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New business opportunities and challenges are changing the structure of office, industrial and retail organisations and altering the pattern and demand for space. These agents of change on organisations’ decisions for new space formed the basis for a questionnaire survey of 167 new space...
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An important function of asset management is forecasting risks and returns. However, investment decisions are made on the basis of relative performance within an expected set of financial and economic conditions. The aim of this paper is to examine if a model could be developed to explain the...
Persistent link: https://www.econbiz.de/10010799451
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...
Persistent link: https://www.econbiz.de/10010834113
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...
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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...
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