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Ten-Year Belgium Office and Retail Markets with a Digression on Vacancy Modelling

In: European Metropolitan Commercial Real Estate Markets

Author

Listed:
  • Marc J. K. Ceuster

    (University of Antwerp
    Antwerp Management School)

  • Robert Straelen

    (University of Antwerp
    Antwerp Management School)

Abstract

Publicly available data concerning the dynamics on the Belgian commercial real estate markets are scarce. This paper fills this void and collects data on an annual frequency on both the demand and the supply side of Belgian office and retail markets. We also provide information on the transactions, the prices and the rents. In order to interpret the data in the right institutional setting, some organizational aspects are discussed as well. We highlight the role of the vacancy rate and try to estimate the “natural” vacancy rate. Finally, we give an outlook.

Suggested Citation

  • Marc J. K. Ceuster & Robert Straelen, 2014. "Ten-Year Belgium Office and Retail Markets with a Digression on Vacancy Modelling," Advances in Spatial Science, in: Ed F. Nozeman & Arno J. Van der Vlist (ed.), European Metropolitan Commercial Real Estate Markets, edition 127, chapter 0, pages 133-161, Springer.
    • Handle: RePEc:spr:adspcp:978-3-642-37852-2_6
    DOI: 10.1007/978-3-642-37852-2_6
    as

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