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"This paper tests whether integration value, a measure of geographic location, can help explain retail rents. The concept integration value, developed within the research field Space Syntax, can be understood as a measure of the accessibility of a certain location in a street network. The...
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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...
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The effect of accessibility upon rent is investigated for office properties located in Downtown Stockholm. Starting from the firm's cost minimization problem, a translog hedonic model is derived. The results suggest the model has good predictive power in explaining the variation in the log of...
Persistent link: https://www.econbiz.de/10012773309
This article investigates cross-sectional variation in retail rents on the micro level, i.e. differences in rent for shops on street X compared to shops on street Y. Retail rents from the inner city of Stockholm are analysed. Free standing shops dominate the database (i.e. not located in malls)....
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