Restrictions on new constructions and modernisations occur in almost all countries and numerous regulations apply in Germany. This article outlines regulations regarding the protection of historical buildings, restoration law and preservation statutes and describes compensatory subsidies...

This paper assesses whether commercial real estate participants are willing to pay a premium for an energy efficient building that has not received a green label. I utilize a unique dataset of detailed building-level observations and a spatial semiparametric matching framework that exploits...

The aim of this paper is to identify and evaluate the activities of foreign entities in the Polish real estate market. The first part discusses the procedure and the legal requirements placed on foreigners, In turn, the second part presented the scale and structure of civil law real estate...

The main objective of this paper was to evaluate the activity of local authorities, particularly cooperation activities with other entities (including APA) to develop and implement a common strategy of obtaining investment areas - including actions taken to promote investment areas. Uses the...

The aim of this paper is to identify and evaluate the activities of foreign entities in the Polish real estate market. The first part discusses the procedure and the legal requirements placed on foreigners, In turn, the second part presented the scale and structure of civil law real estate...

While green-labeled buildings have been found to sell at a premium compared to nearby controls with similar observable characteristics, the voluntary nature of the labeling decision implies green-labeled buildings may have different unmeasured characteristics that may account for at least a...

I estimate the energy efficiency premium in unlabeled office buildings by exploiting variation in mandatory building energy standard implementations, as a result of the U.S. 1992 Energy Policy Act. A more stringent energy code leads to rent and price premiums of approximately 4% and 9%,...

As the first to use an archival data set on historical land values of Berlin, Germany, from 1890 to 1936, we exploit exogenous variation in transport technology in order to test the validity of the monocentric city model. Endogenously determining the CBD, we conduct cross-section and...

It is systemic to expound how that the speculative behaviors are driven by the number of a series housing policies promulgated by China's government for the real estate market. The market is resulted in full of speculative behaviors, and has been booming since the beginning of this decade, even...

This paper analyzes the effects of bank lending on German commercial property prices. The theory on therole of …financial intermediaries in business cycle activity states that lending activity is characterized byasymmetric information between borrowers and lenders. Unlike other...