The location choice of office firms is assumed to be primarily driven by the opportunities for face-to-face contacts; a concept strongly linked with agglomeration economies. However, it is recognised that other factors, such as prestige and image might also explain why firms prefer certain...

There is a sound theoretical base and intuitive expectation that urban office markets are too segmented to be accurately described by unitary market models. Nevertheless, previous studies of office market dynamics tend to concentrate on either national or metropolitan markets and assume a...

Financial and real estate crises and íthe new way of workingîù reduce the need for office space, and office markets become replacement markets without a quantitative need for new office buildings: New buildings drive out bad buildings. In the Netherlands, currently 15% of the office space is...

Financial and real estate crises and íthe new way of workingî reduce the need for office space, and office markets become replacement markets without a quantitative need for new office buildings: New buildings drive out bad buildings. In the Netherlands, currently 13% of the office space is...

Numerous office locations in the Netherlands are confronted with high structural vacancy rates. These spatial concentrations of vacant office buildings might cause an urban area to degenerate and as a consequence result in depreciation of real estate value. While the relationship between vacancy...

In all markets quality and revenues are considered to be connected. In the field of real estate, the íqualityî of the location is considered a particularly influential factor for the realised rent level and asset price. The office space user preferences concerning location characteristics,...

Ever since the Second World War, office markets world-wide could be characterised as growth markets. Since 2000 though, financial and real estate crises and íthe new way of workingî are reducing the need for office space, and office markets become replacement markets without a quantitative...

"Numerous office locations in the Netherlands are confronted with high structural vacancy rates. These spatial concentrations of vacant office buildings might cause an urban area to degenerate and as a consequence might result in depreciation of real estate values. While the relationship between...

The recent collapse of the non-residential real estate development & construction market rises the question, what the future demand will be for real estate space and how these will influence future development activities. The aim of this research is to provide a framework for stock-flow analysis...

The cyclic nature of real estate market is generally recognised and has received much attention. Especially, rent adjustments due to changing market conditions have been extensively studied. Quite a few authors have modelled rent adjustments as a function of (lagged) vacancy rates and others...