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A Spatial Analysis of Office Rent Determinants

Author

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  • Kerem Yavuz Arslanli

Abstract

Multi Center development of Istanbul shifted the CBD and new sub centers emerged along east and west coast of Marmara shoreline. The recent 3rd bridge construction and proposed 3rd international airport on the northern part of the city, commercial activities will shift according to this new higher level of planning agenda. This paper analysis the determinants of office rents with respect to district level of commercial activity, proximity to external amenities, accessibility to means of transportation, sub district level income, house prices and demographics.

Suggested Citation

  • Kerem Yavuz Arslanli, 2016. "A Spatial Analysis of Office Rent Determinants," ERES eres2016_92, European Real Estate Society (ERES).
  • Handle: RePEc:arz:wpaper:eres2016_92
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    File URL: https://eres.architexturez.net/doc/oai-eres-id-eres2016-92
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    JEL classification:

    • R3 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location

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