...Thomas Vogl; Grzegorz Micek Purpose The study was designed to investigate the bidirectional causation between the real estate market characteristics (residential property prices/rents (including PTR), office rents) and the rise of coworking spaces (CSs) in the peripheral areas of Germany...

...Jan Reinert Purpose The majority of institutional investors in Germany use the German income approach (GIA) while investors abroad prefer the discounted cash flow (DCF). The debate around the two methods has been largely theoretical, lacking large-scale empirical evidence. The paper aims...

...Nick French; Geetha Bhat; Gurpreet Matharu; Filipe Ortigão Guimarães; David Solomon Purpose The purpose of this paper is to provide an insight into how the demographic of international and home students in the major university cities in three European countries (France, Spain and Germany) offers...

...Philipp Schäfer; Tobias Just Purpose The purpose of this paper is to analyze whether urban tourism attractiveness affects young adult migration within Germany. Currently, factors like urban attractiveness, environmental qualities or vicinity to amenities play a more important role...

.... In Germany, office investments concentrate on seven large cities, which are the centres of economic agglomerations and which offer the biggest markets for office space: Berlin, Cologne, Düsseldorf, Frankfurt, Hamburg, Munich and Stuttgart (“Top7”). The existence of top markets with high employment rates...

... converged implying limited diversification possibilities. The property sectors of Finland, France, Germany and Sweden, however, have only partially converged. Further analysis reveals that for these four countries, the industrial sectors provide the greatest long‐run diversification benefits. Finally, weak...

... instant effect on fund performance. © Emerald Group Publishing Limited 2012 Real estate investment Inflation Inflation‐hedging Indirect real estate investment Investments Hedging Real estate Performance Cointegration Germany Inflation‐hedging effectiveness of real estate has...

.... But in praxis all property valuations in Germany are based solely on this legal framework and only methods of the Property Value Decree are applied. For example, the law on investment companies (Investmentgesetz, 2003) require that properties held by a property mutual fund must be valued...

...Henry Schaefer; Christian Gromer; Adriana Neligan Purpose Socially responsible property investments (SRPI) are seen as the emerging trend in socially responsible investing. The purpose of this paper is to raise the question of whether this trend is also valid for Germany. The results presented...

...Robin Goodchild; Ulrich Schacht; Jens Wimschulte Purpose Germany is the biggest real estate market in Europe. Although some established vehicles for indirect property investments are available, the German real estate market is dominated by direct investments and lags behind its international peers...

... into a healthy environment, the following rule of thumb might apply to Germany: If the sum of all German bank balances equals EUR 6.400 billion and the default ratio of loans typically lies around 5 percent, this leads to a market potential of NPLs of around EUR 320 Mio. Approximately 50 percent of these loans...

... loss within a (future) time period have until today not been integrated in the valuation of real estate serving as collateral. Sven Bienert can be contacted at: sven.bienert@fh‐kufstein.ac.at © Emerald Group Publishing Limited 2007 Germany Lending services Market value Risk...

... European contexts. Findings The findings of in‐depth case studies of investment decision‐making in France, Germany and the UK indicate that the decision‐making process, as perceived by institutional investors, does not deviate significantly from normative models. However, investors tend to “collapse...

... of the relevant real estate holdings of institutional investors in Germany. In addition to the yearly publication of the German Property Investors Digest, DID has published other reports, including: open‐ended real estate funds, description and analysis 2001; and special reports that can...

... into valuations. The aim of the following part of this research is to adjust the investment returns produced by the notional index in order that the return delivery more closely resembles that of a portfolio‐based property index. © MCB UP Limited 2001 Germany United Kingdom Investment property...

.... If there is substantial divergence between the two types of index in terms of absolute levels of returns and volatility of returns, there will be implications for investment strategies that depend solely on notional indices. Whilst this paper, and the second which follows, specifically concentrate on the UK and Germany...

... estate in Germany, as with the other asset classes, has not been immune to this process. Furthermore, tax laws changed at the beginning of 1999 to limit tax write‐offs available on property investment, particularly those favoured by closed‐ended funds. This may act to make these funds less attractive...

... and professionalism of the German real‐estate market. Germany Investment property portfolio Property markets Real estate Equation (1) can then be modified in order to be able to use the data of the accounting reports of open‐end real‐estate funds: Equation (2) where RP_t = realized...

... firms who are contemplating the asset class and those who have decided against overseas property investments. © MCB UP Limited 1994 Currencies Exchange rates Germany Investment The Netherlands Portfolio planning Property United Kingdom Since the inception of modern portfolio...

... alone. Rather,the fundamental factors that drive market performance should be considered. Argues that any European diversification strategy should consider the political and administrative structures in place in the Community. Specifically, contrasts the federal structure of Germany with the centralized...