Note Radar

12.CONCLUSION Real estate companies will have to become technologically savvy in the E-commerce environment and sensitive to the forces surrounding and redefining corporate real estate strategies to survive (Metz). THE MF REIT is one of the first multifamily REITs to put together a technology strategy and e-strategy. THE MF REIT is in a good position to be the first REIT to enter and finish the technology race, developing and delivering technology solutions more advanced than its competitors. While other REITs are exploring e-strategies as added revenue sources, THE MF REITs approach to technology is more comprehensive and overreaching. The company is positioning itself and developing internally the technical staff and arraigning exclusive alliances with hardware and software providers, and content providers, to achieve a sustainable competitive advantage in the multifamily REIT industry. Tugasan ini sebenarnya kami pernah buat sebelum ini cuma mungkin soalannya diuba

THE IMPACT OF NEW TECHNOLOGIES ON SPACE, OPERATIONS AND REVENUES 11.IMPACT OF TECHNOLOGIES Corporate Financial and Property Management Information Systems The impact of the technologies is important not only to improve the operations and performance of the company, but it provides an additional and effective means of communicating between the company and its shareholders, residents and employees Investor Relations The impact of the technologies is import due to the fiduciary responsibility the firm has to shareholders. As a publicly traded company, management is responsible for maximizing the resources, technological or human, to increase shareholder value. Internets, Intranets and Extranets provide the best channels for disclosure, along with added operating efficiencies. Residents The eventual impact on the resident will be the delivery of technology services. Multifamily apartment owners will eventually move to bundle Internet services with cable television an

THE IMPACT OF NEW TECHNOLOGIES ON SPACE, OPERATIONS AND REVENUES Tugasan ini sebenarnya kami pernah buat sebelum ini cuma mungkin soalannya diubah-ubah setiap semester. Namun kehendak soalan sebenarnya adalah hampir sama setiap semester. Sekiranya anda semua berasa pening sebab dah takdea idea, sibuk menguruskan kerja sehingga tidak ada masa untuk membuat tugasan. Anda boleh terus ke  SINI  untuk mendapatkan tips membuat tugasan atau ke  SINI  untuk mendapatkan contoh tugasan terdahulu sebagai rujukan.

THE IMPACT OF NEW TECHNOLOGIES ON SPACE, OPERATIONS AND REVENUES 9. CORPORATE CASE STUDY: THE MF REIT PROPERTIES TECHNOLOGY SYSTEMS THE MF REIT Properties, Inc. has made strategic and organizational changes to become the leader in new technology applications within the REIT format. Over the past three years, the company has taken advantage of information technologies to improve its business operations and meet rapidly changing resident demands (THE MF REIT). THE MF REIT Properties, Inc. has an integrated management information system that combines data from the accounting, operations, property, development, investor relations and research functions. Table #1 illustrates THE MF REIT Properties technologies and users. Corporate Financial and Property Management Information Systems Expanding corporate information resources is a priority for THE MF REIT Properties. Corporate Information Systems (CIS) expanded and developed over the past three years have been: • Developed an I

THE IMPACT OF NEW TECHNOLOGIES ON SPACE, OPERATIONS AND REVENUES 8.REIT INDUSTRY REIT industry investment and integration of new technologies will continue to increase but will be limited due to current capital market conditions. Some REITs are investing in software and hardware to gain access to new markets and help in understanding their operations and bottom line. They are using technology to control costs through better inventory management system and improve oversight of portfolio assets. The majority of REITs are working with obsolete and nonintegrated systems. In the past, REITs have not emphasized information technology or management systems (PriceWaterhouseCoopers). The Impact of Management Information Systems Systems integration will be the main focus for REITs over the new three years. Most companies use disparate property management, accounting and tax systems, requiring costly maintenance, support and backup. There are huge cost savings associated with increased

THE IMPACT OF NEW TECHNOLOGIES ON SPACE, OPERATIONS AND REVENUES 7. Affects of E-Commerce and the Internet on the Utilization of Space Industrial E-commerce will have a material impact on retail real estate, weakening regional malls and power center locations. Depending on where the real estate is in the supply and value chain will determine future real estate product and firm success. R&D properties will benefit from the new technology due to rapidly growing high-tech, bio-tech and information related firms (ULI). Multifamily Multifamily residential real estate will be impacted by tenant demand for high-speed Internet access for their home computers. Apartment owners are going after the high- tech employee market due to their high propensity to rent, use of the Internet and disposable income. The majority of high-tech renters are young and single, or married with dual incomes and no children. They want access to the Internet and do their apartment search and purchas

