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A panel approach to modelling UK commercial property regional rents

By: Contributor(s): Language: English Publication details: London RICS 1999Subject(s): Summary: This paper presents the results of a panel study of rents in the UK commercial property market. It is part of a comprehensive study of this market. Rents are analysed for 11 regions and three property types (retail, office and industrial). The basic model incorporates a rental adjustment model within an error correction framework. The data set includes 29 years for the regions. Long run equilibrium relationships are estimated and, where appropriate, separate models are developed for different types of region.Summary: This paper is no longer available.
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Book Virtual Online ONLINE PUBLICATION (Browse shelf(Opens below)) 1 Available 131840-1001

This paper presents the results of a panel study of rents in the UK commercial property market. It is part of a comprehensive study of this market. Rents are analysed for 11 regions and three property types (retail, office and industrial). The basic model incorporates a rental adjustment model within an error correction framework. The data set includes 29 years for the regions. Long run equilibrium relationships are estimated and, where appropriate, separate models are developed for different types of region.

This paper is no longer available.