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Ranking of office lease options by multi-criteria methods

Author

Listed:
  • Ginevičius Romualdas

    (Bialystok University of Technology, Faculty of Management, Department of Business Informatics and Logistics, Poland)

  • Ginevičius Tomas

    (Vilnius Gediminas Technical University, Business Management Faculty, Lithuania)

  • Gedvilaitė Dainora

    (Vilnius Gediminas Technical University, Business Management Faculty, Lithuania)

  • Stasiukynas Andrius

    (Vilnius Gediminas Technical University, Business Management Faculty, Lithuania)

Abstract

Due to the growing scales of business and internationalisation, the issue of the office lease is becoming more and more relevant for companies. They are becoming an inherent part of business, on which the results of the commercial activity depend. Currently existing methodologies for the assessment of the office lease options are imperfect as they lack complexity; they are not associated with the objective of the lease – the improvement of the business results; the methods of the quantitative assessment of lease options are far from perfect. The paper aims at formulating the hierarchical indicator system of commercial real estate facilities (offices) adjusted for the multi-criteria assessment and at calculating the lease options based on this indicator system. To achieve this goal, the following methods have been used: scientific literature analysis and multi-criteria assessment methods.

Suggested Citation

  • Ginevičius Romualdas & Ginevičius Tomas & Gedvilaitė Dainora & Stasiukynas Andrius, 2016. "Ranking of office lease options by multi-criteria methods," Engineering Management in Production and Services, Sciendo, vol. 8(4), pages 86-93, December.
    • Handle: RePEc:vrs:ecoman:v:8:y:2016:i:4:p:86-93:n:9
    DOI: 10.1515/emj-2016-0036
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