Jones C. and Orr A. M. (2004) Spatial economic change and long-term urban office rental trends, Reg. Studies38, 281-292. The paper starts with the presumption that spatial economic change will have a strong influence on local long-term office rental trends. A number of hypotheses are developed...

Purpose: The importance of real estate’s sustainability rating has increased significantly. Studies undertaken in 2007 and 2016 show that, at acquisition, the rating rose from 7th to 3rd most important attribute. This shift in priorities parallels the RICS embracing the 10 principles of the...

Investment theory dictates that capitalisation rates for freehold property should be determined by the risk free nominal rate of return plus the risk premium less the expected growth rate. The capitalisation rate will therefore vary depending on the growth potential and risk attached to...

ERES:conference

The volatility of commercial property markets in the United Kingdomhas stimulated the development of explanatory models of 'price' determination. These models have tended to focus on the demand-side as the driver of change. A corollary of this is that, despite the fact that construction lags are...

ERES:conference