Hendershott, Patric H.; Lizieri, Colin; Macgregor, Bryan D. - European Real Estate Society - ERES - 2008
The London office market is one of the most researched market in the world owing both to size and data availability. Prior work modelling office market rental adjustment was based on only two decades of data that were dominated by less than an incomplete real estate cycle (Hendershott et al, 1999; 2002;...