Modelling urban commercial property yields exogenous and endogenous influences
Language: English Series: Journal of Property Research ; 24(4) 2008, 313-314(22)Publication details: 2008Subject(s): Summary: 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.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Journal article | London Journal article | L143056 (Browse shelf(Opens below)) | 1 | Available | 143056-1001 |
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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.