School of Environmental Technology (SET)

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School of Environmental Technology (SET)

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    Potential Impact of Smart Building Elements on Commercial Property Investments in Lagos State, Nigeria
    (FEDERAL UNIVERSITY OF TECHNOLOGY, MINNA, 2024) Joy E. Omoare; Unekwu J. Adama; Namnso B. Udoekanem; Rukaiyat A. Ogunbajo
    The impact of smart building elements on commercial property investment in recent years including the landscape of real estate investment has undergone significant transformation across the globe, particularly in emerging economies such as Nigeria. This study explores the potential effect of Smart Building Elements (SBEs) on commercial property investment in Nigeria, as the global narrative of real estate investment has been progressively influenced by the Fourth Industrial Revolution Technologies (Industry 4.0), particularly through the integration of (SBEs). In developed regions like the United States, evidence in literature suggests that investors are securing higher premiums in rents and transaction prices by incorporating technologies such as the smart building elements which include sensors, smart meters, smart security cameras, smart thermostats and smart lighting systems into commercial properties. SBEs address the complex demands of commercial spaces which include enhanced comfort, improved accessibility, heightened security, and efficient energy management. The study methodology is based on a review of published articles in peer-reviewed journals and conferences, accessed from online search engines including Google scholar, ResearchGate and Scispace. Results show SBEs facilitate predictive maintenance, enhance space utilization, achieve significant returns on investment, increase tenant satisfaction and retention. Notably, stakeholders (investors, facility managers and tenants) in the real estate sector are aware and accept SBEs. Nevertheless, predominant literature did not capture the tangible economic impact and the operational benefits SBEs can deliver in Lagos state, Nigeria. This research gap underscores a critical need for in-depth empirical study on how SBEs specifically affect commercial property investment outcomes in Lagos state, Nigeria.
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    Utilisation of Technology in Constructiion Material Logistics Process For Efficiency
    (World Building Confernce (WBC2022) RMIT University, Melbourne, Austrlia, 2022-07-30) Alumbugu, Polycarp Olaku , W W M., Tsado, A. j.& Ola-awo,
    The adoption of technology for logistics operations is critical for improving the total effectiveness and efficiency of a logistics system. However, the current technology used for construction materials logistics processes in the Nigerian construction industry are relatively unknown and inadequately investigated. The aim of this study was to determine the level of technology used in logistics processes by construction material manufacturers in North-Central Nigeria, with a view to improve operational efficiency thereby reducing cost. This article adopted a case study research design method in which quantitative data were collected and analysed. The target population was the North-Central geo-political zone of Nigeria. A total of 32 construction material manufacturers were purposively selected from the zone. The observation and measurement approaches were adopted for data collection for logistics processes. A total of 72 customers' orders were observed and recorded to be representative of deliveries from the sampled (n. = 32) manufacturers' warehouses to other terminals. The descriptive method of data analysis was employed using percentage and results presented in a form of bar charts. The study established low level of utilisation of technology such as, AutolD, order picking, communication, information technology, e-business, and technology in vehicles in logistics processes by the manufactures. This leads to inefficiencies in terms of speed, accuracy and reliability. It concludes by providing the construction material manufacturers with areas that requires technology to optimise material logistics operations. A recommendation is made for further study to explore why technology is not adopted by these companies, despite its advantage.