This article aims at identifying emergent secondary centers and measuring their impact on residential and commercial real estate values, through the estimate of hedonic gradients. Urban sprawl combined with the formation of suburban employment centers have produced more complex spatial patterns...

There are numerous studies on discussing the relationship between land price and property price, but none of them analysing the cross relationships between commercial and residential sectors. This paper conducts an inquiry into the own and cross causality relationships between property prices...

The real estate market is influenced by different economic and social factors. Our research considered theory of mononuclear and polynuclear city types in terms of residential market connections with economic overview and data interpretation.Based on analysed data changing in real estate...

This paper aims to study the impact of IFRS on the measurement of investment properties. Since January 1st 2005, consolidated financial statements of European listed companies have to be published under IFRS standards (European Regulation CE 1606.02 of July 19th 2002). In this new accounting...

Purpose – Identifying opportunities for adaptive reuse of (potentially) vacant offices and care facilities in an increasing market driven context.Design/methodology/approach – This paper is based on research through (re-)design of adaptive reuse of vacant offices and conversion...

The paper analyzes to what extent the evolution of the real estate market in the EU countries is influenced by the purchasing power of the citizens of those countries. This analysis is based on the developments of GDP per capita, purchasing power parities, House Price Index and production in...

Heat waves can be deadly and are the leading urban environmental risk [Anderson and Bell, 2009;Guha-Sapir et al., 2010]. The most serious health conditions related to extended high temperatures are heat stroke and heat exhaustion. But these ailments tell only part of the story as most of those...

This chapter employs an asset pricing approach to quantify the exposure of private property funds to publically traded and private real estate risk factors. These factors include the traditional size and growth factors, liquidity risk and macroeconomic drivers. Liquidity risk has been...

This paper represents the first systematic attempt to develop an econometric model of retail rent determination in Chinese cities. It investigates rent determination in three major Chinese retail centres – Beijing, Shanghai and Guangzhou – over the period 1999 to 2012. The study...

Real estate projects are capital intensive from the acquisition of the site up to the stage the property is disposed or leased as a result few developers can afford to fund a project from their own cash. Raising capital thus becomes essential in the development process.The general objective of...