Ranking of office-lease options by multi-criteria methods

Abstract

Due to the growing scales of business and internationalisation, the issue of the office lease is becoming more and more relevant for companies [1,2]. They are becoming an inherent part of business, on which the results of the commercial activity depend. Current 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, i.e. the improvement of business results; the methods of the quantitative assessment of lease options are far from perfect. The paper aims to formulate the hierarchical indicator system of commercial real estate facilities (offices) adjusted to the multi-criteria assessment and to calculate 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.