This paper investigates the effect of eco-labeling on rental rates, sale prices and occupancy rates. The consensus emerging from previous studies appears to be that investors in and occupiers of eco-labeled buildings obtain a bundle of benefits related to lower operating costs, reputation...

This study investigates whether commercial offices designed by ‘signature architects’ in the United States achieve rental premiums compared with commercial offices designed by nonsignature architects. Focusing on buildings designed by winners of the Pritzker Prize and the Gold Medal awarded...

If in equity markets style analysis has been studied extensively, in real estate ones it is only now emerging as a valuable tool for measuring and benchmarking performance and risk. So far studies in the property market have identified three investment categories (rather than styles): sectors...

The focus of this study is on the effect of EPC rating on the capital values, rental values and equivalent yields of a sample of UK commercial property assets. As part of a wider objective to reduce greenhouse gas emissions, one of the policy aims of energy labelling of buildings is to provide...

Socially Responsible Investments (SRI) or, referring to real estate, Responsible Property Investment (RPI) are used by competing firms to create a differentiating attribute by integrating sustainability principles into their business strategy. Recent research on sustainability concentrates...

Despite the increased awareness and understanding of the benefits of sustainable design, the distribution of green buildings has not been uniform across major US cities, nor has the pace of adoption of green building practices been most rapid in cities with largest commercial business districts....

This paper investigates whether obtaining sustainable building certification entails a rental premium for commercial office buildings and tracks its development over time. To this aim, both a difference-in-differences and a fixed-effects model approach are applied to a large panel dataset of...

Although almost eight years have passed since the terrorist attacks of September 11, 2001, researchers continue to investigate the consequences of this far-reaching event in a variety of scientific disciplines and subject areas. In economic research, a number of more recent publications have...

This paper investigates innovative approaches to the integration of land-use and transport planning in urban regions. Engineering, economic and social-science based theories and empirical studies are analyzed regarding their ability to explain the interaction between land use and transport -...

Any attempt to measure the impact of the 9/11 attacks is faced with the difficulty of separating the effects of the attacks from the impact of a wider economic recession and other simultaneous events. This study attempts to isolate the effect on New York office rental and vacancy rates by...