This paper investigates short-run variations in office, retail and industrial rents in nine major cities in Finland over the 1990-2002 period. The study is motivated by the lack of research on modelling local rents in continental Europe and by the need to understand more fully the relationship...

The present study examines whether office capital growth in the Helsinki property market adjusts asymmetrically to the business cycle over the period 1971Ã’2002 using the framework of the autoregressive-moving average model with exogenous explanatory variables (ARIMAX). In order to introduce...

This paper presents an econometric investigation of office returns determination in the Helsinki area, a small European market, over the thirty-year period 1971-2001. Particularly, the study investigates the variation in office capital growth, which is the most volatile component of office total...

This paper presents an econometric study of office returns determination in the Helsinki area, a small European market, over a 30-year period from 1971 to 2001. Particularly, the study investigates the variation in office capital growth, which is the most volatile component of office total...

An increasing amount of research has been devoted to internet search query data and its application to predict a broad variety of indicators such as stock/property markets, unemployment or flu infections.This paper aims to investigate whether changes in internet queries can be used to formulate...

This thesis advises on the optimal index construction technique on behalf of the commercial real estate broker organisation Dynamis in the Netherlands. The database contains 1993 rent-renewals in fifteen years of brokerage from 1984 to 1998. Out of the plethora of indices available in the real...

This paper aims to examine the issue of economic diversification in the context of the office markets in New York and London. These two markets are two of the most liquid office markets and attract a large degree of international investment. However, both cities are key financial service centres...

Several studies have analyzed the role of real estate in a multi asset portfolio, but little work has been done on how to formulate real estate strategies within the context of a multi asset portfolio. An unconstrained real estate strategy needs to take into account the impact of leverage as...