Purpose The London office market is a major destination of international real estate capital and arguably the epicentre of international real estate investment over the past decade. However, the increase in global uncertainties in recent years due to socio-economic and political trends...

Purpose: This article aims to understand the housing needs of older people and to ascertain the level of demand and supply of age-related housing in Scotland. It also explores interest in different types of retirement accommodation and tenure options. Design/methodology/approach: A review of...

Purpose: Homeownership has been the main focus of housing policies in most countries. Typical means that households use to achieve homeownership is to take out a loan and supplement this with accumulated wealth for a downpayment. This paper aims to analyze the mortgage demand behavior of...

Purpose: Property often forms the biggest component of household wealth and assets. Irrespective of landowners’ willingness, the act of compulsory acquisition abruptly ceases the security that this ownership carries. This often induces dissatisfaction among affected landowners over the: loss...

The Mallinson Report , published in 1994, emphasised the need for valuers to develop expertise for the purpose of estimating the worth of property investments. Implicit in attempts to estimate worth is the assumption that the property market displays some level of inefficiency and that, in such...

This paper examines the measure of compensation payable for electricity wayleaves through afforestation and considers the merits of using a discounted cash flow approach to calculate the level of compensation. The research finds that the majority of negotiations take place “under the shadow”...

Multiple ownership of land can act as a significant barrier to brownfield redevelopment. Despite renewed interest in compulsory purchase, it is unlikely to become the normal remedy for multiple ownership, owing to its cost and complexity. Drawing on international experience and recent research,...

The authors examine the nature and significance of ownership constraints within the urban redevelopment process. They suggest that such constraints derive from the distinctiveness of land as a commodity, the imperfect nature of the land market, the behavioural characteristics of landowners, and...