Generally real estate is considered a long term investment, but performance monitoring is done on the short-term by comparing with a yearly benchmarking; the ROZ/IPD index in the case of the Dutch market. An essential deficiency in this approach is that the corresponding risk profile of the...

When we plan and construct business districts, roadways, sidewalks, the most important priority is to understand pedestrian excursion behavior. Furthermore, we can integrate íactivityî and ídemandî and distribute public equipment and stores properly, to improve the consumer experience and...

Changes in the mortgage industry have been swiftly effected over the past few years. Many of the changes have come about as a response to the high level of observed delinquencies and defaults on residential mortgages as house prices plummeted and others have evolved from continuing concerns...

This paper investigates assumed capitalisation rates in 3400 DCF valuations of office properties in Stockholm, Gothenburg and Malmˆ during the time period 1998-2004. The study investigates determinants of property-level variation in cap rates and how going in and exit cap rates relate to...

"The purpose of this paper is to discuss conceptual issues related to the bank credit assessment decision in the context of current events in the financial markets. To add to the theoretical discussion, a case study of a large Swedish bank will be conducted and data will be captured and then...

Real Estate Securitisation has become a broadly discussed topic during the last 2 years. There are many initiatives and discussions around the topic of Real Estate Investment Trusts, Commercial Mortgage-Backed Securities and Real Estate Asset-Backed Securities. While the term íReal Estate...

"The construct ""Mortgage Lending Value"" (MLV) is used almost exclusively within the German-speaking countries. In contrast, until today most other countries haven't paid much attention to this value.1 When funding real estate investments, it is in most cases sufficient to calculate the market...

The paper analyses the characteristics of institutional investments in the German real estate market and refers to the study of íInstitutional Investments in Real Estateî presented by Michael Truebestein and Wolfgang Schaefers at the 12th Annual European Real Estate Society Conference in...

Three distinct but related markets ñ the market for space, the capital market and the market for physical assets ñ contribute jointly to commercial property performance. Typically supply and demand in each of these markets is analyzed in isolation. A simple graphical analysis, similar in...

Past intra-urban mobility studies have shown that the decision to seek a new residence is generated by a multiplicity of push and pull factors interacting in a complex manner to influence the íplace utilityî derived by a household. The household is likely to initiate a move to an alternative...