Pooling the forecast outcomes from different models has been shown by Makridakis (1989), Clement (1989) and others to improve out-of-sample forecast test statistics beyond any of the individual component techniques. As well as conventional combining, a different approach to forecast combination...

ERES:conference

ERES:conference

ERES:conference

Fundamental to assessing the future direction of commercial property markets is a clear understanding on the demand for space. This paper examines new space occupiers in three leading Australian property markets, identifying their motives and rationale for the new space and the current macro...

This paper examines how accurate property experts have been in forecasting one and two year office supply. The study covers 12 years of new supply and refurbishment forecasts for Australian state capitals. A range of statistical tests shows that the expert's forecasts for new supply and...

ERES:conference

The structure of securitised property markets offers investors the opportunity for short-term gains compared with the long-term horizon for direct property investments. These potential financial benefits can be exploited by using forecasting techniques which can provide regular superior...

New business opportunities and challenges are changing the structure of organisations and altering the pattern and demand for space. These agents of change on organisations decision for new space formed the basis for a questionnaire survey of 167 new space occupiers. A degree of importance index...