Over the past two decades, the sustainability of buildings has grown in importance as part of a strategy of carbon reduction. However, the impetus for change has created a significant gap between the environmental performance of existing and newly built stock. New stock meets stringent building...

Increased levels of personal technology have made some types of work much more mobile than ever before. This creates a potential dichotomy between mobile, flexible personal workspace and static, inflexible, inelastic workplaces. As occupiers of property struggle to balance demand with the...

Modern commercial office market in Shanghai emerged with Chinaís economic reform and open door policy in the 1980s and grew fast at the beginning of 1990s, with increasing demand for office space from foreign and domestic occupiers. Though total real estate investment is skewed towards...

With the adoption of an open door policy and economic reform, China began to integrate into the global economy. Marketisation and rapid economic growth in the 1980s at first created a market of user demand for land and buildings from overseas investments and local businesses, subsequently, the...

The objective of the research is to investigate the relationship between financial reporting disclosure and the financial performance of European publicly traded real estate companies. Information risks and agency costs are key issues for investors. Agency costs arise when managers have...

This paper represents the first systematic attempt to develop an econometric model of retail rent determination in Chinese cities. It investigates rent determination in three major Chinese retail centres – Beijing, Shanghai and Guangzhou – over the period 1999 to 2012. The study...

Chinaís privatization programme was initiated in April 1984 through the State Economic Reform Commission for a gradual transfer of operational control and financial claims over state assets. Yet, after more than twenty yearsí reform process of privatisation, the state continues to be the...

The Shanghai office market has developed rapidly over the past two decades. As a consequence of this development two, apparently distinct, office markets, i.e. central Puxi district and Lujiazhui district in Pudong, have developed in central Shanghai. This raises the issue as to whether the...

As numerous transport infrastructure projects have been implemented, recent years have witnessed a significant increase in transport network in urban and regional areas. A number of studies have been undertaken to examine whether transport improvement impacts commercial property values and have...

Corporate earnings management may generate serious market impacts by misleading investors and causing the misallocation of resources. Our paper represents one of the first comprehensive analyses of earnings management for Chinese listed property companies. Using data from 2001-2008, we examine...