Franz Fuerst

University of Cambridge - Department of Land Economy

19 Silver Street

Cambridge, CB3 9EP

United Kingdom

http://www.landecon.cam.ac.uk/directory/dr-franz-fuerst

University of Melbourne

Visiting Scholar

185 Pelham Street

Carlton, Victoria 3053

Australia

City University of New York - Center for Urban Research

CUNY The Graduate Center

New York, NY 10011

United States

SCHOLARLY PAPERS

59

DOWNLOADS
Rank 2,704

SSRN RANKINGS

Top 2,704

in Total Papers Downloads

16,246

SSRN CITATIONS
Rank 21,204

SSRN RANKINGS

Top 21,204

in Total Papers Citations

18

CROSSREF CITATIONS

30

Scholarly Papers (59)

1.

Land-Use Transport Interaction: State of the Art

Number of pages: 119 Posted: 16 Jul 2009
Michael Wegener and Franz Fuerst
University of Dortmund and University of Cambridge - Department of Land Economy
Downloads 4,098 (2,855)
Citation 28

Abstract:

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Urban location theory, transportation research, land use- transport interaction, urban simulation modeling, location choice

2.

The Financial Rewards of Sustainability: A Global Performance Study of Real Estate Investment Trusts

Number of pages: 22 Posted: 18 Jun 2015
Franz Fuerst
University of Cambridge - Department of Land Economy
Downloads 1,266 (19,531)
Citation 3

Abstract:

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Real estate, sustainability, REITs, performance ratings

3.

Analyzing the Performance of Non-Listed Real Estate Funds: A Panel Data Analysis

Number of pages: 12 Posted: 18 Mar 2009 Last Revised: 05 Sep 2012
George Matysiak and Franz Fuerst
City University London - Faculty of Finance and University of Cambridge - Department of Land Economy
Downloads 744 (41,715)
Citation 2

Abstract:

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unlisted real estate funds, performance analysis, commercial real estate, panel data analysis

4.

Managing Real Estate Investments: A Review of International Concepts and Definitions

Number of pages: 15 Posted: 29 May 2009
Franz Fuerst
University of Cambridge - Department of Land Economy
Downloads 687 (46,440)
Citation 2

Abstract:

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Real Estate Investment Management, Portfolio Management, International Real Estate

5.

Office Rent Determinants: A Hedonic Panel Analysis

Number of pages: 47 Posted: 23 Oct 2007
Franz Fuerst
University of Cambridge - Department of Land Economy
Downloads 642 (50,750)
Citation 2

Abstract:

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Real estate, office market, hedonic analysis, panel analysis, market fragmentation, efficient markets, spatiotemporal models

6.

Can Investing in Corporate Social Responsibility Lower a Company’s Cost of Capital?

Number of pages: 23 Posted: 05 Oct 2012
Marcelo Cajias, Franz Fuerst and Sven Bienert
PATRIZIA AG, University of Cambridge - Department of Land Economy and University of Regensburg - International Real Estate Business School (IREBS)
Downloads 632 (51,839)
Citation 2

Abstract:

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Corporate Social Responsibility, Sustainability, Cost of Capital, Quantile Regression

7.

Cross-Border Capital Flows into Real Estate

Number of pages: 41 Posted: 10 Nov 2013 Last Revised: 17 Apr 2014
Franz Fuerst, Stanimira Milcheva and Andrew Baum
University of Cambridge - Department of Land Economy, University College London and University of Oxford, Said Business School
Downloads 534 (64,070)

Abstract:

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Real Estate Investment, Cross-border flows, Panel data analysis

8.

Re-Thinking Commercial Real Estate Market Segmentation

Number of pages: 24 Posted: 17 Oct 2010 Last Revised: 03 Jun 2012
Franz Fuerst and Gianluca Marcato
University of Cambridge - Department of Land Economy and Henley Business School - University of Reading
Downloads 478 (73,516)
Citation 1

Abstract:

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market segmentation, commercial real estate, financial performance measurement, cluster analysis, neural network analysis, risk diversification

9.

