prices on the post code level for Germany, taking into accout apartment heterogeneity and small sample sizes within regional …

counter-party risk and the standardisation of the contracts. These standardised contracts at an international exchange have a … Germany since 2006. The first trading in derivatives on the German IPD property index DIX (Deutscher Immobilien Index) at the … derivatives on a property index outside of the UK. Second, this derivative was the first option on a property index. Until then …