Real estate survey 2010: methodology
Euromoney magazine’s sixth annual Real Estate Survey canvassed the opinions of real estate developers, advisors, financial institutions, investors and corporate end-users worldwide.
We asked respondents which firms they thought were best at providing various real estate products and services in their market in the last 12 months. In the 2010 survey we received 1066 valid responses, a 12% increase on the 950 responses received in 2009.
Respondents were asked this year to identify the country and the type of market participants of which they have the most knowledge. They then nominated (in Part B of the survey) the companies which they thought were best, second and third in each category. Firms were also asked (in Part A of the survey) to provide some basic quantitative data about their real estate operations. The Overall category results are aggregates of the votes from Part B, the participation points awarded for nominating peers, and the points from Part A. Global and regional results are aggregates of country results.
The survey was conducted from March 24th until June 14th 2010.
How Part A was scored to contribute to country scores:
Part A constitutes 30% of the total score in each “Overall” category – e.g. the “Best Developer Overall” category is 70% weighted by the nominations received in Part B and 30% weighted by the data reported in Part A.
We used the quantitative information reported in Part A (various numbers of fields for the different participant types) to calculate a score for each firm. If only 1 field was scored it carried a weight of 3/7ths of the total points received from voting in that country in the relevant category (if there were 5 scored fields in part A - each was given a total value of 3/35ths). For each of the variables in Part A the firms were awarded pro rata points based on their share of the total for that variable in that country.
A firm must have received at least one vote in the country for them to be awarded their Part A points.
How Part B was scored to contribute to country scores:
For each company nominated we awarded points as follows:
1st place - 4 points
2nd place - 3 points
3rd place - 2 points
For each company casting a vote, we asked them to tell us for what category they should be nominated. We then gave them a small number of points for that category if they nominated their peers. These participation points were limited to a maximum of 3 per company per country.
Voting companies were allowed to provide up to 3 Part B responses in each country.
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