Modelling urban commercial property yields exogenous and endogenous influences

Dunse, Neil

Modelling urban commercial property yields exogenous and endogenous influences - 2008 - Journal of Property Research 24(4) 2008, 313-314(22) .

Argues that increased weight of money into commercial property since 2000 has led to a convergence of UK provincial city office yields. Reviews the concept of property yield cycle and the idea of a city risk premium. Considers factors impacting on urban office yields. Examines the trends in office yields in the main UK provincial office centres over a twenty year span. Finds that there are some local or fixed effects on yields in the short term but not in the long term.


United Kingdom--