German open-ended retail funds have shown an internationally unique smooth performance over the last five decades. In recent times however, some funds have yielded very negative returns, which is in sharp contrast to the general market development. Especially funds that were forced to liquidate...

The German market for office real estate has gained strong attention of international investors over the last three years. In 2006 the commercial real estate investment volume reached an all-time peak of EUR 49.4 bill., an increase of 109% after EUR 20.6 bill. in 2005 and EUR 16.8 bill. in 2004....

ERES:conference

This paper aims to evaluate the perception of Malaysian facilities management (FM) stakeholders on the importance of innovation in the delivery of FM services. This research adopts an extensive literature review on innovation in the generic business environment and adapts the findings to the FM...

The location choice of office firms is assumed to be primarily driven by the opportunities for face-to-face contacts; a concept strongly linked with agglomeration economies. However, it is recognised that other factors, such as prestige and image might also explain why firms prefer certain...

Recent data availability has allowed real estate researchers to dig deeper into the property market dynamics. This is the case of Madrid where, by and large, lessons on office markets have been extracted from the studies of other markets as those of United Kingdom, Germany or US. This paper...

Since the second quarter of 1998, and with the exception of the 10% downturn experienced in the first half of 2009, apartment prices in Paris have been rising steadily. Their pace of growth even accelerated from early 2010 onward and, unless interest rates are raised to their historical trend...

Since 1997 about one million tenements in Germany have changed hands. Additionally approximately one million transactions will be carried out until 2010. The public interest in the processes of these substantial transactions as well as in the models they follow is extremely high at the moment as...

The estimation of assets is based on both traditional political economy and modern political economy as well. Estimate principles and techniques had been decided upon prior to 1940 but valuation, as a profession, has developed after 1940. Changes developed quickly in the economic and business...

Climate change, globalization and the increasing energy prices have become important subjects that determine the socio-economic condition. To cope with those changes we need to invest in a more sustainable economy. Priority should be given to the transport and real estate sector, as unlike some...