Fuerst, Franz; Grandy, Anna‐Maija - In: Journal of Property Investment & Finance 30 (2012) 2, pp. 159-174
Purpose – Expectations of future market conditions are acknowledged to be crucial for the development decision and hence for shaping the built environment. The purpose of this paper is to study the central London office market from 1987 to 2009 and test for evidence of rational, adaptive and...