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The Research on Location of Commercial Real Estate in Xi’an

Author: NiuJianJie
Tutor: ZhouYong
School: Xi'an University of Architecture and Technology
Course: Management Science and Engineering
Keywords: Commercial real estate Location Index system Business circle
CLC: F224
Type: Master's thesis
Year: 2011
Downloads: 250
Quote: 0
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Abstract


In recent years, due to the rapid growth of our national economy, improvement of people’s living standard, commercial real estate obtained a rapid development, and more and more investors will focus on commercial real estate. Commercial real estate project has the characters of large investment scale and long payback period. The blind development of commercial real estate may bring bigger risk for the developers and operators. The location problem of commercial real estate is the investors need to consider priority. The location of commercial real estate reasonable or not largely determines the success or failure of commercial real estate projects. Therefore, How to make commercial real estate location science and reasonable become an important question of worth studying and discussing.Base on this objective, this thesis study on the location of commercial real estate in Xi’an. Firstly, this thesis takes commercial real estate business location theory and the power theory of the business circle development as support. And analyze the three levels factors which affect commercial real estate location, namely business circle development power, location and property state itself factor. Secondly, it concretely analyzes the indexes which include in three levels.Business circle development power factors mean five powers factor, namely economic force, policy force, environmental force, historical cultural force, consumptive force, and this five factors is the macroscopic level factor of commercial real estate location. Area factor is the mesosphere factor of commercial real estate location; it concretely analyzes rent income, the distance of the core business circle, location value-added profits, etc. And the property rental, the situation of other shopping centers, property space, parking space, also affect the location of commercial real estate. Thirdly, it constructs the index system of shopping mall location, based on comprehensive analysis various factors. And use AHP combine with expert advice, it calculate the weights of evaluation indexes. When the weights coefficient is determined, it establishes the evaluation model of shopping mall location in Xi’an.Finally, it is empirical analysis the location of shopping center in qujiang business circle in Xi’an as an example. Through quantitative calculation the five powers indexes and qualitative analysis other indexes, it use fuzzy comprehensive evaluation method to analyze the location of a shopping center in qujiang business circle in Xi’an.

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CLC: > Economic > Economic planning and management > Economic calculation, economic and mathematical methods > Economic and mathematical methods
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