Analysis of Activities Aimed at Increasing the Value of Property - Research Results

The main aim of the study was to analyse the possibilities of increasing the market value of a property through various activities. Such activities referred to in the literature as “value based management” and are commonly applied in enterprise management. In the case of properties, this system is based on the appropriate identification of factors making up the value of the property. These factors can be divided into two groups, i.e., objective factors, independent of activities undertaken by the owner or the manager of the property, and subjective factors resulting from a consciously implemented policy. Since only the second group of activities depends on the property manager, it is possible to introduce “value based management” with regard to the manager’s activities. This article presents a case study implemented on a part of hospital property. The analysis proved that the method used can also be applied to undeveloped parts of the property and that the market value of the property in individual investigated scenarios reaches 100%.