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2004•The Japanese Journal of Real Estate SciencesOpen access

Real Estate and Real Estate Business Observed Through the Conversion Method

Yasuhiko NAKAJO

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Abstract

The life of the architecture in Japan is relatively short. The long term application of the structure hascome to be evaluated even in our country. The reasons are global environmental problems andincrease of the risk of a newly built building business. The conversion is the method that revives thestructure that lost competitive power by repair. The new function is being formed to implement theconversion. There is the possibility that the new function develops the real estate of Japan into correctdirection. On the other hand, there is the problem that the conversion is not positioned correctly on apolicy.

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The life of the architecture in Japan is relatively short. The long term application of the structure hascome to be evaluated even in our country. The reasons are global environmental problems andincrease of the risk of a newly built building business. The conversion is the method that revives thestructure that lost competitive power by repair. The new function is being formed to implement theconversion. There is the possibility that the new function develops the real estate of Japan into correctdirection. On the other hand, there is the problem that the conversion is not positioned correctly on apolicy.

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Available abstract

The life of the architecture in Japan is relatively short. The long term application of the structure hascome to be evaluated even in our country. The reasons are global environmental problems andincrease of the risk of a newly built building business. The conversion is the method that revives thestructure that lost competitive power by repair. The new function is being formed to implement theconversion. There is the possibility that the new function develops the real estate of Japan into correctdirection. On the other hand, there is the problem that the conversion is not positioned correctly on apolicy.

Key concepts: Real estate, Cost approach, Function (biology), Architecture, Corporate Real Estate, Power (physics), Business, Computer science

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