Occupancy discount is a long-accepted doctrine in literature. Search theory supports such a proposition, but empirical evidence is mixed. This study revisits this dilemma and puts forward an alternative argument that a landlord may exploit sitting tenants who have made non-redeployable...

Das Ziel der vorliegenden Arbeit ist es, die Wechselwirkung zwischen der Qualität der Anbin-dung einer bürogenutzten Immobilie an den SPNV und der Höhe des erzielbaren Mietpreises für Büroflächen zu messen. Die Messung der SPNV-Anbindung erfolgt dabei durch GIS-basierte Gehzeitmessungen...

Simon Kempf has developed hedonic (quality-adjusted) office rent indices for German metropolitan areas. His study explores new territory as it constructs, for the first time, such indices for Germany. The author thereby has taken into account the different qualities of the underlying lease...