"In geographic information systems (GIS) the collection, combination, analysis and visualization of spatial data is carried out in digital maps. Due to the significance of the location for this spatial data basis a commercial use of GIS seems to be suitable for the real estate economy. In German...

Purpose - The main objective of this paper is to illustrate the prospects but also the limits of quantifying external benefits of urban and real estate development projects using the method event study. Another objective is the comprehensible derivation of an appropriate controlling system in...

The matter of external effects is already well analysed and discussed in various disciplines: welfare, environmental or regional economics analyse the (un)desired externalities in different contexts. However, a suitable comprehensive approach to measure positive external effects induced by...

Financial and real estate crises and “the new way of working�� reduce the need for office space, and office markets become replacement markets without a quantitative need for new office buildings: New buildings drive out bad buildings. In the Netherlands, currently 15% of the office...

RICS code of practice ëService Charges in Commercial Propertyí was introduced in 2007 with intention to promote best practice guidelines in the provision and management of commercial service charges. The paper seeks to view the compliance of the code after two years from its inception....

ERES:conference

There is a great deal of variation in the ëprimeí or ëGrade Aí rents achieved in different cities across the world. The level of economic development, as proxied by GDP or GDP per capita is an important explanator, but it is by no means the only one. Many cities in advanced nations have...

This paper uniquely discovers the steady state as well as the general equilibrium dynamics and structure behind the case behavior of Singaporeís Central Area office sector, specifically in terms of its net space absorption, rent and capitalization (cap) rate. Domestic and foreign investors are...

With the meteoric rise of private wealth world wide, and the recent downturn of high tech stocks, direct investment in real estate has become an increasingly attractive proposition for high net worth investors. Private banks have set up ëfamily officesí and many investment banks have branched...

The present paper deals with the progressive approaching which has been taking place in Italy in the last few years between the interests of real estate investments and the interests of financial investments. The creation of a portfolio made up of a multiplicity of investments represents a...