This paper examines the effects of property age on the operational efficiency, firm risk, stock performance, and executive compensation of real estate investment trusts (REITs). Using a large property-level data set of U.S. equity REITs from 1995 to 2020, we construct a firm-level property age...

This eBook contains six chapters on the application of quantitative techniques to real estate, they are as follows: 'To use or not to use; which type of property should you choose? Predicting the use of activity based offices' by Rianne Appel-Meulenbroek, Astrid Kemperman, Marleen Kleijn and Els...

We examine the effect of direct mail (commonly referred to as junk mail) advertising on individual financial decisions by studying consumer choice of home equity debt contracts. Consistent with the theoretical predictions, we find that financial variables underlying the relative pricing of debt...