Anecdotal evidence suggests that clout and connections matter more in private equity fundraising than do actual performance. In this article, a unique real estate private equity dataset with buy-side and sell-side information is created by the authors to construct and analyze stacked interaction...

Despite its evident importance for a profitable investment in real estate, there are no clear-cut definitions of management tasks in real estate to date. This article reviews the existing definitions and attempts to develop a unified framework that integrates the disparate definitions in an...

It has been frequently observed that office markets are subject to particularly high fluctuations in rents and vacancy levels, thus exposing real estate investors to considerable risk regarding expected future income streams. This paper analyzes the determinants of office rents and their...

The main objective of this paper is to elucidate the capability of time-series regression models to capture and forecast movements in occupancy patterns, rental rates and construction activity.The model presented is a Wheaton-type three-stage simultaneous equation model. The first stage...

At a time when cities are competing with one another to attract or retain jobs within a globalizing economy, city governments are providing an array of financial incentives to stimulate job growth and retain existing jobs, particularly in high cost locations. This paper provides the first...

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...

In order to explore the predictability of the Manhattan office market with an econometric model, a three-stage system of simultaneous equations is utilized in this paper. The first stage incorporates the office space market in terms of occupied space and absorption of new space. The second stage...

This article investigates how emerging real estate markets price information conveyed by voluntary environmental certification schemes. In addition to low incidence of green buildings, developing countries typically exhibit weaker environmental performance due to limited capacity to enforce...

This paper examines the association between urban form and obesity rates at the neighbourhood level. Using data from London, UK in a regression and mediation analysis framework, we find that high population density, more diverse land use, better public transport access and higher street...

In this study, we examine the drivers of household energy consumption, specifically investigating the relative importance of household socio-economic characteristics versus dwelling characteristics in explaining per capita gas consumption for space heating. The study draws upon a large random...