Optimal database design for the storage of financial information relating to real estate investments

Sergey Trofimov*, Nikodem Szumilo, Thomas Wiegelmann

*Corresponding author for this work

Research output: Contribution to journalArticleResearchpeer-review

1 Citation (Scopus)

Abstract

The purpose of this paper is to examine state of the art data storage methods of real estate investment data. Design/methodology/approach: – It analyses the process of real estate investment in order to classify and characterize the data it generates. Appropriate literature review is provided. Findings: – The results show that a relational database is the most appropriate database management system type for real estate related data. Practical implications: – Appropriately structured and modelled data flow can improve the design of the real estate investment process. It is also concluded that adopting an optimal design of IT-solutions could improve informational and operational efficiency of the industry. Originality/value: – The subject of this paper lacks sufficient coverage. Popular database management systems are presented and analysed in the context of their suitability for the real estate industry.

Original languageEnglish
Pages (from-to)535-546
Number of pages12
JournalJournal of Property Investment and Finance
Volume34
Issue number5
DOIs
Publication statusPublished - 1 Aug 2016

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