This original study examines the potential of a spatiotemporal autoregressive (STAR) approach in modelling transaction prices for the housing market in Paris and its inner suburbs. We use a data set from the Paris Region notary office (íChambre des notaires díÅ’le-de-Franceî) which...

A growing body of hedonic literature applied to the residential housing market has been developed during the last 30 years, mainly in North-America and UK. Office market has undergone several investigations in a more recent period. These studies typically have approached value indirectly through...

The purpose of this article is to study the evolution from 2000 to 2005 of housing affordability in the Paris Region for first-time buyers. Moreover, we focus on the inequalities in the affordability distribution for these households. To achieve this goal, we need to estimate a hedonic price...

This paper applies the hedonic method to analysis of the office transaction prices for Paris intra muros and its inner suburbs. We concentrate on the market?s two main business districts (the CBD and La Défense). The aim of the paper is to analyze the impact of the property markets?spatial and...

The office sector currently faces an important issue when it comes to sustainable development. Indeed, the environmental legal framework has evolved and there is a widening gap between the new ñ and thus green ñ buildings and the existing ones. Since new buildings represent only 1% to 2% of...

Since Rappaportís publication (1) many studies have been published and much empirical research has been done to provide a deeper understanding on how companies can create superior long term value for their shareholders (2). In order to align internal goals with the maximization of shareholder...

This article investigates the impact of energy efficiency on the economic value of existing buildings in a real estate investorís portfolio. The improvement of sustainability in real estate is largely supported by a reinforced regulation and the emergence of rating systems which certifies...

This project focuses on the location decision of office establishments for finance, insurance and real estate (FIRE) industries and some other service industries (legal, accounting and consulting activities) within the Å’le-de-France region for the 2006 year. More precisely, the research...

This research project focuses on the question of head office locations for large service firms in the Paris region, with particular emphasis on FIRE (finance, insurance, real estate) industries and other service industries such as legal, accounting and consulting firms. The aim of the research...