Estate Management - Conference Papers

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Browsing Estate Management - Conference Papers by Author "FAMUYIWA, FUNLOLA DR."

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    Sustainability Scope in Urban Building Developments in Lagos, Nigeria.
    (Proceedings of the International SEEDS Conference 2016: Sustainable Ecological Engineering Design for Society, 14-15 September, 2016-09-14) FAMUYIWA, FUNLOLA DR.
    The concept of ‘sustainability’ is one that needs no new emphasis in environmental and contemporary discourses. Embracing it not only helps to attain inter-generational equity, but also helps in achieving competitive advantage and value maximization. In urban development projects, sustainability measures are best incorporated at the design stage, or alternatively retrofitted during the project life. This paper attempts to assess the scope of sustainability in the design and/or structure of various urban real estate developments in Lagos, Nigeria, through the use of primary data elicited specifically for the study. The methodology involves a survey of selected scientific literature, which assesses various sustainability indicators incorporated into the design and management of real estate developments under survey, in order to present the altitude of discussions on the subject matter of this research. This is backed up with primary data, analysed using a relative importance score index/ ranking method, adopting and adapting from key and relevant components under the International Organization for Standardization (ISO) standards - ISO 21929-1:2011. In this regard, it focuses on real estate developments against the backdrop of ‘energy’ ‘financial’ and ‘social’ sustainability requirements within the context of the experiences of users. It is concluded that the potentials inherent at the design/structural arrangement of these real estate projects are not appropriately nor adequately harnessed – in spite of the ever-increasing need for the sustainability. Also, social considerations are lacking in scope. Recommendations are therefore made - based on the loopholes identified. As such, relevant urban development key players and regulatory authorities may need to contextually re-focus their attention on optimal resource management through sound sustainability measures.