Entwicklung des Marktes für Industrieimmobilien -- Banken- und kapitalmarktseitige Betrachtung -- Beurteilungs- und Bewertungsstandards für Industrieimmobilien -- Technische Betrachtung von Industrieimmobilien -- Industrieimmobilien aus Sicht der Fondsbranche -- Industrieimmobilien aus Sicht...

Using simulation analysis and property-level data for the U.S., we compare performance metrics for portfolios containing varying proportions of gateway and non-gateway markets. Risk-adjusted performance is found to be similar across types of markets. Gateway markets have higher appreciation and...

We show that banks "extended-and-pretended" their impaired CRE mortgages in the post-pandemic period to avoid writing off their capital, leading to credit misallocation and a buildup of financial fragility. We detect this behavior using loan-level supervisory data on maturity extensions, bank...