Accredited Bodies operating in conformity with the EN 45004 standards run the independent third party inspection in several countries of the European Community. These inspections are performed during the whole construction process. They involve, first of all, the assistance to the customer...

In this study, we examine how the transparency of securities affects herding among security analysts, measured in terms of the prevailing consensus and recent revisions by other analysts. Prior literature suggests a relationship between market information and analysts herding behavior, with the...

The European household borrowing has been growing significantly for some years, mainly stimulated by the residential mortgage demand. This phenomenon has persuaded many European banks to consider strategically the possibility to seize the development opportunities of this business also on some...

Our empirical study analyzes house search duration in íhotî (rising prices) and ícoldî (declining prices) housing markets. It focuses on the effect of householdsí ex ante holding horizon ñ or the expected housing tenure at the time of their search ñ on the realized search duration. Our...

This study examines volatility patterns in Australian housing prices. This is undertaken by decomposing the conditional volatility of housing prices into a ípermanentî component and a ítransitoryî component via a Component-Generalised Autoregressive Conditional Heteoskedasticity (CGARCH)...

The housing standard is very high in Sweden and there is a strong legislative framework protecting tenants. It therefore came as a surprise when a number of rundown and badly maintained estates were given attention in the media. In this article we try to explain how this could happen in the...

This paper examines whether or not there is persistence in the performance of UK property funds. Such analysis of persistent performance is undertaken on returns relative to a benchmark and also on a risk-adjusted basis (i.e. íalphaî). The aim is to establish whether or not property is...

This case study illustrates the ëinspirational learningí project at Sheffield Hallam University (SHU), as applied to the Development Practice module on the final year of the BSc (Hons) Real Estate Development. In particular, it examines and assesses the application of information and...

Since the beginning of the financial crises in 2008 the ongoing liquidity problems of German Open Ended Funds (GOEFs) peaked as more and more institutional investors withdrew their capital. This capital movement forced a variety of funds to stop redemptions and currently about one third of the...

After a strong period of íAsset-Managementî (sale and resale of residential units) housing companies focus on íProperty Managementî. Based on a survey of TU Darmstadt (supported by Aareon) with 304 housing companies in Germany (housing cooperatives or communal, investors and administrators...