Eine Plattform für die Wissenschaft: Bauingenieurwesen, Architektur und Urbanistik
Eine Plattform für die Wissenschaft: Bauingenieurwesen, Architektur und Urbanistik
Concordance in Global Office Market Cycles
Stevenson S., Akimov A., Hutson E. and Krystalogianni A. Concordance in global office market cycles, Regional Studies. A large proportion of international real estate investment is concentrated in the office markets of the world's largest cities. However, many of these global cities are also key financial services centres, highlighting the possibility of reduced economic diversification from an investor's perspective. This paper assesses the degree of synchronization in cycles across twenty of the world's largest office markets, finding evidence of significant concordance across a large number of markets. The results highlight the problems associated with commonalities in the underlying economic bases of the markets. The concentration of investment also raises the possibility of common flow of funds effects that may further reduce diversification opportunities.
Concordance in Global Office Market Cycles
Stevenson S., Akimov A., Hutson E. and Krystalogianni A. Concordance in global office market cycles, Regional Studies. A large proportion of international real estate investment is concentrated in the office markets of the world's largest cities. However, many of these global cities are also key financial services centres, highlighting the possibility of reduced economic diversification from an investor's perspective. This paper assesses the degree of synchronization in cycles across twenty of the world's largest office markets, finding evidence of significant concordance across a large number of markets. The results highlight the problems associated with commonalities in the underlying economic bases of the markets. The concentration of investment also raises the possibility of common flow of funds effects that may further reduce diversification opportunities.
Concordance in Global Office Market Cycles
Stevenson, Simon (Autor:in) / Akimov, Alexey (Autor:in) / Hutson, Elaine (Autor:in) / Krystalogianni, Alexandra (Autor:in)
Regional Studies ; 48 ; 456-470
04.03.2014
15 pages
Aufsatz (Zeitschrift)
Elektronische Ressource
Englisch
International office markets , Economic diversification , 国际办公室市场 , 经济多元化 , Marchés des bureaux internationaux , Diversification économique , Internationale gewerbliche Immobilienmärkte , Wirtschaftliche Diversifizierung , Mercados de oficinas internacionales , Diversificación económica , F , F3 , F36 , G , G1 , G15
Concordance in Global Office Market Cycles
| Online Contents | 2014
| Emerald Group Publishing | 1992
| British Library Online Contents | 2013
| British Library Online Contents | 2013
| Online Contents | 2013