{"title":"Assessing the value of flexibility in the Dutch office sector using real option analysis","authors":"J. Poort, J. Hoo","doi":"10.1109/INFRA.2008.5439619","DOIUrl":null,"url":null,"abstract":"Flexibility is one of the key aspects of the Zuidas project, a major construction project for office and housing space in the Amsterdam region. Real option analysis was used to estimate the value created by two specific kinds of flexibility: the option to postpone the construction of office space after certain preparations have been made, and the option to turn housing space into office space after a certain time.","PeriodicalId":207041,"journal":{"name":"2008 First International Conference on Infrastructure Systems and Services: Building Networks for a Brighter Future (INFRA)","volume":"1 1","pages":"0"},"PeriodicalIF":0.0000,"publicationDate":"2008-11-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"1","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"2008 First International Conference on Infrastructure Systems and Services: Building Networks for a Brighter Future (INFRA)","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.1109/INFRA.2008.5439619","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
引用次数: 1
Abstract
Flexibility is one of the key aspects of the Zuidas project, a major construction project for office and housing space in the Amsterdam region. Real option analysis was used to estimate the value created by two specific kinds of flexibility: the option to postpone the construction of office space after certain preparations have been made, and the option to turn housing space into office space after a certain time.