Domestic and overseas experience No. 3 (2022): Real estate: economics, management

Asset management tools used by institutions of higher education (cases of state universities)

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Asset management tools used by institutions of higher education (cases of state universities)

Authors

  • Roman Vyacheslavovich Volkov Russian University of Transport (RUT)

DOI:

https://doi.org/10.22337/2073-8412-2022-3-55-69

Keywords:

higher education, legal forms of universities, assets of higher education institutions, real estate management

Abstract

State universities, whose assets are dominated by buildings erected at the end of the 19th–first half of the 20th century, are facing a problem associated with significant depreciation of the property fund and an increase in the cost of its maintenance.

Professional real estate management allows to considerably extend the life cycle of real estate facilities and increase the efficiency of funds spent on its maintenance. To choose the most effective methods of managing the assets of state universities, that will ultimately rise the efficiency of the universities, it is necessary to identify current mechanisms and methods of state property management.

The article analyzes the legal organizational forms of Russian universities and the procedure of interaction between the state university and the property owner. The current mechanisms used to manage the assets of a state university are described, including various methods of disposal, use and possession of real estate facilities.

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Published

2022-10-07

Issue

Section

Domestic and overseas experience

How to Cite

Asset management tools used by institutions of higher education (cases of state universities). (2022). Real Estate: Economics, Management, 3, 55-69. https://doi.org/10.22337/2073-8412-2022-3-55-69

Keywords

higher education legal forms of universities assets of higher education institutions real estate management

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