Properties with outstanding green features and their potential influence on increasing rents and values in the market place associated with higher economic performance on investments have been investigated on a global scale in the past. As a result the upside of green credentials is well...

In this contribution we establish hedonic pricing models integrating spatial effects. Based on prices for more than 52,000 residences in the Vienna region, which are arranged by postal code, we specify a hedonic regression model which explains the price structure in this sample. For this purpose...

Because of the changes in global climate, our civilization stands before some profound transformations which will affect all areas of our lives. In scientific circles it is now generally accepted that a significant portion of the climatic changes is due to human activity. However, up until now...

Because of the changes in global climate, our civilization stands before some profound trans-formations which will affect all areas of our lives. In scientific circles it is now generally accepted that a significant portion of the climatic changes is due to human activity. However, up until now...

Sustainability in cohesion with real estate investments is still at its initial stage. However, the topic has become more and more attractive over the last years within the field of research. A few prior studies have shown that companies, who act according to an ESG-Agenda, are characterised by...

Based on more than 10.000 observations of rental flats in Vienna, collected from 2004 to 2006, we apply Bayesian structured additive regression models to estimate hedonic price equations. For this purpose we use explanatory variables such as the buildingís year of construction, its total floor...

A green agenda turned into a growing subject throughout an increasing number of European listed real estate companies over the last decade. However, the focus on sustainability is probably not only goodwill or partly legislation driven, instead moreover a benefit driven action to achieve a...

Terms such as sustainability, climate change or green buildings belong in the meantime no longer to the exotic foreign words, they became rather common. The focus of the building and real estate economy is in change, which is subject not only to the time, but above all the circumstances....

Every year natural hazards cause damages to the building stock amounting to millions or even billions of Euros in Germany. The accelerating climate change involves an increasing number of extreme weather events with adherent additional issues. These extreme weather events lead to restrictions of...

In terms of climate change mitigation, the response of the property sector is apparent by the diffusion of green buildings. Hence, it is necessary to analyse its diffusion pattern in order to identify the current stage of adoption. By now, the focus of the green building diffusion literature...