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It has been frequently observed that office markets are subject to particularly high fluctuations in rents and vacancy levels, thus exposing real estate investors to considerable risk regarding expected future income streams. This paper analyzes the determinants of office rents and their...
Persistent link: https://www.econbiz.de/10015268526
price formation and its stability across space and over time. No support is found for the single-market hypothesis which …
Persistent link: https://www.econbiz.de/10005009978
It has been frequently observed that office markets are subject to particularly high fluctuations in rents and vacancy levels, thus exposing real estate investors to considerable risk regarding expected future income streams. This paper analyzes the determinants of office rents and their...
Persistent link: https://www.econbiz.de/10005616597
It has been frequently observed that office markets are subject to particularly high fluctuations in rents and vacancy levels, thus exposing real estate investors to considerable risk regarding expected future income streams. This paper analyzes the determinants of office rents and their...
Persistent link: https://www.econbiz.de/10012728816
This study analyzes the regional spatial dynamics of the New York region for a period of roughly twenty years and places the effects of the 9/11 terrorist attacks in the context of longer-term regional dynamics. The analysis reveals that office-using industries are still heavily concentrated in...
Persistent link: https://www.econbiz.de/10012712624
long-lasting impact on the Manhattan office market. Of the companies that decided not to return to Lower Manhattan after 9 … crisis. Moreover, the set of so-called "trophy" buildings proved to be less affected by the recession than the general market …
Persistent link: https://www.econbiz.de/10015215597
labeled buildings. However, the effects are concentrated in certain market segments. …
Persistent link: https://www.econbiz.de/10015217193
labeled buildings. However, the effects are concentrated in certain market segments. …
Persistent link: https://www.econbiz.de/10015217514
concentrated in certain market segments. …
Persistent link: https://www.econbiz.de/10015217515
The environmental performance of a building is rapidly gaining importance as a metric in real estate investments. This study investigates the price effects of environmental certification on commercial real estate assets. It is argued that there are likely to be three main drivers of price...
Persistent link: https://www.econbiz.de/10015217803