Purpose: Recent findings from a monitor containing around 1.5 million homes in the Dutch non-profit rental sector show that the improvement of the energy performance of the respective homes is mostly carried out in small steps: single measures per dwelling dominate and deep energy renovations are rare. From the way in which housing providers conceive and implement their portfolio and asset management strategies, the purpose of this paper is to explain for the dominance of the small interventions and investigate the argument for a more concentrated allocation of budget resources. Design/methodology/approach: In total, 12 housing providers with different energy investment policies were selected and interviewed. Findings: Results show that energy investments, as most other investments, must fit in regular investment schemes and have to follow general decision criteria such as the lifespan of the respective building element and the market position of the respective dwelling. As these schemes are limited in budget and time, the room for a more concentrated allocation of budget resources is small. Research limitations/implications: The number of organisations interviewed is obviously not statistically representative, but gives a good indication of the investment planning practice in the Dutch non-profit housing sector. Originality/value: Much has been written about the (slow) progress of the energy performance in the housing sector, but not about the more structural organisational forces behind this progress.
|Journal||International Journal of Building Pathology and Adaptation|
|Publication status||Published - 2017|
Bibliographical noteAccepted Author Manuscript
- Asset management
- Energy performance
- Portfolio management
- The Netherlands