Foreign Experiences in Real Estate Object Management
American Journal of Economics and Business Management,
Vol. 8 No. 5 (2025): May
Abstract
This article analyzes the issue of effective real estate object management based on the experiences of foreign countries. Management models, digitalization processes, legal frameworks, and the organization of citizen participation implemented in countries such as the USA, Germany, Japan, South Korea, and Great Britain were examined. It has been determined that innovative approaches, transparent mechanisms, and licensed management entities are the key factors in real estate management in developed countries. The current situation in Uzbekistan was critically analyzed, and practical recommendations for improving the national system were provided.
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- O‘zbekiston Respublikasi, “Ko‘p kvartirali uylarni boshqarish to‘g‘risida,” Qonun, № URQ-581, 07-Nov-2019. [Онлайн]. Мавжуд: https://lex.uz/docs/4586282
- R. Clarke and S. Mansoori, Urban Property Management in Developing Countries: Reform Priorities. World Bank Publications, 2020.
- P. Byrne and N. Sims, Managing Property Assets: The Fundamentals of Real Estate Management. London: Routledge, 2007.
- V. Maliene and N. Malys, “High-quality housing - A key issue in delivering sustainable communities,” Building and Environment, vol. 44, no. 2, pp. 426–430, 2009.
- A. S. Pigolkin, Legal Foundations of Apartment Building Management in the Russian Federation. Moscow: Unity-Dana, 2021.
- A. H. Ismoilov, “Institutional Approach in Managing Real Estate Objects and Uzbekistan's Experience,” Economics and Innovative Technologies, no. 3(45), 2020.
- I. Nappi-Choulet, “Real Estate and the Smart City: New Challenges for Property Managers,” Urban Studies Journal, vol. 49, no. 13, pp. 2913–2930, 2012.
- M. Ball, C. Lizieri, and B. D. MacGregor, The Economics of Commercial Property Markets. London: Routledge, 2003.
- D. Watkins, Real Estate Asset Management: Strategy, Performance, and Risk. Wiley-Blackwell, 2010.
- O. Kaganova and R. Nayyar-Stone, “Municipal Real Property Asset Management: An Overview of World Experience,” Journal of Real Estate Portfolio Management, vol. 6, no. 4, pp. 307–326, 2000.
- S. Nystrom and F. von Schéele, “The Swedish Housing Cooperative Model - A Democratic Form of Ownership,” Nordic Journal of Surveying and Real Estate Research, vol. 9, 2012.
- E. U. Chigbu, “People, Land, and Sustainability: A Participatory Learning Approach to Land Management in Africa,” Land Use Policy, vol. 57, pp. 610–618, 2016.
- J. M. Bahromov, “Opportunities for Public-Private Partnership in Real Estate Management in Uzbekistan,” Economics and Innovations, no. 2(58), 2021.
- J. R. DeLisle and T. F. Grissom, Real Estate Principles for the New Economy. South-Western College Pub, 2011.
- H. S. Roulac, “Strategic Real Estate Management: How Firms Create Value,” Journal of Real Estate Research, vol. 22, no. 1/2, pp. 45–70, 2001.
References
O‘zbekiston Respublikasi, “Ko‘p kvartirali uylarni boshqarish to‘g‘risida,” Qonun, № URQ-581, 07-Nov-2019. [Онлайн]. Мавжуд: https://lex.uz/docs/4586282
R. Clarke and S. Mansoori, Urban Property Management in Developing Countries: Reform Priorities. World Bank Publications, 2020.
P. Byrne and N. Sims, Managing Property Assets: The Fundamentals of Real Estate Management. London: Routledge, 2007.
V. Maliene and N. Malys, “High-quality housing - A key issue in delivering sustainable communities,” Building and Environment, vol. 44, no. 2, pp. 426–430, 2009.
A. S. Pigolkin, Legal Foundations of Apartment Building Management in the Russian Federation. Moscow: Unity-Dana, 2021.
A. H. Ismoilov, “Institutional Approach in Managing Real Estate Objects and Uzbekistan's Experience,” Economics and Innovative Technologies, no. 3(45), 2020.
I. Nappi-Choulet, “Real Estate and the Smart City: New Challenges for Property Managers,” Urban Studies Journal, vol. 49, no. 13, pp. 2913–2930, 2012.
M. Ball, C. Lizieri, and B. D. MacGregor, The Economics of Commercial Property Markets. London: Routledge, 2003.
D. Watkins, Real Estate Asset Management: Strategy, Performance, and Risk. Wiley-Blackwell, 2010.
O. Kaganova and R. Nayyar-Stone, “Municipal Real Property Asset Management: An Overview of World Experience,” Journal of Real Estate Portfolio Management, vol. 6, no. 4, pp. 307–326, 2000.
S. Nystrom and F. von Schéele, “The Swedish Housing Cooperative Model - A Democratic Form of Ownership,” Nordic Journal of Surveying and Real Estate Research, vol. 9, 2012.
E. U. Chigbu, “People, Land, and Sustainability: A Participatory Learning Approach to Land Management in Africa,” Land Use Policy, vol. 57, pp. 610–618, 2016.
J. M. Bahromov, “Opportunities for Public-Private Partnership in Real Estate Management in Uzbekistan,” Economics and Innovations, no. 2(58), 2021.
J. R. DeLisle and T. F. Grissom, Real Estate Principles for the New Economy. South-Western College Pub, 2011.
H. S. Roulac, “Strategic Real Estate Management: How Firms Create Value,” Journal of Real Estate Research, vol. 22, no. 1/2, pp. 45–70, 2001.