35 students, two members of staff and Dr. Carsten Lausberg, Professor of Real Estate Management at Nürtingen-Geislingen University (HfWU), have published a study on "The effectiveness of location analysis systems". These provide information on real estate locations.
They can help those responsible in the real estate industry to prepare a location analysis by providing information on the micro and macro location, for example. A total of twelve location analysis systems were examined in the study, which, according to the study, exhibit a high level of technical development, recognizable among other things by their ease of use and user satisfaction.
However, the study also shows that the majority of location analysis systems have good analysis capabilities, but low decision support capabilities. According to those responsible at the HfWU, there is still a lot of research and development work to be done before the systems can also provide good support for decisions by real estate companies on the use of a location. The full study is available to interested parties at hfwu.de.
Source: hfwu.de
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