This chapter reviews the evidence of predictability in US residential and commercial real
estate markets. First, we highlight the main methodologies used in the construction of real …

This paper uses hedonic regression techniques to decompose the price of a house into land
and structure components using real estate sales data for Tokyo. To get sensible results, a …

Real Estate Economics: A point-to-point handbook introduces the main tools and concepts
of real estate (RE) economics. It covers areas such as the relation between RE and the …

This paper investigates spatial dependence in the prices of office buildings in Hong Kong,
London, Los Angeles, New York City, Paris, and Tokyo for 2007 to 2013. Compared to prior …

New methods are developed here for pricing the main real estate derivatives—futures and
forward contracts, total return swaps, and options. Accounting for the incompleteness of this …

Purpose The purpose of this paper is to develop an innovative model that can be included
within the market approach methods for property valuations. The algorithm takes into …

A feasible asset allocation framework for the post 2008 financial world Asset allocation has
long been a cornerstone of prudent investment management; however, traditional allocation …

We investigate the case for Bordeaux and Rhone wine as an investment. The raw data
analysed comprises of approx. 335,000 observations of wine sales prices and is analysed …

Of the top ten global commercial property markets, London's has had the highest transaction
turnover for the past decade according to Real Capital Analytics. Its prime real estate is part …

We propose a new method to estimate quality adjusted commercial property price indexes
using real estate investment trust (REIT) data. Our method is based on the present value …