A three-equation simultaneous system is used to model the industrial property market in Great Britain. Strong relationships are found between new industrial building supply and both real rents and construction costs, and between rents, industrial floorspace availability and the gross domestic...

The Narragansett Bay in Rhode Island is a complex mosaic of human activities and environmental features and while spatial distributions of physical, chemical, and biological elements are well documented in the Bay, there are limited data on spatial distributions of human activities. In this...

This paper examines the significance of widely used leading indicators of the UK economy for predicting the cyclical pattern of commercial real estate performance. The analysis uses monthly capital value data for UK industrials, offices and retail from the Investment Property Databank (IPD)....

This paper employs a probit and a Markov switching model using information from the Conference Board Leading Indicator and other predictor variables to forecast the signs of future rental growth in four key U.S. commercial rent series. We find that both approaches have considerable power to...

The idea of the European Union is to achieve greater harmonisation across member states through a common monetary policy, more trade in goods and services, freer capital markets and more labour market integration. These ingredients are expected to make the countries more similar with respect to...

ERES:conference

Forecasting returns for particular sectors and markets is perforce an exercise in generalities. Forecasting models use historical relationships between returns and their drivers to estimate likely future returns for an office market, for example. The risk to that forecast is defined in terms of...

ERES:conference