Ranking of priorities for the development of sustainable construction in the cities

Abstract

Crisis of the immovable property sector resulted in disadvantageous conditions for legal entities operating in the field of construction and implementation of new property development projects. This necessitates the need to assess the effectiveness of investments into new markets, considering the current developmental trends of the construction sector, which are related to implementation of sustainable construction projects. These are the reasons behind the creation of a typical calculation model, which could be adapted for an effective and uncomplicated assessment of investment rationale in new markets while ensuring the adherence to principles of sustainable development. A multiple-criteria task is formulated, which aims to determine the rank of priorities among cities of the Baltic states; and multi-criteria methods MOORA and MULTIMOORA are used for decision-making.