The paper uses the data of the moving cost survey from 2003 to 2005 to investigate the factors influencing the business performance of estate agents in England and Wales, based on the theory of market attractiveness and resource-based capabilities. The empirical analysis indicates that the...

The past two decades have witnessed substantial change in the Chinese economy. Consequent upon this has been significant new office development. Beijing and Shanghai are the two largest commercial property markets in China. These two markets emerged since 1990s and have been growing and becoming...

The Shanghai office market has developed rapidly over the past two decades. As a consequence of this development two, apparently distinct, office markets, i.e. central Puxi district and Lujiazhui district in Pudong, have developed in central Shanghai. This raises the issue as to whether the...

Corporate earnings management may generate serious market impacts by misleading investors and causing the misallocation of resources. Our paper represents one of the first comprehensive analyses of earnings management for Chinese listed property companies. Using data from 2001-2008, we examine...

Modern commercial office market in Shanghai emerged with Chinaís economic reform and open door policy in the 1980s and grew fast at the beginning of 1990s, with increasing demand for office space from foreign and domestic occupiers. Though total real estate investment is skewed towards...

With the adoption of an open door policy and economic reform, China began to integrate into the global economy. Marketisation and rapid economic growth in the 1980s at first created a market of user demand for land and buildings from overseas investments and local businesses, subsequently, the...

The objective of the research is to investigate the relationship between financial reporting disclosure and the financial performance of European publicly traded real estate companies. Information risks and agency costs are key issues for investors. Agency costs arise when managers have...

Over the past two decades, the sustainability of buildings has grown in importance as part of a strategy of carbon reduction. However, the impetus for change has created a significant gap between the environmental performance of existing and newly built stock. New stock meets stringent building...

Increased levels of personal technology have made some types of work much more mobile than ever before. This creates a potential dichotomy between mobile, flexible personal workspace and static, inflexible, inelastic workplaces. As occupiers of property struggle to balance demand with the...

This paper represents the first systematic attempt to develop an econometric model of retail rent determination in Chinese cities. It investigates rent determination in three major Chinese retail centres – Beijing, Shanghai and Guangzhou – over the period 1999 to 2012. The study...