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Purpose – The purpose of this paper is to investigate the relationships between supply and demand in 19 European office markets in the period 1991‐2006. It estimates the variations in the price elasticity of supply across the different markets. The paper tests whether developers display evidence...
Purpose – The purpose of this paper is to address the variation of efficiency of local office markets. It has long been argued that as data in the property market are based on valuations, it has a tendency toward smoothing or stickiness. The accuracy of valuations is shown to be partially...
Purpose – A quite significant body of research regarding the effects of segment structures in direct property returns is available for the USA and the UK markets. There is also some research regarding the broad European context and for some individual countries, like Italy. However, this subject...
Purpose – The purpose of this paper is to demonstrate the use of assessment to manage some of the challenges diversity brings into the teaching and learning in international real estate degree programs. Design/methodology/approach – The paper is a multi‐year case study of a course in real estate...
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