This study examines volatility patterns in Australian housing prices. This is undertaken by decomposing the conditional volatility of housing prices into a ípermanentî component and a ítransitoryî component via a Component-Generalised Autoregressive Conditional Heteoskedasticity (CGARCH)...

The housing standard is very high in Sweden and there is a strong legislative framework protecting tenants. It therefore came as a surprise when a number of rundown and badly maintained estates were given attention in the media. In this article we try to explain how this could happen in the...

This paper examines whether or not there is persistence in the performance of UK property funds. Such analysis of persistent performance is undertaken on returns relative to a benchmark and also on a risk-adjusted basis (i.e. íalphaî). The aim is to establish whether or not property is...

This case study illustrates the ëinspirational learningí project at Sheffield Hallam University (SHU), as applied to the Development Practice module on the final year of the BSc (Hons) Real Estate Development. In particular, it examines and assesses the application of information and...

Since the beginning of the financial crises in 2008 the ongoing liquidity problems of German Open Ended Funds (GOEFs) peaked as more and more institutional investors withdrew their capital. This capital movement forced a variety of funds to stop redemptions and currently about one third of the...

After a strong period of íAsset-Managementî (sale and resale of residential units) housing companies focus on íProperty Managementî. Based on a survey of TU Darmstadt (supported by Aareon) with 304 housing companies in Germany (housing cooperatives or communal, investors and administrators...

Hedonic office rent prediction models which are the most common method based on multiple regression are well established in the literature. A wide range of variables, categorised as econometric, architectural, spatial and tenure rights, are used in these models for various cities. In the light...

A control activity, able to prevent Corporate Properties from Impairment Risks, has becoming a strategic task also for the Italian Companies. More and more various are, in fact, the services delivered by the Facility Management, either íwithinî or íin outsourcingî, as well as many are the...

Sustainable commercial property has taken on increased significance in recent years, with ígreen buildingsî becoming increasingly important to both tenants and owners. The purpose of this paper is to assess the implementation of sustainable commercial property practices by European property...

Sale and leaseback transactions have a ípuzzlingî image. The effect normally is that corporate real estate is transferred to real estate investments and in most cases will stay there. The main reasons are of financial and/or strategic origin. Especially now as an effect of the credit crisis,...