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The decision making behaviour of institutional investors usually target prime commercial real estate. The rationale for this investment strategy is to maximise the risk adjusted returns and the diversification potential as well as quality buildings, tenant covenant strength and the subsequent...
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This study constructs optimal real estate portfolios using returns from Great Britain (England, Scotland, and Wales) and Ireland (Northern Ireland and the Republic of Ireland). Data from IPD for ten major regional centres are used for office and retail property from 1984 through 2002 (excluding...
Persistent link: https://www.econbiz.de/10010834745
The increasing interest in the potential use of fiscal incentives as a mechanism for stimulating urban renewal has been highlighted by a number of influential sources such as the UK governmentís 1999 Urban Task Force Report. However there is a lack of empirical research in the property...
Persistent link: https://www.econbiz.de/10011154148
While academic mainstream urban design theory is caught in a paradigmatic debate concerning normative and positive theories, practice research in the field has focused on the added value of quality design. The purpose is to promote, within the wide range of stakeholders, the concept that quality...
Persistent link: https://www.econbiz.de/10011162453
This paper builds on the developing literature delineating and specifying uncertainty and risk as it can be associated with measures of entrepreneurial profit in development valuation procedure. These conceptual and empirical associations enable the formulation of strategic differencing in...
Persistent link: https://www.econbiz.de/10010799767
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