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Open access

Linda Kauškale and Ineta Geipele

Abstract

Real estate market development and its sustainability are closely associated with history and development. Numerous problems have existed in society in the course of the years, including socio-economic problems. Real estate market development is also closely related to economic development, philosophical issues, and the analysis of these issues over the course of time makes it possible to explore both the historical development of these issues and the problems. The objective of the study is to analyze the main economic and real estate market development problems in the course of history by placing special emphasis on the economic development cycle and sustainability issues. Analysis, induction, deduction, historical and logical access methods were used in the research. Economic problems affect also the real estate market development, so the analysis of these problems is necessary in order to find possible solution opportunities.

Open access

Valery Komisarov, Linda Kauškale and Natalija Lepkova

Abstract

Presently the conditions for the commercial property development in Lithuania are favourable. The market indicators are demonstrating positive tendencies. Many international companies are entering the Lithuanian markets because of the supportive governmental instruments of competitive policy for these international companies. There is high demand for the commercial premises, and the respective governmental authorities are regularly improving the construction procedures. These are the factors, which are affecting the commercial property development activities in Lithuania. The aim of this paper is to highlight the factors, which are positively affecting the commercial property development in Lithuania. The key market indicators, supportive instruments for international companies and improvements of the construction procedures in Lithuania are reviewed by the authors, with prime focus on the capital of Lithuania − Vilnius. This paper is intended as guidance to the developers, who are entering the Lithuanian commercial property market.

Open access

Linda Kauškale and Frank Riemenschneider

Abstract

Investment tendencies in a country and particular region in general have a crucial role in the creation of the sustainable environment of the city, spatial planning and land use management. Green construction has great potential for investing and can provide variety of benefits for sustainable longterm development of the country. The aim of the research is to analyse the environmental and economical substantiation of investments in green buildings, with particular focus on the experience of Germany. The researchers used logical, inductive, quantitative and statistical analysis logical methods, analysis of scientific literature as well as comparative analysis. Lack of information is a peculiarity of real estate market, and especially affects the activities in green building construction, that also shows the necessity of developing economic and environmental criteria for substantiation of the decision-making process. Future research directions have been identified as well.

Open access

Linda Kauškale and Ineta Geipele

Abstract

The research focus is the examination of key aspects of the land use for the detection of urgent problems in the context of sustainable development. The comparison, data analysis and logical access methods have been used in the study, and the recommendations on the improvement of the situation in the longer term have been developed. Land use management, legal side of regulation and the efficiency of land use are essential guidelines for the sustainable development of the territory in the country.

Open access

Linda Kauškale, Ineta Geipele, Jānis Vanags and Natalija Lepkova

Abstract

The importance of environmental aspects in construction is growing during the time. The aim of the research is to analyze environmental aspects of construction industry development and related regulations in Latvia, including the last green building certification development tendencies. The analysis, historical, document review and logical access methods have been used in the research. The article also includes overview of the international experience. The results of research show growing importance of environmental aspects in construction process and the necessity for market participants and industry development to consider them.

Open access

Ankit Mishra and Linda Kauškale

Abstract

Sustainable development becomes a necessary practice in every country. Real estate has always been an essential need for humans to survive, almost all human activities are related to real estate. Due to that, as well as due to the growth of population, real estate has grown in numbers in the world for our basic need fulfilment. Major studies have shown that real estate objects are one of the major contributors negatively affecting our environment. Sustainable real estate development is a crucial practice implemented by successful countries and other countries are following them, adopting good practice in this field. Sustainable real estate development analysis not only helps to solve climate change issues, but also increases asset value. The aim of the research is to analyze two northern region capitals: Riga (Latvia) and Stockholm (Sweden) and their major steps being taken to promote sustainable real estate development. The comparative, historical, logical and statistical data analysis methods have been used in the research.

Open access

L. Kauskale, I. Geipele, N. Zeltins and I. Lecis

Abstract

At present, reduction of greenhouse gas emissions is one of the main environmental priorities globally, and implementation of sustainability aspects in the construction industry, including energy aspects, is of major importance for long-term environmental development, as buildings have a long life cycle and require many resources both for construction and operation periods. The aim of the research is to analyse energy aspects of green buildings. The results of research show that the construction of green buildings can significantly result in energy savings and has other benefits for different market participants. Future research directions have been identified as well.

Open access

L. Kauskale, I. Geipele, N. Zeltins and I. Lecis

Abstract

Green building is an important component of sustainable real estate market development, and one of the reasons is that the construction industry consumes a high amount of resources. Energy consumption of construction industry results in greenhouse gas emissions, so green buildings, energy systems, building technologies and other aspects play an important role in sustainable development of real estate market, construction and environmental development. The aim of the research is to analyse environmental aspects of sustainable real estate market development, focusing on importance of green buildings at the industry level and related energy aspects. Literature review, historical, statistical data analysis and logical access methods have been used in the research. The conducted research resulted in high environmental rationale and importance of environment-friendly buildings, and there are many green building benefits during the building life cycle. Future research direction is environmental information process and its models.

Open access

L. Kauskale, I. Geipele, N. Zeltins and J. Vanags

Abstract

Nowadays, more and more attention is being paid to the country's economy, construction industry and real estate market's sustainable development and to the studies related to these issues. The aim of the research is to analyse significant aspects of sustainable development of construction activities and real estate market, with particular focus on environmental aspects of construction or the role of green buildings. The research includes an integrated approach of construction industry analysis and analysis of real estate operations area. Scientific and practical solutions and recommendations will enable the industry participants to be introduced to the main sustainable aspects of construction industry development, which, in their turn, can improve the overall performance of the industry in the long term.

Open access

Ana Letícia B. F. Lemos and Linda Kauškale

Abstract

In Recife, Brazil, population growth and development of buildings in the Central region generated an increase of almost 70% in the last 20 years due to the large number of companies that have been allocated in the city generating an increase in the local economy and the significant population increase, creating huge heat islands. Due to this, a new technology has been implemented in the real estate market: The green roofs, a technology of sustainable coverage that allows implantation of soil and vegetation in a waterproofed layer on the constructions. The benefits of this technology include the reduction of temperature by consumption of CO2, a good option for storing rainwater for nonpotable purposes and the possibility of growing organic vegetable gardens for own consumption or sale, generating a new form of income. The aim of the research is to evaluate the factors that interfere with the introduction of sustainable coverage technology of green roofs in the present siting of the city. In this article, the factors that interfere with the implementation of green roof technology in the present siting of the city will be evaluated, focusing on the analysis of internal and external influencing factor. Comparison, historical, statistical data analysis, induction, logical access methods and external and internal influencing factor analysis were used in the research besides the practical development of arguments and graphical representation of research results.