The scale of the real estate development investment challenge allied with capital budget constraints has meant that the prospect of implementing innovative finance instruments has gained considerable momentum in recent years, at a time when Western European government policy has shifted towards...

The examination of the application of multiple regression analysis as a tool for modelling real estate aspects has been the object of several research papers. The latter mainly target to the explanation of commercial and residential property values and rental prices through the statistical...

Multiple regression analysis is widely used as a research tool for modeling several aspects of both commercial and residential property. Such statistical analysis is mainly implemented for the assessment of the effect of property characteristics on values and rental prices. The aim of this paper...

One of the many lessons to be learned from the recent global financial crises (GFC) relates to the damage done to the functioning of national banking systems by non-performing real estate loans both residential and commercial. In the European context the experience of banks in Cyprus, Ireland,...

The past five years have seen an explosion in activity from high net worth private individuals investing directly in real estate reflecting the relative strong returns provided by real estate, at a time when the cost of finance has fallen providing a positive arbitrage over the property yield....

This paper seeks to determine the long-term trends of office rents and capital values for Europeís major centres. Using previously un-exploited long run datasets the paper adopts modern econometric techniques to determine whether there is a long run relationship between rents capital values and...

"Traditionally headline institutional grade real estate investment activity in Europe has focused on established financial centers. This was not surprising given the needs of investors for competitive returns, secure income streams and liquidity. However, over the last decade the fundamental...

Securitized real estate prices have historically shown tendencies to rise substantially and then fall quickly, which is the case with the prices of many other traded assets. These episodes of price rallies and crashes may constitute the presence of positive or negative speculative bubbles in the...

The idea of the European Union is to achieve greater harmonisation across member states through a common monetary policy, more trade in goods and services, freer capital markets and more labour market integration. These ingredients are expected to make the countries more similar with respect to...

ERES:conference