Englund, Peter; Gunnelin, Åke; Hendershott, Patric H.; … - European Real Estate Society - ERES - 2005
"Rent setting behavior of landlords relates to rental rates on new leases, while tenant demand for space depends on the average rental rate on existing space. Thus models of the space market need to identify the roles of these two rates. A market or new lease rent series is constructed for the...
