<abstract xmlns="http://www.w3.org/1999/xhtml">

<p>There is an importance for innovation hubs in the field of real estate development as they enhance sustainability, promote technological developments and encourage collaboration. The innovation hubs help to integrate modern technologies, which decrease the associated costs and increase productivity. Moreover, innovation hubs allow the systematic organization of construction activities and achieve sustainable development goals. This paper aims to evaluate the multiple factors influencing construction logistics in developing the real estate sector through innovation hubs. The research used quantitative methodology and relied on two data acquisition techniques. The primary or unpublished data is obtained through an online survey, and secondary data is procured through already published articles and journals. The obtained survey data is analysed using factor analysis. The main factors are performance factors, optimization factors, ecological factors and growth factors. The authors developed a model according to factor analysis results. The recommendations are implementing innovative forums which help to update and adopt innovative technologies. Also, performance analysis mechanisms should be implemented to analyse workers’ productivity.</p>
</abstract>

There is an importance for innovation hubs in the field of real estate development as they enhance sustainability, promote technological developments and encourage collaboration. The innovation hubs help to integrate modern technologies, which decrease the associated costs and increase productivity. Moreover, innovation hubs allow the systematic organization of construction activities and achieve sustainable development goals. This paper aims to evaluate the multiple factors influencing construction logistics in developing the real estate sector through innovation hubs. The research used quantitative methodology and relied on two data acquisition techniques. The primary or unpublished data is obtained through an online survey, and secondary data is procured through already published articles and journals. The obtained survey data is analysed using factor analysis. The main factors are performance factors, optimization factors, ecological factors and growth factors. The authors developed a model according to factor analysis results. The recommendations are implementing innovative forums which help to update and adopt innovative technologies. Also, performance analysis mechanisms should be implemented to analyse workers’ productivity.

Development of Construction Logistics Strategy in Real Estate through Innovation Hubs

Baltic Journal of Real Estate Economics and Construction Management

This work is licensed under the Creative Commons Attribution 4.0 International License.

There is an importance for innovation hubs in the field of real estate development as they enhance sustainability, promote technological developments and...

Development of Construction Logistics Strategy in Real Estate through Innovation Hubs

Published Online: Jul 24, 2024

Page range: 150 - 165

Received: May 29, 2024

Accepted: Jul 09, 2024

DOI: https://doi.org/10.2478/bjreecm-2024-0010

Keywords
Factor analysis, innovation hubs, logistics strategy, real estate sector

© 2024 Anandhu Vijayakumar et al., published by Sciendo

This work is licensed under the Creative Commons Attribution 4.0 International License.

Development of Construction Logistics Strategy in Real Estate through Innovation Hubs

Published Online: Jul 24, 2024

Page range: 150 - 165

Received: May 29, 2024

Accepted: Jul 09, 2024

DOI: https://doi.org/10.2478/bjreecm-2024-0010

KeywordsFactor analysis, innovation hubs, logistics strategy, real estate sector

© 2024 Anandhu Vijayakumar et al., published by Sciendo

This work is licensed under the Creative Commons Attribution 4.0 International License.

Keywords
Factor analysis, innovation hubs, logistics strategy, real estate sector