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Local Office Rent Dynamics

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  • Dirk Brounen
  • Maarten Jennen

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  • Dirk Brounen & Maarten Jennen, 2009. "Local Office Rent Dynamics," The Journal of Real Estate Finance and Economics, Springer, vol. 39(4), pages 385-402, November.
  • Handle: RePEc:kap:jrefec:v:39:y:2009:i:4:p:385-402
    DOI: 10.1007/s11146-008-9118-2
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    References listed on IDEAS

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    1. Ciccone, Antonio, 2002. "Agglomeration effects in Europe," European Economic Review, Elsevier, vol. 46(2), pages 213-227, February.
    2. William C. Wheaton, 1987. "The Cyclic Behavior of the National Office Market," Real Estate Economics, American Real Estate and Urban Economics Association, vol. 15(4), pages 281-299, December.
    3. Patric H. Hendershott & Bryan D. MacGregor & Raymond Y.C. Tse, 2002. "Estimation of the Rental Adjustment Process," Real Estate Economics, American Real Estate and Urban Economics Association, vol. 30(2), pages 165-183.
    4. Grenadier Steven R., 1995. "Local and National Determinants of Office Vacancies," Journal of Urban Economics, Elsevier, vol. 37(1), pages 57-71, January.
    5. De Wit, Ivo & van Dijk, Ronald, 2003. "The Global Determinants of Direct Office Real Estate Returns," The Journal of Real Estate Finance and Economics, Springer, vol. 26(1), pages 27-45, January.
    6. William C. Wheaton & Raymond G. Torto, 1988. "Vacancy Rates and the Future of Office Rents," Real Estate Economics, American Real Estate and Urban Economics Association, vol. 16(4), pages 430-436, December.
    7. Jacques Gordon & Paige MosbaughTodd Canter & Todd Canter, 1996. "Integrating Regional Economic Indicators with the Real Estate Cycle," Journal of Real Estate Research, American Real Estate Society, vol. 12(3), pages 469-501.
    8. Hendershott, Patric & MacGregor, Bryan & White, Michael, 2002. "Explaining Real Commercial Rents Using an Error Correction Model with Panel Data," The Journal of Real Estate Finance and Economics, Springer, vol. 24(1-2), pages 59-87, Jan.-Marc.
    9. David M. Blank & Louis Winnick, 1953. "The Structure of the Housing Market," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 67(2), pages 181-208.
    10. Eamonn D'Arcy & Tony McGough & Sotiris Tsolacos, 1997. "National economic trends, market size and city growth effects on European office rents," Journal of Property Research, Taylor & Francis Journals, vol. 14(4), pages 297-308, January.
    11. Eamonn D'Arcy & Tony McGough & Sotiris Tsolacos, 1999. "An econometric analysis and forecasts of the office rental cycle in the Dublin area," Journal of Property Research, Taylor & Francis Journals, vol. 16(4), pages 309-321, January.
    12. Patric H. Hendershott & Colin M. Lizieri & George A. Matysiak, 1999. "The Workings of the London Office Market," Real Estate Economics, American Real Estate and Urban Economics Association, vol. 27(2), pages 365-387, June.
    13. Hendershott, Patric H., 1996. "Rental Adjustment and Valuation in Overbuilt Markets: Evidence from the Sydney Office Market," Journal of Urban Economics, Elsevier, vol. 39(1), pages 51-67, January.
    14. Levin, Andrew & Lin, Chien-Fu & James Chu, Chia-Shang, 2002. "Unit root tests in panel data: asymptotic and finite-sample properties," Journal of Econometrics, Elsevier, vol. 108(1), pages 1-24, May.
    15. Shilling, James D. & Sirmans, C. F. & Corgel, John B., 1987. "Price adjustment process for rental office space," Journal of Urban Economics, Elsevier, vol. 22(1), pages 90-100, July.
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    Cited by:

    1. Roddy Allan & Ervi Liusman & Teddy Lu & Desmond Tsang, 2021. "The COVID-19 Pandemic and Commercial Property Rent Dynamics," JRFM, MDPI, vol. 14(8), pages 1-24, August.
    2. Jonathan A. Wiley, 2014. "Gross Lease Premiums," Real Estate Economics, American Real Estate and Urban Economics Association, vol. 42(3), pages 606-626, September.
    3. Dennis Schoenmaker & Arno Vlist, 2015. "On real estate development activity: the relationship between commercial and residential real estate markets," Letters in Spatial and Resource Sciences, Springer, vol. 8(3), pages 219-232, November.
    4. Maria Ibanez & Anthony Pennington-Cross, 2013. "Commercial Property Rent Dynamics in U.S. Metropolitan Areas: An Examination of Office, Industrial, Flex and Retail Space," The Journal of Real Estate Finance and Economics, Springer, vol. 46(2), pages 232-259, February.

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