‘Sustainable’ or ‘green’ commercial buildings are frequently seen as a growth sector in the property investment market. This research examines the emergence of sustainable commercial buildings in both the UK and overseas. The empirical part of the paper is based on a telephone survey of...

Determining the impact of detrimental conditions and environmental features such as electricity distribution equipment remains one of the more difficult aspects of property valuation. Since the 1950ís, research aimed at establishing the impact of HVOTLs on the value of residential property has...

Since the Kyoto Protocol, established in 1997, the UK government has been committed to reducing greenhouse gases, in particular carbon dioxide (CO2) known to be a major contributor to climate change (global warming). To facilitate this, the DTI published the Energy White Paper in February 2003...

Previous research has identified varying degrees of stigma attached to high voltage overhead transmission lines (HVOTLs) depending upon characteristics such as visibility, size, location and the potential impact on house value. In addition to HVOTLs there are other common types of...

The effect of electricity distribution equipment, in particular high voltage overhead transmission lines (HVOTLs), on the value of residential property in England remains relatively unexplored due, in part, to the lack of available transaction data for analysis. In addition, property tax bands...

Wind energy is one part of a larger solution to solving the world wide energy crisis. However, as with all new developments, there are costs as well as benefits. In the case of wind farm development it seems that there is little real evidence to substantiate some of the claims for or against it....

Until recently, residential property transaction data was largely unavailable within the UK. Therefore, determining the impact of a detrimental condition, such as high voltage overhead power lines (HVOTLs), on the value of residential homes relied on the opinions of appraisers. However, when...

The realisation that the methods employed and decisions made by property investors can have negative social and environmental consequences has led some to call for the principles of ëSocially Responsible Investmentí (SRI) developed in equities investment, to be applied to property. However,...

Studies on UK and US property investment markets have historically been portrayed the decision-making process as an exercise in rational analysis. This notion is fundamentally flawed because the concepts of a perfect market and of perfect information used in modelling decision making in the...

This study aims to explore the influence of external actors on investment decision-making and the potential to subsequently prejudice investment outcomes in the UK office market. Research to date on decision-making processes in real estate has focused on the field of valuation. Work by Diaz (1990a;...