Journal of European Real Estate Research: Volume 15 Issue 2

Editorial: The aftermath of two consecutive crises: Volatility and property market mechanisms

Paloma Taltavull

Interdependence dynamics of corporate equity and public real estate markets

Kim Hiang Liow, Jeongseop Song

With growing interdependence between financial markets, the goal of this paper is to examine the dynamic interdependence between corporate equity and public real estate markets…

Real estate risk, yield modelling and market sentiment: the impact on pricing in European office markets

Tony McGough, Jim Berry

The financial and economic turmoil that resulted from the Global Financial Crisis (GFC), included a marked increase in the volatility in real estate markets. Property asset prices…

The idiosyncratic characteristics of Turkish REITs: evidence from financial ratios

Emre Çelik, Kerem Yavuz Arslanli

This paper aims to determine the specific financial ratio's effects on market value and return of assets for Turkish real estate investment trusts (REITs) traded at Istanbul Stock…

Location, location, location!*: a quality-adjusted rent index for the Oslo office market

André Kallåk Anundsen, Christian Bjørland, Marius Hagen

Commonly used rent indices are based on average developments or expert opinions. Such indices often suffer from compositional biases or low data coverage. The purpose of this…

Using system dynamics modelling to understand behaviour in UK commercial property markets

Edward Trevillion

The purpose of this paper is to outline the benefits of using system dynamics modelling as a research tool to understand the dynamics of commercial property markets in the UK and…

Calibration of impact of attributes in the real estate mass appraisal

Krzysztof Dmytrów, Wojciech Kuźmiński

Our research aims in designation of a hybrid approach in the calibration of an attribute impact vector in order to guarantee its completeness in case when other approaches cannot…

Product differentiation and populistic entry strategies in a mortgage market with Bertrand competition

Trond Arne Borgersen

The purpose of this paper is to analyse the interaction between a profit maximising mortgagor and a newcomer to a mortgage market with Bertrand competition where the newcomer has…

The “glocalisation” of Istanbul's retail property market

Fatih Eren, John Henneberry

The continuation of globalisation and liberalisation processes has prompted the restructuring of many national and local property markets. The research examines the evolution of…

Commercial real estate prices and COVID-19

Martin Hoesli, Richard Malle

The article analyzes the effects of the coronavirus disease 2019 (COVID-19) pandemic on commercial real estate prices, with a particular focus on European markets.