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Competition of commercial real estate objects in the conditions of urbanization (by the example of the city of Novosibirsk)


Garina S.A.
(about the author)

Garina Svetlana Aleksandrovna – (Novosibirsk State University of Architecture and Civil Engineering)

Published in:
Russian Journal of Entrepreneurship
– Volume 18, Number 16 (August 2017)

JEL classification: R10, R31, R33

Keywords: agglomeration, apartments, commercial real estate, community center, outlet center, urbanization


Citation:
Garina S.A. (2017). Competition of commercial real estate objects in the conditions of urbanization (by the example of the city of Novosibirsk). Russian Journal of Entrepreneurship, 18(16), 2337-2344. doi: 10.18334/rp.18.16.38217


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Abstract:

Commercial real estate is an essential part of the city and is a source of an income. A healthy competition among alternative options for the use of commercial real estate objects, both constructed and planned for construction, will lead to an increase in profitability from such objects, and this is especially important in the context of urbanization. It is important to study new formats from the view of the function of commercial real estate objects. For the city of Novosibirsk (Novosibirsk agglomeration) we think that the development of such areas of real estate as apartments, outlet centers, community centers, centers for tourism (entertainment centers) seems relevant and promising.








References:
Garina S.A. (2016). Innovatsionnye produkty na rynke zhiloy nedvizhimosti (regionalnyy aspekt) [Innovative products in the residential real estate market (regional aspect)] Regions: investment and innovation priorities. 11-17. (in Russian).
Ivashentseva T.A. (2016). Povyshenie investitsionnoy privlekatelnosti Novosibirskoy oblasti pri razvitii vnutrennego turizma [Increasing the investment attractiveness of the Novosibirsk region during the development of domestic tourism] Construction and Real Estate. 348-356. (in Russian).

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