One of the most vexing issues for analysts and managers of property companies across Europe has been the existence and persistence of deviations of Net Asset Values of property companies from their market capitalisation. The issue has clear links to similar discounts and premiums in closed-end...

As the building and real estate sector is responsible for about 40% of the economyís end energy consumption, its potential to contribute to a sustainable development is accordingly high. In terms of mitigation of climate change, the response of the property sector is expressed by the diffusion...

This paper examines the general characteristics of real estate programs offered at German universities. The analysis is based on an extensive questionnaire, which was sent out to all German universities offering a degree course with a real estate major or a dedicated real estate course. The...

In the Netherlands, and indeed elsewhere in Europe, homeownership (rates) and housing consumption has increased over time. On basis of repetitive cross-section analysis one can conclude that homeownership rates are lower for younger and older people, while people aged in-between are...

The situation on several German real estate markets today is characterised by high vacancy rates, more intensive competition and increasingly exchangeable offers. Especially on office space markets the situation is still tense and market participants anticipate the high vacancy rates to remain a...

Research into market liquidity has increasingly focused on transaction (trade-by-trade) data. This has been valuable but has also increased the costs of studying the behavior of liquidity over longer periods of time. It has, however, also been shown that daily data can be examined in such as way...

ERES:conference

Within comparative housing studies growing attention is given to the characteristics, advantages and disadvantages of various welfare regimes and housing systems (e.g. Kemeny, 1995; Harloe, 1995; Boelhouwer and Van der Heijden, 1992; Kleinman, 1996). In this paper we will attempt to test various theoretical...

Home ownership rates in Germany have increased substantially in recent years. However, the rate still remains on a very low level and shows significant differences across regions. The reasons for these differences and the last developments are not clear. Generally, the decision between renting...

Introductory economics tells us there are three factors of production: land, labour and capital. Unless a student of agricultural economics, land as a factor of production will never be mentioned again. Yet space for some industries is a significant input and that would seem to be true of...