THE IMPACT OF NEW TECHNOLOGIES ON SPACE, OPERATIONS AND REVENUES 6. Industrial Warehouse and distribution space has been impacted significantly by the virtual world. Just-In-Time (JIT) inventory control systems have eliminated the need to carry inventory; therefore, less industrial space is required. Inventory-to-sales ratios have steadily declined since JIT systems were introduce in the 1980s. There has been a 20% efficiency gain in the use of inventories over the last ten years, distributors now need less space (ULI). The introduction of e-commerce is expected to accelerate the attractiveness of big-box industrial distribution centers at the expense of more traditional, lower-ceiling storage facilities, particularly as premiums are placed on moving merchandise quickly to market. Some observers see JIT and e-commerce removing links in the distribution-warehouse chain between the manufacturer and consumer, reducing the amount of retail and warehouse space in the process. Khi

THE IMPACT OF NEW TECHNOLOGIES ON SPACE, OPERATIONS AND REVENUES 5. REAL ESTATE INDUSTRY Over the last five years the introduction of new technologies and service delivery systems have revolutionized the real estate industry. For an industry that was once looked upon as a slow moving and technologically unsophisticated, it is now emerging as one of the market segments that will significantly change the way it delivers services based on these new technologies. The introduction of search-engine portals, the Internet, e-mail, laptop computers, cell phones, an faxes have all contributed to the revolution in real estate. The real estate and real estate markets can now be monitored in real-time, and real-time decisions can be made to take advantage of market opportunities or risk management strategies. In 1998, with the collapse of the real estate capital markets, real estate firms have had to find alternative methods of growing net operating income, either through entering new l

THE IMPACT OF NEW TECHNOLOGIES ON SPACE, OPERATIONS AND REVENUES 4. THE MF REIT Properties, Inc. THE MF REIT Properties, Inc. is a Real Estate Investment Trust (REIT) focusing on the development, acquisition and management of apartment communities located near business, transportation and equipment centers that are essential to its customers. As of June 30, 1999 THE MF REIT’s multifamily portfolio included 84 owned and operated apartment communities, totaling 22,062 units in California, Arizona, Washington, Oregon, Nevada, New Mexico, Utah and Colorado. The company currently has six additional properties in various states of development, totaling 1,722 apartment units. THE MF REIT Properties, Inc. is currently employing leading-edge, top-rank technology – information systems (IS), residential high-speed Internet access, an Intranet, an Extranet and an Internet and Extranet web site – to produce internal growth and increase the revenue of its existing assets. Over the past thr

THE IMPACT OF NEW TECHNOLOGIES ON SPACE, OPERATIONS AND REVENUES 3. THE MF REIT Properties, Inc. THE MF REIT Properties, Inc. is a Real Estate Investment Trust (REIT) focusing on the development, acquisition and management of apartment communities located near business, transportation and equipment centers that are essential to its customers. As of June 30, 1999 THE MF REIT’s multifamily portfolio included 84 owned and operated apartment communities, totaling 22,062 units in California, Arizona, Washington, Oregon, Nevada, New Mexico, Utah and Colorado. The company currently has six additional properties in various states of development, totaling 1,722 apartment units. THE MF REIT Properties, Inc. is currently employing leading-edge, top-rank technology – information systems (IS), residential high-speed Internet access, an Intranet, an Extranet and an Internet and Extranet web site – to produce internal growth and increase the revenue of its existing assets. Over the past thr

THE IMPACT OF NEW TECHNOLOGIES ON SPACE, OPERATIONS AND REVENUES 2. REIT Industry Congress created REITs in 1960 to enable small investors to make investments in large- scale, income-producing real estate, similar to that of a mutual fund. REITs allow investors to investment in significant commercial properties through pooling arrangements and securitization. Congress designed REITs to pool capital from many investors into a single entity. This entity is organized to develop and manage income streams through commercial real estate ownership and finance (NAREIT). REITs are dedicated to owning and operating income-producing real estate, such as apartments, shopping centers, offices and warehouses. REITs are also engaged in financing real estate. To be a REIT a company is legally required to pay virtually all of its taxable income (95 percent) to its shareholders every year, have at least 100 investors, generate over 70% of its revenues from rent and not sell properties within 4

