The quality of a building's architectural design can be transmitted to its price through a number of channels. There are complex interactions between the different dimensions of brand (of the architect and the building), design (aesthetic and functional) and value (exchange/owner, user/operator...

In 2005, a research team from the University of Reading and Investment Property Databank funded by the IPF/IPF Education Trust produced a set of depreciation rates for the UK property investment market including rental depreciation rates and the extent of capital expenditure necessary to keep...

An increased investor appetite for global investment has generated a structural market shift observable since the mid 1990s. International or cross-border property investment has boomed, and indirect property investment (investing through securities and funds) has become commonplace. Through a...

This paper examines the concept and investigates the evidence of convergence in European real estate investment markets. The fact that the term ëconvergenceí has been described as suffering from ímeaning-overloadî has meant that outside the real estate literature its characteristics and...

Whilst the preliminary nature of and subsequent revisions to estimates of real output provide a source of data uncertainty to macro-economic forecasters, many macro-economic data (e.g. exchange rates, interest rates and commodity prices) are easily available and not subject to measurement error....

There is a longstanding body of literature that discusses the potential for clients to influence the outcome of the property appraisal process. In the market downturn of 2007-9, it is clear from a number of practitioner conferences and articles that some market participants such as investment...

ERES:conference

In the UK, the financial viability of real estate development has become increasingly central to planning policy formation and implementation. As the range of users that relies on viability appraisals has widened considerably, viability modelling has become increasingly contested and the...

ERES:conference

ERES:conference