Acta Scientiarum Polonorum

Scientific paper founded in 2001 year by Polish agricultural universities

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Administratio Locorum
(Gospodarka Przestrzenna) 7 (2) 2008     ISSN: 1644-0741
Title
MANAGEMENT OF REAL ESTATE RESOURCE IN MARKET CONDITIONS, part II
Autor
Artur Janowski, Radosław Wiśniewski
Keywords
real estate resource, system of management, plan of real estate resource utilization
Abstract
Over the last decade Poland has transformed into a market-oriented economy based on private ownership. The local land market has been undergoing continuous change since the beginning of 1990s, to finally reach stabilization. The emergence of the land market was one the reasons for the development of the real estate trading system in Poland, which is still subject to ongoing transformations induced by a variety of factors. One of the them is the constantly increasing value of real estates. When expressed in terms of money and compared to the value of other things and objects, this value remains high. It means that the increase in the value of a property, as a valuable thing, affects the increase in the significance of the thing itself. Such a situation is observed in the real estate sector in Poland. This sector is still developing, and today its growth is stimulated by high rates of return on capital invested in the land market. The term „real estate sector” pertains to both private and public property, the latter comprising real estate resources. In Poland the public sector is dominated by two types of resources, namely state-owned and communal, accompanied by real estate resourced managed by local governments at the district (poviat) and province (voivodship) level. Their importance for national economy results from the role played by real estates in the investment processes realized on the land market, as well as in all processes related to social and economic development. The space management process, governed by market principles, requires efficient use of all factors involved. Therefore, the establishment of a market-oriented economy in Poland was followed by adopting certain regulations and guidelines regarding real estate management and planning, so as to ensure that these processes are rational and effective, and that they bring the expected benefits. The Land Management Act of 1997 (Journal of Laws of 2004, No. 261, item 2603 with later amendments) introduced a set of uniform principles to be applied in respect of the use and management of public property resources. The use and management of private property resources is not regulated by any specific provisions. However, they should be governed by similar economic and social rules. The present paper constitutes the second part of a work consisting of two articles published in the current and previous issue of „Acta Scientiarium Polonorum. Administratio Locorum”. The purpose of this work was to determine the main tasks to be realized within the framework of the property resources management process. These tasks are to be performed in the systemic context, i.e. based on the concept of systemic management of communal real estates, proposed by Wiśniewski et al. [2006] and by Renigier & Wiśniewski [2006].
Pages
5-23
Cite
Janowski, A., Wiśniewski, R. (2008). MANAGEMENT OF REAL ESTATE RESOURCE IN MARKET CONDITIONS, part II. Acta Sci. Pol. Administratio Locorum, 7(2), 5-23.
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