Analysis of the Barriers and Strategies to Sustainable Property Management Practices in Anambra State, Nigeria (Published)
Real estate industry is a significant contributor to global environmental crises such as climate change, pollution, which calls for urgent need to embed sustainability in real estate industry especially in the area of property management. This study assesses the barriers and strategies to sustainable property management practices in Anambra State, Nigeria. Structured questionnaire was used to collect data from (29) estate surveying firms, while 25(86%) was retrieved and used for the study. Respondents were required to rate the barriers and strategies based on 5 point likert scale. Presentation and analysis of data was done using frequency tables, percentages and mean score. From the study economy stability, lack of technological knowhow, government policy on sustainability and financial constraints were major barriers to sustainable property management in the study area ranking first, second, third and fourth respectively. The study also found out that water conservation, waste recycling, energy efficiency and conservation, use of renewable resources, waste management and education and engagement of tenant in sustainability practices were some of the strategies that can be adopted in sustainable property management. The study therefore recommends that the government and real estate professional bodies should encourage sustainable property management practice by creating public awareness, promoting training and providing financial support on sustainability.
Keywords: Anambra State, Barriers, Nigeria, Strategies., Sustainability, property management