Valuation is the process of estimating price in the market place. Yet, such an estimation will be affected by uncertainties. These input uncertainties will translate into an uncertainty with the output figure, the valuation. The degree of the uncertainties will vary according to the level of...

"In order to develop sustainable office environments that meet future requirements, the ongoing changes in the work environment have to be understood. But these changes are multifaceted, affect different disciplines and manifest themselves on different levels. Therefore, they should be analysed...

Our project deals with the yet unchartered topic íRelevance of Smartphone applications in the search for real estate in the German-speaking regionî. Market analyses assume rapid growth of the number of augmented reality applications. Hence, it is expected that there will also be an increase in...

The increasing complexity und dynamics of the environment of companies have led to a higher demand on the managerial ability of senior management. To support senior management, a function and also institution called íControllingî has been introduced in German companies. íControllingî, a...

Screening equilibria, mainly those a la Rothchild-Stiglitz(1976), have been widely used to explain various aspects of mortgage contracting. In the real world, however, most mortghage contracting processes involve both signalling and screening. In this paper, we combine signalling and screening...

This work is aimed at explaining the closed-end fund puzzle using the írationalî or funda-mental approach on a sample of tax-privileged real estate companies. NAV discounts in UK REITs and French SIICs over a five-year period is analyzed in order to find its drivers also us-ing a new...

In most developed countries, no current complete inventory of the size of the commercial real estate (in terms of sq ft or value) market exists. While the investment is real estate is large, it is not a category tracked by most governments, except possibly in terms of íflowî through building...

The application of factorial design on product quality management is becoming increasingly more popular [1, 2, 3]. The essence of the numerical technique lies with its efficiency on determining both the influence of the main effects and their combined effects on optimising the desired qualities...

With significant declines in home prices since 2007, many U.S. households have found the balance of their mortgage exceeding the value of their property. These underwater homes leave owners with the dilemma of continuing to pay on their note or relinquishing their property either through...

The use of virtual learning environments (vle) to enhance autonomous learning by students is being introduced into a number of real estate courses throughout Europe. At the same time the built environment professions are moving towards a more multi-disciplinary and international approach in...