Work

Assessment of the Economic Efficiency of an Investment Project in Housing

Year: 2024
Type: article
Abstract: The article discusses a way to increase the profits of management companies by taking over the management of new apartment buildings. The acceptance of a new apartment building into management is considered as a separate investment project of management companies that requires analysis and justification of planned investments. The article proposes and tests a model for assessing the economic efficiency of an investment project in housing, which allows us to assess not only the effect of investments, but also to identify signs of early withdrawal of an apartment building from management. Identification of signs of early withdrawal of an apartment building from management is considered in the context of the proposed stages of the life cycle of an investment project in the field of housing. When assessing the investment attractiveness of a project in housing, the author's grouping of costs in relation to regulated and unregulated costs is proposed. The principle of controllability and noncontrollability of costs makes it possible to determine not only the minimum required quantity and cost of works (services) for the maintenance, management and repair of the common property of an apartment building, but also to identify the needs of the owners of an apartment building in high-quality and comfortable housing, as well as related services provided by management companies. The article offers recommendations that contribute to the prevention and elimination of signs of early withdrawal of an apartment building from management, allowing to preserve (increase) the financial capital of management companies.
Language: English
Subfield: Architecture
Open Access status: diamond
OpenAlex ID: W4409320311
FWCI:
Cites: 7
Cited by:
Related to: 10