In the paper, we investigate the role of smart building or green building innovations on the Polish real estate market using the Analytic Hierarchy Process (AHP) method on the group of experts (consultants, managers, brokers) that are active on the office market in Krakow (study area). The...

Compared to huge empirical evidence gathered in US and UK, concerning green buildings performance, little has been done to understand the process of adaptation of green perspective towards property investments in less developed countries. On the other hand, as attitudes towards sustainable...

The Green Building movement has gained considerable strength in Central and Eastern Europe (CEE) in recent years. Green Building Councils have been created in almost all countries and various certification schemes have been introduced. Many developers who are active in the region have joined the...

Purpose – The purpose of this paper is to assess the demand and to estimate the willingness to pay for sustainable (certified) office space in Poland. Design/methodology/approach – Due to limited data on sustainable property performance in Poland, the research is based on stated-preference...

The development of knowledge-intensive business services in recent decades can be interpreted as one of the indicators of a transformation from an industrial economy into a knowledge-based one. Not only do quantitative measures, whether in the form of sales or employment figures (e.g. Chadwick,...

In the article we discuss importance of the real estate related instruments, used by local government to attract investment and stimulate local economic development. The article discusses economic literature related to public economics at local government level, with the special emphasis put on...

Research background: There are several methods to construct a price index for infrequently traded real estate assets (mainly residential, but also office and land). The main concern to construct a valid and unbiased price index is to address the problem of heterogeneity of real estate, or put...

Research background: Real estate and urban economics literature is abundant in studies discussing various types of property taxes and their characteristics. Growing area of research focused on tax equity, tax competition, and tax mimicking. Recently, due to substantial developments in spatial...