Pages
- 1
- 2
- document
-
Ratcliffe, Chris (author), Dimovski, Bill (author), Keneley, Monica (author)Mergers and acquisitions are a feature of modern economies. However, research on conventional bidding firms in mergers and acquisitions (M&As) has shown, on average, shareholders are worse off in the long-run (Alexandridis, Mavrovitis and Travlos, 2012). This study examines the long-term post merger performance of US Equity Real Estate...conference paper 2017
- document
-
Cajias, Marcelo (author)Hedonic modelling is essential for institutional investors, researchers and urban policymakers in order to identify the factors affecting the value and future development of rents over time and space. While statistical models in this field have advanced substantially over the last decades, new statistical approaches have emerged expanding the...conference paper 2017
- document
-
Füss, Roland (author), Lerbs, Oliver (author)This paper investigates whether and how strongly the share of households owning their homes in a community affects residential property taxation by local governments. Homeowners bear full property tax burdens irrespective of local market conditions, and the tax is more salient to them. “Home owner communities” may hence oppose high property...conference paper 2017
- document
-
Dröes, Martijn (author), Ziermans, Boris O. (author), Koppels, Philip W. (author)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,...conference paper 2017
- document
-
Cajias, Marcelo (author)Market liquidity conditions and rental growth are said to match along “hot” and “cold” market cycles over time. Substantial deviations from these phases explain either overrented or underrented expectations by landlords or an essential change in tenants’ housing demand. While the assessment of housing markets by central banks, governments,...conference paper 2017
- document
-
Weis, Christian (author), Woltering, René-Ojas (author), Sebastian, Steffen (author)This paper analyzes the return sensitivity of value and growth stocks to changes of five interest rate proxies. The analysis is based on monthly data over the 2000 to 2014 period for a global sample of 487 listed real estate companies in 24 countries. This rich setting offers substantial heterogeneity in interest rates across time and countries....conference paper 2017
- document
-
Muldoon-Smith, Kevin (author), Greenhalgh, Paul (author)Commercial real estate vacancy is a key indicator of property market efficiency, economic performance and urban resilience. However, there has been little conceptual reflection into the abstract notion of vacancy beyond binary distinctions of natural and structural vacancy. Although useful simplifying meta-concepts, neither accounts for the...conference paper 2017
- document
-
Fesselmeyer, Eric (author), Ying Seah, Kiat (author), Cheo, Roland (author)Are all social capital investments equal in the eyes of homeowners and renters? Presumably, social capital investments that lead to increases in home values provide stronger incentives for homeowners than renters. In contrast, for so- cial capital investments that do not directly impact home values, one would not expect homeowners and renters to...conference paper 2017
- document
-
Le Blanc, Julia (author), Schmidt, Tobias (author)In this paper we analyse the impact of property ownership on the saving behaviour of households. We are particularly interested in investigating whether homeowners save more than renters or not. A related question is whether mortgage payments and other regular savings are substitutes or complements for German households. To answer these...conference paper 2017
- document
-
Hill, Robert J. (author), Melser, Daniel (author)While residential real estate is a key component of household wealth little is known about the investment characteristics of different types of properties. This paper outlines and applies a methodology for examining the variation in risk and return of individual homes. We use large data sets of home prices and rents for Sydney, Australia, from...conference paper 2017
- document
-
Larm Teye, Alfred (author), Ahelegbey, Daniel Felix (author)Following the 2007-08 Global Financial Crisis, there have been a growing research interest on the spatial interrelationships between house prices in many countries. This paper examines the spatio-temporal relationship between house prices in the twelve provinces of the Netherlands using a recently proposed econometric modelling technique called...conference paper 2017
- document
- Rubaszek, Michal (author), Rubio, Margarita (author) conference paper 2017
- document
-
Downs, D.H. (author), Sebastian, Steffen (author), Woltering, René-Ojas (author)This paper examines the impact of the ratio of price-to-fundamental value on the stock market performance of real estate securities following seasoned equity offerings and senior debt issuances. Using a global sample of real estate securities, we distinguish between growth stocks, i.e. those with the highest stock prices relative to the private...conference paper 2017
- document
-
Kwon, Minyoung (author), Remøy, H. (author), van den Dobbelsteen, Andy (author), Knaack, Ulrich (author)This paper highlights the importance of considering user satisfaction in office renovation. Userfocused design approach in nearly zero energy office (nZEO) renovation is a way to increase user satisfaction and the value of office quality while meeting energy efficiency goal. The purpose of this paper is to investigate considerable measurement...conference paper 2017
- document
-
Fan, Yi (author)In this paper I examine the long-term consequences of adversity on consumption and financial behaviour, using the largest forced migration experiment in history. From 1966 to 1978, 17 million urban youths in China, mostly junior or senior high school graduates, were sent to the countryside to do farm work for an average of three to four years...conference paper 2017
- document
-
Wong, Woon Weng (author)Real Estate Investment Trusts (REITs) represent a viable alternative to direct property investments. They offer enhanced liquidity and risk diversification. In addition, the securitisation process provides a level of governance not typically offered in direct property markets. However, as an openly traded security, it experiences risk exposures...conference paper 2017
- document
-
Sicotte, Hélène (author), De Serres, Andrée (author), Ménard, Virginie (author), Delerue, Hélène (author)Like activity-based workspaces, innovative spaces are deemed to be efficient and flexible, but they are most often called upon to support collaborative and creative team work instead of individual whom sometime will work in a team. Our research objective is to further explore the links between the project team and its space to identify...conference paper 2017
- document
-
Giannotti, Claudio (author), Mattarocci, Gianluca (author), Scimone, Xenia (author)Loss given default (LGD) for residential real estate loans is affected by real estate market trends due to the impact on the value of debtors’ main collateral. Banks specialized in real estate lending are expected to be better at selecting lending opportunities, properly evaluating real estate collaterals, and managing the recovery process. The...conference paper 2017
- document
-
Fritzsche, Carolin (author), Vandrei, Lars (author)This paper uses recent data for single-family home purchases to study the effects of the German real estate transfer tax. We aim to separate the tax’s short-term anticipatory effects from its long-term effects on real estate transactions. The data indicate that an increase in the transfer tax is negatively correlated with the number of...conference paper 2017
- document
-
Thomsen, André (author)Obsolescence, defined as the process of declining performance of buildings, is a serious threat for the value, the usefulness and the life span of built properties. Thomsen and van der Flier (2011) developed a model in which obsolescence is categorised on the basis of two distinctions, i.e. between endogenous and exogenous cause-effect...conference paper 2017
Pages
- 1
- 2