We examine the decision to start a new mutual fund with particular emphasis on how this decision differences for the case of real estate funds. Our sample includes 1016 fund openings within the German mutual fund industry for the period 1992 to 2010. Within a logistic regression framework, the...

The UK property development industry is a key player in regeneration projects, which conventionally have been focused around area-based initiatives. Emerging policy has attempted to interlink a ësustainable developmentí agenda with a ësustainable brownfieldí agenda. These twin policy...

This paper deals with the indexes and the performance benchmarks used in the real estate market. The first part of the paper introduces a model for multiplesí analysis and classification. Real estate indexes can be divided into research or performance evaluation indexes according to their...

Property development has been a major contributor to the Malaysian economy and ultimately, it has a multiplier effect on other industry which supports property development. The industry is predominantly made up of private companies involved mostly in the residential and commercial development...

"Measurement (m2) and valuation (euro's) of non-residential property suffer from a lack of integral statistical observation. This limits the applicability in market analysis, (spatial) planning and forecasting of building activity. Aim of this research is to obtain on macro and sectoral level...

The volatility of tenant periodical cash flows produced by investment property can dramatically affect the expected return as estimated ex-ante, especially in recession times. Therefore tenant risk is a crucial factor for real estate investorsí strategies and asset allocation choices. The paper...

ERES:conference

The property-led urban development model, conceptualised by Cao and Keivani (2007), has been a paramount impetus for Chinaís robust prosperity over the past 30 years. Nevertheless, the defects of such model are inclined to swell. Problems in environmental, social and economic arenas have...

Affordable housing has been built in many countries all over the world. Yet the term ëaffordable housingí is interpreted and defined very differently despite a shared focus on housing the less well-off population group. In China, ëaffordable housingí was firstly introduced by the central...

"At the height of the ""Celtic Tiger"", the Irish Government introduced a number of measures designed to reduce inflation, (particularly increases in Real Estate prices) and dampen domestic expenditure. Amongst these measures, in a unique experiment, the Irish Government offered Irish residents...