An information system for urban property investment analysis

Abstract

Considerable potential exists for the development and provision of information able to assist urban property investment decision-making. This thesis revolves around the potential of information as a productive resource to the analysis of real estate investments.

Current information requirements are suggested to be related to the type of analysis carried out by practitioners. The current state of the art of property investment analysis is reviewed, incorporating a survey of practicing analysts. The potential of information as a resource to the real estate analysis field is investigated and related to major changes taking place within the property environment. The nature and components of a number of information sources are considered while reviewing the current status of information services to the property analysis field; it is concluded that current information sources are inadequate.

Potential for the development of an information system within this field is identified; it is suggested that the ability to achieve this potential is becoming a reality. The direction of future developments are considered in the conceptualisation of a comprehensive information system that could develop within the field of property investment analysis. The ability to move in the direction of achieving a comprehensive system is illustrated in the development of a specific computer-assisted information system. The purpose of this system is to provide decision-support information on the financial feasibility of predefined investments; an application of the computer-based system (model) illustrates the type of approach to investment analysis, made possible through the availability and use of the model. Finally, areas offering the potential for further research and development are discussed.