This paper presents information on institutional investorsí and investment consultantsí attitudes towards and their performance assumptions for the alternative asset classes, property, and the mainstream markets. It also gives estimates of UK institutional exposures to these asset classes....

Housing policies in many countries emphasise that households should have the possibility to own their own homes. In order to achieve this goal, it is important that the financial threshold for purchasing a dwelling is kept at a low level. The Scandinavian housing cooperatives provide an...

Office buildings depreciate at an ever increasing pace. Due to functional or aesthetical obsolescence or relative ageing as a result of new building additions, office buildings are left vacant and become redundant. Often these office buildings are not older than 10-15 years. Adaptive reuse or...

The past five years have seen an explosion in activity from high net worth private individuals investing directly in real estate reflecting the relative strong returns provided by real estate, at a time when the cost of finance has fallen providing a positive arbitrage over the property yield....

This study distinguishes between value and valuation theory as specified by Wendt (1974) and Grissom (1981, 1985) with an investigation of Marshallís synthesis and hierarchal structure of price, capitalization, and cost as theoretical premises supporting valuation techniques. These techniques...

"During seminar organized at United Nations Economic Commission fo Europe (UNECE) Headquarters in Geneve by the relative Real Estate Market Advisory Group (REM) and the UNECE Secretariat, it was highlighted that the current global financial crisis is the result of inadequate regulation of real...

A growing awareness within the real estate sector about how much the business is peopledriven and how diverse the workforce actually is underscores the need for studies on people management within the sector. Remuneration programmes are important tools in this regard; however, studies on these...

"Homeownership rates are very different across European countries. They range from below 50% in Germany to over 80% in Greece, Spain or Ireland. However the differences lie not only in the overall homeownership rates but also in its structure, and this is the focus of this paper. Its aim is to...

This paper presents an Advanced Forecasting Information System - PYTHIA - estimating real estate values. PYTHIA was developed with MS Visual Basic.NET and Dundas Chart for .NET. Database was developed with MS SQL Server 2000. System implementation includes the processes of sub-system development...

The existence of a foreclosure system is a presumption for an efficient mortgage system with high loan-to-values (LTV). Denmark is among the countries with the highest debt among owner-occupiers and other mortgage borrowers. Since 1979 Statistics Denmark has published data on foreclosures,...