We present some new evidence on the tail distribution of commercial property losses based on a recently constructed dataset on large commercial risks. The dataset is based on contributions from Lloyd’s of London syndicates, and provides information on over three thousand claims occurred during...

Die vorliegende Arbeit mit dem Titel Anreizsysteme zum Flächenrecycling für mindergenutzte bzw. brachgefallene Flächen mit gewerblicher Vornutzung basiert auf einer empirischen Datenerhebung in 10 Kommunen in Baden-Württemberg mit anschließender Befragung der an einer Brachenrevitalisierung...

The empirical literature assessing the connection between land rights, access to finance and investment activity has focused largely on actors that, for multiple reasons, might face difficulties accessing credit. Communities of small-scale farmers or poor urban households in developing...

The market for commercial properties is characterised by extreme heterogeneity in demand. In this paper, we aim to gain more insight in the heterogeneity in demand for employment agglomeration and size of the rental property using a two-stage hedonic approach following Bajari and Benkard (2005)....

This report describes a fiscal impact study done for the City of San Jose, California, in 2003-2004, a time when the city was reeling from fiscal and economic pressures caused by the dot-com bust. With residential land prices rising due to low interest rates and industrial land declining in...

Property values are affected by the properties’ physical, accessibility and environmental features. Railway stations function as nodes in transport networks and places in an urban environment. They have accessibility and environmental impacts, which contribute to property value. The literature...