In the paper the authors provide a model to describe market imperfections on rental markets and their impact for an equilibrium rent. Real estate differs in many aspects regarding size, site, quality, etc. Therefore, there is no consistent rental market, but the market is divided into different...

The actors in the fields of construction/building industry and real estate, banking and insurance as well as fund/stock management intensively deal with the subject what consequence a stronger consideration of principles of sustainable development will have on each particular core business....

Real estate is considered more and more as an asset class that has to compete with other financial investment options like stocks and bonds. Additionally, real estate is often included in multi-asset portfolios for diversification purposes since academic research suggests that real estate...

The real estate sector has to increase its efforts to contribute to a sustainable development. This concerns primarily energy efficiency and the CO2 emission of the buildings, as well as secondary aspects like healthy living, a considerate use of natural resources during construction and...

A constantly rising importance of active risk management can be observed with regard to housing companies. Even small and medium-sized enterprises acting locally will not be able to withstand this trend. Due to the long life cycle of property assets it is particularly important that the risk...

An increasing amount of research has been devoted to internet search query data and its application to predict a broad variety of indicators such as stock/property markets, unemployment or flu infections.This paper aims to investigate whether changes in internet queries can be used to formulate...

This thesis advises on the optimal index construction technique on behalf of the commercial real estate broker organisation Dynamis in the Netherlands. The database contains 1993 rent-renewals in fifteen years of brokerage from 1984 to 1998. Out of the plethora of indices available in the real...

This paper aims to examine the issue of economic diversification in the context of the office markets in New York and London. These two markets are two of the most liquid office markets and attract a large degree of international investment. However, both cities are key financial service centres...

Several studies have analyzed the role of real estate in a multi asset portfolio, but little work has been done on how to formulate real estate strategies within the context of a multi asset portfolio. An unconstrained real estate strategy needs to take into account the impact of leverage as...

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