The authors model retail rents in the United Kingdom with use of vector-autoregressive and time-series models. Two retail rent series are used, compiled by LaSalle Investment Management and CB Hillier Parker, and the emphasis is on forecasting. The results suggest that the use of the...

ERES:conference

The analysis and forecasting of property yield movements is an area that increasingly attracts research interest. The sensitivity of capital values and total returns to yield shifts makes the correct prediction of yields a significant part of investment strategy. It is submitted that behavioural...

ERES:conference

Empirical research has established the close relationship between economic conditions and property market activity. This work has provided evidence on the economic and financial indicators that can provide early signals for the direction of property rents, capital values and returns. The present...

ERES:conference

ERES:conference

ERES:conference

ERES:conference

This paper employs a probit model and a Markov switching model using information from the Conference Board Leading Indicator series to detect the turning points in four key US commercial rents series. We find that both the approaches based on the leading indicator have considerable power to...