Estate Management - Conference Papers

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    Open Access
    Green Economy: The Role of Estate Surveyors and Valuer
    (IOP Conference Series: Journal of Physics: Conf. Series, 2019) Ajibola, M.O; Oluwunmi, A.O; Kabiamaowei, A.I; Owolabi, D.R; Akinwale, O.M
    The continuous existence of man is dependent on the free goods and services (e.g. water, air purification, fisheries, timber production and nutrient cycling) provided by his natural environment. Due to the public nature of these goods and services, they are not traded in the open markets hence, they are regarded as not having market prices. As a result, the current economic system fails to capture their losses and this may continue for long if care is not taken. Unless economic decisions (and the associated implications of development options) are made based on valuing the invisible aspects of ecosystems, unfriendly environmental decisions may continue to be taken that will culminate into economic, social and environmental cost which may be unmanageable. It is therefore expedient that a Green Economy with consideration for the immense value of biodiversity and ecosystems be incorporated by both corporate and governmental agencies so as to ensure a sustainable development progression in an economy. In achieving sustainable green economy, the appropriate stakeholders should pay particular attention to the value of natural capital in any policy decision. Hence, this study examined the roles of Estate Surveyors and Valuers (ESVs) in a green economy. Exploratory approach was employed in carrying out the study. Literature review technique was adopted to examine the various aspects of the economy and the roles of ESVs that help in greening the economy. The study identify the roles of ESVs in greening an economy to include: ensuring the use of renewable energy instead of fossil fuel in their management properties, adoption of efficient technology that consumes less energy, advising on waste minimization and appropriate waste management approaches, giving consideration to ecosystem services while carrying out development valuation and finally promoting decent jobs that takes cognisance of employee‟s welfare, job security and career prospects. The study therefore recommends that the time has come for Estate Surveyors and Valuers to be actively involved in greening Nigerian economy.
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    Open Access
    Remote Sensing and Land Use Management in Nigeria: A Review
    (IOP Conference Series: Earth and Environmental Science, 2021) Ajibola, M.O; Oluwunmi, A.O; Iroham, C.O; Ayedun, C.A
    Land is essential for man’s existence, and its use involves the management and modification of the natural environment into built environments such as recreational, transportation, agricultural, residential, and commercial. The global population increase is exerting more pressure and demand on this limited natural resource. Accompanying man’s need is the grievous depletion of the natural environment and the extent of this depletion and conversion has yet to be fully determined by the application of traditional approaches. Therefore, the focus of this study is on how to apply remote sensing principles to land use and its management in Nigeria. Secondary data, the literature on land use, and remote sensing were adopted in the study. The study revealed that in the South West land use for settlements increased from 107.3ha in 1986 to 210.96 in 2003, while other land uses reduced in sizes – cropland (6021ha to 5,351.10ha). In Abuja, urban/built-up land increased from 36.8km2 (1987) to 385.4km2 (2017). The study further revealed that land management, using remote sensing, fosters inventory and management, periodic monitoring, and effective allocation and coordination of land resources. It provides automated techniques for integrating both quantitative and qualitative data in land information management that helps better decision-making processes, efficient policy formulation, and monitoring in land- related problems across local and global scales. The study therefore recommends the integration of remote sensing into land management and policy decision in Nigeria.
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    Open Access
    Gender Inequality and Women Discrimination in Real Estate Firms in Lagos State, Nigeria
    (29th International Business Information Management Association Conference (IBIMA) 3-4 May, Vienna Austria, 2017) Oluwunmi, A.O; Emeghe, I.J; Oluwadamilola, A; Fulani, O; Peter, N.J; Akinjare, O.A
    This study evaluates the women discrimination in the real estate industry in Lagos State, Nigeria. A total of seventy- eight (78) Estate Surveying and Valuation firms were randomly selected in the study area, Forty-five (45) questionnaires were retrieved and analysed using descriptive statistics. The study found that there were more male Estate Surveyors and Valuers than female in the study area. Most of the female estate surveyors and valuers are attached to property management departments of their firms and the challenges they encounter range from difficulty in balancing work and the home front to the fact that women are seen as not being capable of practicing the profession amongst others. The study recommended that the female Estate Surveyors and Valuers should be proactive and strive to be at par or even better than their male colleagues.
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    Open Access
    Quality of Academic Facilities in Private Universities in Nigeria: Are Students’ Needs Met?.
    (International Conference of Education, Research and Innovation (ICERI), 2017) Oluwunmi, A.O; Durodola, O.D; Iroham, C.O; Ajibola, M.O
    The quality of facilities in educational institutions has been on the increase globally and is receiving much attention in educational research. This is necessitated by the fact that higher educational institutions worldwide are facing commercial competition imposed by economic forces resulting from the development of global education markets. In view of this, this study assessed students’ perception of the quality of academic facilities in private universities in Ogun State, Nigeria. This is with a view to improving the quality of university facilities in order to provide a conducive learning environment for students which will aid in good academic performance. 954 questionnaires were randomly administered to students in five private universities in the study area and a response rate of 71% was achieved. Using descriptive statistics, the results revealed that their needs were fairly met with the majority of the facilities sampled in the library, ICT laboratory and classrooms. The study recommended that facility providers should take note of the facilities whose quality students perceive as not meeting their needs, so as to be able to respond appropriately. This will entail ensuring that provision is made for such facilities in terms of budgeting for upgrading or replacement.
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    Open Access
    Big Data and Real Estate: A Review of Literature
    (IOP Conference Series: Materials Science and Engineering, 2019) Oluwunmi, A.O; Role, B.A; Akinwale, O.M; Oladayo, O.P; Afolabi, T.O
    The concept of big data though relatively new has brought a lot of solutions to modern day challenges. Many authors, particularly in developed countries, have adopted the concept in tackling the numerous challenges unfolding in the real estate profession. However, most of the findings from these authors are on individual bases and as such, there is a need to reach a general consensus on the relevance of big data to the real estate profession. The review shows the impact of big data to include digitization of records, information on user preferences, sensor information on the urban environment and sensor information on movement. The paper concludes that the relevance of big data to the real estate profession cannot be over-emphasised.