The existing literature has shown that increases in housing wealth, driven by unexpected house price shocks, have a positive effect on birth rates of homeowners. According the canonical model, a decrease in housing wealth has a symmetric negative impact on fertility behavior of households. That...

The paper evaluates the situation of logistics service providers and real estate investors in Germany. Especially the effects of the New Basel Accord on service providers are analysed and the financing alternatives for the different kinds of companies in this segment are described. It takes into...

Framework agreement is an agreement between one or more contracting authorities and one or more economic operators, the purpose of which is to establish the terms governing contracts to be awarded during a given period, in particular with regard to price and, where appropriate, the quantity...

The property market in China has had a five-year boom and a five-fold expansion in transaction from 1994 to 2003. In 2003 the government acted to prevent it from overheating. This paper reviews the developments of and analyses the key factors affecting the property market. It examines government...

Over the last couple of years, there has been a growing interest in the financial performance of green buildings. Past research results indicate that green buildings are able to realise higher rents and sustain higher occupancy rates compared to other (non-green) buildings. It is argued that...

ERES:conference

ERES:conference

Housing market combines the properties of consumption and investment good. The present paper is devoted to the empirical analysis of an interaction between housing and financial markets, and all results will be for Barcelona city as an area of research. We study the relationship between housing...

This paper provides cross-country evidence of the linkage between real estate market transparency and the dynamics between direct and indirect real estate, which is seldom examined in the previous literature. First, by adopting a variance decomposition procedure, the proportion of indirect real...

After a historical peak in 2001 the Dutch non-residential real estate market is characterized by growing vacancy, discontinuity of building construction and uncertainty about development opportunities. The recession in 2008/2009 -and again in 2011/2012- strengthens the loss of demand, which...