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,...

Out of Office: A Study on the Cause of Office Vacancy and Transformation as a Means to Cope and Prevent

Office building vacancy is becoming an increasingly visible part of the cityscape. Billboards shout “for rent” and office locations look abandoned even in the middle of the day. Still, new office buildings and locations are being developed, adding up to the built environment. As hardly any office buildings are demolished, adapted or transformed,...