introduction of the poliba center for real estate

POLIBA CENTER FOR REAL ESTATE

Maurizio d’Amato – Associate Professor Property Valuation and Investment – Fellow Member Royal Institution of Chartered Surveyors – Technical University Politecnico di Bari – Groningen 14.04.2011


EDUPROF Meeting Groningeg April 13-14 2011



Personal presentation

Presentation of Activities of OMIDAULab

Presentation of RE.Lab Scuola di Amministrazione Aziendale University of Turin



1. Personal presentation

I’m economist, valuer, professor of property valuation

I’ve different research lines:

•Real Estate Appraisal and Real Estate Market Cycle

•Mass Appraisal procedure (also AVM and Market Analysis). Relation between real estate market values and social dynamics

•Real Estate Valuation in Uncertain Condition



A brief overview on a group of scientific works

Maurizio d'Amato and Tom Kauko (2008) Estimation of a Hedonic Rent Index for the ResidentialReal Estate Market of Bari: A Contribution to Urban Planning; in Donald Miller, Abdul Khakee, Angela Hull,,Johan Woltjer (Edited by )(2008) New Principles in Planning Evaluation, Ashgate

Maurizio d'Amato and Vincenzo Del Giudice (2008) Principi Metodologici per la Costruzione degli Indici dei Prezzi nel Mercato Immobiliare, Ed. Maggioli (IT)

Maurizio d'Amato and Tom Kauko (2008) Mass Appraisal Methods.An International Perspectivefor Property Valuers, RICS Real Estate Issue, Oxford Blackwell Publishers

M.d'Amato (2007) Comparing Rough Set Theory with Multiple Regression Analysis as AutomatedValuation Methodologies, International Real Estate Review, vol.10 n.2, pp. 42-65

M.d’Amato (2004) A Comparison between MRA and Rough Set Tgheory for Mass Appraisal, International Journal of Strategic Property Management, vol.8 pp.205-217

M. d’Amato (2002) Appraising Property with Rough Set Theory, Journal of Property Investment and Finance vol.20 n.4 pp.406-418 MCB Press





The issues analysed in these works are:

Relationship between mass appraisal (AVM, market analysis) and institutional context

Is there one only standard for AVM, Mass Appraisal and Market Analysis? Does real estate markets differs? Does Institutional context matters in mass appraisal methodologies selection?

Development of real estate (direct) price index in Bari basingthe analysis on SUNIA data (a syndacate of tenants)Does real estate direct index allow us to analyse also social and demographic change in the realestate market?

Market analysis based on SUNIA database



2. Presentation of Activities of OMIDAULab

Founded in 1988 is a small Observatory Market working on data offered us by several social and private company;

We created two hedonic indexes the former one basedon appraisal (BIBA index) while the latter was basedon rent officially indicate on rent contracts.

The last one is periodically updated and



Real Estate Laboratory in Turin was created in 2007 inside the oldest ItalianSchool of Management (SAA School of Business Administration). It is based on a cooperation between Politecnico di Torino and University of Turin

3. Presentation of SAA-RE.Lab activities



In Turin we have a great quantity of sponsors in the future we are going to improve both the quality and the quantity of the sponsors

No specificscientific workspublished at the moment

As educational activity we havea Mater Degreein talian on RealEstate Management



Thank you for Inviting me

introduction of the poliba center for real estate

Documents