Information Asymmetry, Lease Incentives, and the Role of Advisors in the Market for Commercial Real Estate

Using a unique transactions dataset, this paper examines the determinants of lease incentives in the Amsterdam office market. The study focusses on the type of landlord involved (institutional/privately owned) and whether the tenant or landlord used an advisor to help them with the transaction. The results show that an institutional landlord,...

Information Asymmetry, Lease Incentives, and the Role of Advisors in the Market for Commercial Real Estate

Using a unique transactions dataset, this paper examines the determinants of lease incentives in the Amsterdam office market. The study focusses on the type of landlord involved (institutional/privately owned) and whether the tenant or landlord used an advisor to help them with the transaction. The results show that an institutional landlord,...