Forecasting property market cycles: an application of the RICS model to the Sydney CBD office market
Series: Journal of Financial Management of Property and Construction ; 8(3) December 2003, 179-191(13)Publication details: 2003Subject(s): Summary: The "RICS Foundation City of London office supply and demand forecasting model" is designed to be capable of application to office markets other than the City of London, upon which it was based. Having outlined the structure of the RICS Foundation model and considered similarities and differences in market structure that may influence its effective operation, it is then applied to the Sydney CBD office market. The differences between office markets and the availability of data are found to limit the effective operation of the RICS Foundation model for Sydney, with suggestions made for improvements and conclusions drawn on the structure and role of such a model global context. [Taken from journal abstract].| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Journal article | London Journal article | ABS67497 (Browse shelf(Opens below)) | 1 | Available | 125090-1001 |
The "RICS Foundation City of London office supply and demand forecasting model" is designed to be capable of application to office markets other than the City of London, upon which it was based. Having outlined the structure of the RICS Foundation model and considered similarities and differences in market structure that may influence its effective operation, it is then applied to the Sydney CBD office market. The differences between office markets and the availability of data are found to limit the effective operation of the RICS Foundation model for Sydney, with suggestions made for improvements and conclusions drawn on the structure and role of such a model global context. [Taken from journal abstract].