to maximize efficiency. Key words: risk, investment and construction projects, public-private partnership, the state.

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Large-scale hydraulic engineering construction in the coastal zone of the Sochi within preparation for the Olympic Games of 2014

  • Makarov Konstantin Nikolaevich - Sochi State University - Doctor of Technical Sciences, Professor, Head of Department of Urban Development
  • Leshchenko Sergey Vladimirovich - Sochi State University - graduate student, Department of Urban Development

79-83

The largest projects of sea hydraulic engineering realized now on the coast of Sochi within preparation for carrying out winter Olympic Games are considered. Into structure of these projects enter construction of new seaport Imeretinsky, Sochi port reconstruction with its transformation to cruising harbor, restoration of moorings for sea coastal passenger traffic, Primorskaya Embankment reconstruction in the Central area, and also a complex of coast protection actions on the coast of the Imeretinsky lowland in the Adler area. Development of projects was accompanied by a complex of the basic and applied scientific researches, allowed to optimize design decisions.

  • hydraulic engineering constructions;
  • wave conditions;
  • recreational infrastructure;
  • passenger traffic;
  • engineering protection;
  • embankments and beaches;
  • spurs and breakwaters;
  • underwater canyons;
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The innovative approach to change management during the development project life cycle

  • Gusakova Elena Aleksandrovna - Moscow State University of Civil Engineering (MSUCE) - Doctor of Technical Sciences, Professor, Department of Construction Organization and Real Estate Management
  • Krygina Aleftina Mikhaylovna - Southwest State University - Ph.D. in Technical Sciences, Associate Professor, Dean of the Faculty of Engineering and Architecture

84-86

This article describes an innovative approach to change management during the development project life cycle, based on the notion of innovation as the primary source of changes in investment construction projects. Proposed organization structure, sources and procedures for changes to the draft, which could be the basis for the development of a generalized methodology change management investment construction projects of practical interest to the construction investment and development companies with different types of projects.

  • Innovation cycle;
  • reliability of investment and construction project;
  • algorithm change management project;
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EXPERIENCEOF TRAINING IN A SPECIALTY “EXAMINATION AND MANAGEMENT OF REAL ESTATE”

Organization of the center of innovation training and retraining of judicial building design and cost survey of the property in MSUCE

  • Lukinov Vitaliy Aleksandrovich - Moscow State University of Civil Engineering (MSUCE) - Doctor of Economic Sciences, Professor, Head of Department of National Economy and Appraisal of Business

87-88

The goal of this innovative educational program is the training and retraining of specialists in the field of judicial construction and the technical expertise and value of the property. The purpose of the formation and functioning of the judicial training in the construction of technical expertise and value of real estate (hereinafter - STiSE) is a more efficient management of real estate of any city and to ensure normal living conditions of citizens and the functioning of organizations, based on research and systematic approach to training staff staff and professional development specialists STiSE. Participants in the implementation of innovative educational programs: - Investigative Committee of the Russian Federation; - Non-Profit Partnership «The House of forensic experts»; - The faculty and departments MSSU UMO universities of the Russian Federation in the field of construction; The results and products obtained after the implementation of innovative educational programs: 1) package of teaching materials for each discipline, the curriculum, including: - Lectures on each topic; - Dictionary of terms and their definitions; - Tests that contain questions to check students’ knowledge «, 2) informational support distance learning, including the creation of a database in accordance with the structure of the program.

  • Innovation center;
  • vocational training and retraining;
  • the court building and technical expertise;
  • cost assessment;
  • the property;
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LEGAL ASPECTS - NEWS, REFERENCE SERVICE

The analysis of legislative changes in the regulation of relations in the construction and property management

  • Tkachenko Vladimir Borisovich - Moscow State University of Civil Engineering (MSUCE) - Ph.D. in Law, Associate Professor, Department of Construction Organization and Real Estate Management

89-90

The author analyzes the legislative changes in the regulation of relations in the construction and property management.

  • legal regulation;
  • legislative changes;
  • presidential decree;
  • government decree;
  • Federal Antimonopoly Service;
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IN A WORD OF INTERESTING THINGS -THE CITY THROUGH THE EYES OF STUDENTS

Prospects of development of the Moscow subway

  • Kapyrin Dmitriy Aleksandrovich - JSC “Domostroitel'nyy kombinat No. 3” - Director general

91-94

The most ambitious ever program of building of subway is implemented in Moscow. Government have plans to build nearly 150 kilometers of new lines and 67 stations until 2020.

  • subway;
  • prospects for development;
  • expansion of the city;
  • metropolitan area;
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