THE IMPACT OF NEW TECHNOLOGIES ON SPACE, OPERATIONS AND REVENUES 1. INTRODUCTION The introduction of new technologies by landlords and residents has revolutionized the source of real estate revenues and uses of space. This article looks at technology issues affecting the apartment industry and Real Estate Investment Trusts (REITs). New hardware and software technologies, along with the E-Commerce and the Internet, are altering the way corporations and individuals utilize space. The real estate industry, and particularly apartment owners, have not been known to embrace rapid changes in technology. However, major public and private apartment owners are now committing large sums of capital for new technology integration. These technologies will significantly change the real estate industry, and in particular, the way apartment owners manage their properties. Khidmat Menaip Assignment kerana kesuntukan masa, kekurangan buku rujukan dan takde idea Klik Sini or dapatkan contoh Ass

Apakah maksud sosialisasi politik? Bandingkan proses tersebut di Amerika Syarikat dan Britain. Almond, Gabriel A, G. Bingham Powell, Kaare Strom & Russel J. Dalton (ed.) 2004. Comparative Politics Today: A World View. London: Pearson Longman. Aslund, Anders. 2002. Building Capitalism: The Transformation of the Former Soviet Bloc. Cambridge MA: Cambridge University Press. Beckett, Paul & Crawford Young (ed.) 1997. Dilemmas of Democracy in Nigeria. Rochester, NY: University of Rochester University Press. Bogdanor, Vernon. 1995. The Monarchy and the Constitution. Oxford: Clarendon Press. C.M. LoBue. 2000. A History of the Role of Capitalism in Russian Economy – with a Focus on the Post-Soviet Era. London: Routledge. Collier, David. 1993. ‘The Comparative Method” in Ada W. Finifter (ed.). Political Science: The State of the Discipline II. Washington: American Political Science Association. Dogan, Mattei & Dominique Pelassy. 1990. How to Compare Nations: Strateg

Bandingkan sistem kerajaan parlimen beraja di negara Britain dengan Jepun. Almond, Gabriel A, G. Bingham Powell, Kaare Strom & Russel J. Dalton (ed.) 2004. Comparative Politics Today: A World View. London: Pearson Longman. Aslund, Anders. 2002. Building Capitalism: The Transformation of the Former Soviet Bloc. Cambridge MA: Cambridge University Press. Beckett, Paul & Crawford Young (ed.) 1997. Dilemmas of Democracy in Nigeria. Rochester, NY: University of Rochester University Press. Bogdanor, Vernon. 1995. The Monarchy and the Constitution. Oxford: Clarendon Press. C.M. LoBue. 2000. A History of the Role of Capitalism in Russian Economy – with a Focus on the Post-Soviet Era. London: Routledge. Collier, David. 1993. ‘The Comparative Method” in Ada W. Finifter (ed.). Political Science: The State of the Discipline II. Washington: American Political Science Association. Dogan, Mattei & Dominique Pelassy. 1990. How to Compare Nations: Strategies in Comparative

Berpandukan kerangka sistem structural-functional yang diutarakan oleh Almond & Powell, bandingkan sistem politik di Rusia dan China. Almond, Gabriel A, G. Bingham Powell, Kaare Strom & Russel J. Dalton (ed.) 2004. Comparative Politics Today: A World View. London: Pearson Longman. Aslund, Anders. 2002. Building Capitalism: The Transformation of the Former Soviet Bloc. Cambridge MA: Cambridge University Press. Beckett, Paul & Crawford Young (ed.) 1997. Dilemmas of Democracy in Nigeria. Rochester, NY: University of Rochester University Press. Bogdanor, Vernon. 1995. The Monarchy and the Constitution. Oxford: Clarendon Press. C.M. LoBue. 2000. A History of the Role of Capitalism in Russian Economy – with a Focus on the Post-Soviet Era. London: Routledge. Collier, David. 1993. ‘The Comparative Method” in Ada W. Finifter (ed.). Political Science: The State of the Discipline II. Washington: American Political Science Association. Dogan, Mattei &a