Shimizu, Chihiro; Karato, Koji; Asami, Yasushi - In: Journal of Property Investment & Finance 28 (2010) 4, pp. 285-300
redevelopment/conversion of offices into housing and estimate the redevelopment/conversion probability under the conditions. Design … the significance of redevelopment/conversion conditions. Findings – It was found that, if random effects are used to … control for individual characteristics of buildings, the redevelopment probability rises significantly when profit from land …