The concept of a peak in value or a "100% location" is so well established in real estate that there is no reference to the term in recent real estate principles and appraisal texts. However, the land value section in appraisals of a regional shopping center did not apply the concept when...

This paper argues that tenant placement strategies for large-scale multi-unit shopping centers differ depending on the number of floor levels. Two core strategies are identified: dispersion and departmentalization. There exists a trade-off between three income effects: basic footfall effects,...

This paper investigates the effects of European monetary integration on the behavior of stock returns in European real estate companies from the perspective of a dollar-denominated investor. A range of statistical tests is applied to assess changes in segmentation, co-movement and causality. The...

Purpose: The purpose of this paper to provide a discussion of the empirical evidence and contributing factors of the synchronization of house prices globally. Design/methodology/approach: The author reviewed the main studies on house price synchronization and conducted an empirical analysis...

Purpose: The article analyzes the effects of the coronavirus disease 2019 (COVID-19) pandemic on commercial real estate prices, with a particular focus on European markets. Design/methodology/approach: The authors start by highlighting caveats to bear in mind when referring to direct real...

Purpose: The purpose of this paper is to investigate the accuracy and volatility of different methods for estimating and updating hedonic valuation models. Design/methodology/approach: The authors apply six estimation methods (linear least squares, robust regression, mixed-effects regression,...