Sustainable Building Certification and the Rent Premium: A Panel Data Approach

Journal of Real Estate Research, Vol. 34, No. 1, 2012
Number of pages: 28 Posted: 28 Mar 2012
University of Cambridge - Department of Land Economy, European Business School (EBS) Wiesbaden - Department Finance, Accounting & Real Estate, EBS University, EBS Business School and affiliation not provided to SSRN
Downloads 475 (74,076)
Citation 2

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sustainable, LEED, ENERGY STAR, rental premium, commercial, office

10.

Exogenous Shocks and Real Estate Rental Markets: An Event Study of the 9/11 Attacks and Their Impact on the New York Office Market

Number of pages: 22 Posted: 15 Sep 2005
Franz Fuerst
University of Cambridge - Department of Land Economy
Downloads 469 (75,293)
Citation 2

Abstract:

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office rental market, real estate, 9/11, terrorist attacks, impact, World Trade Center, New York, event study, abnormal returns, vacancy rates

11.

Forecasting the Manhattan Office Market with a Simultaneous Equation Model

Number of pages: 34 Posted: 25 Oct 2004
Franz Fuerst
University of Cambridge - Department of Land Economy
Downloads 441 (80,981)
Citation 2

Abstract:

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Simultaneous equation model, econometric forecasting

12.

Private Equity Real Estate: Asymmetric Effects of Gearing and Drivers of Performance

Number of pages: 19 Posted: 07 Nov 2014
Franz Fuerst, Wayne Lim and George Matysiak
University of Cambridge - Department of Land Economy, University of Cambridge and City University London - Faculty of Finance
Downloads 371 (98,926)
Citation 2

Abstract:

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real estate, private equity, non-listed funds, asymmetric effects of gearing, performance drivers

13.

Style Analysis in Real Estate Markets: Beyond the Sectors and Regions Dichotomy

Journal of Portfolio Management, Vol. 33, No. 5, 2009
Number of pages: 27 Posted: 13 Mar 2009 Last Revised: 10 Apr 2015
Franz Fuerst and Gianluca Marcato
University of Cambridge - Department of Land Economy and Henley Business School - University of Reading
Downloads 336 (110,680)
Citation 6

Abstract:

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investment styles, commercial real estate, portfolio analysis, performance measurement

14.

Are Local Economic Development Incentives Promoting Job Growth? An Empirical Case Study

Number of pages: 40 Posted: 26 Nov 2005
Franz Fuerst and John Mollenkopf
University of Cambridge - Department of Land Economy and City University of New York - Center for Urban Research
Downloads 327 (113,988)

Abstract:

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economic development incentives, job growth, manufacturing, subsidies, urban development, economic development policy

15.

Do Responsible Real Estate Companies Outperform Their Peers?

Number of pages: 30 Posted: 10 Dec 2011 Last Revised: 28 Mar 2014
University of Cambridge - Department of Land Economy, PATRIZIA AG, University of Reading - Department of Real Estate and Planning and University of Reading - School of Real Estate & Planning, Henley Business School
Downloads 310 (120,679)

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Environment Social Governance, Corporate Social Responsibility, Corporate Financial Performance, Real Estate, Panel Data

16.

The Impact of Energy Performance Certificates on the Rental and Capital Values of Commercial Property Assets

Number of pages: 27 Posted: 20 May 2011 Last Revised: 18 Jun 2011
Franz Fuerst and Patrick M. McAllister
University of Cambridge - Department of Land Economy and University of Reading - Department of Real Estate and Planning
Downloads 308 (121,511)
Citation 2

Abstract:

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Energy Performance Certificates, commercial property values, real estate appraisal

17.

The Commercial Performance of Global Airports

Number of pages: 17 Posted: 28 Nov 2014 Last Revised: 03 Dec 2014
Franz Fuerst and Sven Gross
University of Cambridge - Department of Land Economy and University of Applied Studies and Research Harz
Downloads 271 (138,980)

Abstract:

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commercial revenues, non-aeronautical airport income, airports finances

18.

Determinants of Green Building Adoption

Number of pages: 30 Posted: 16 Apr 2011 Last Revised: 04 Dec 2013
University of Cambridge - Department of Land Economy, New York University - Center for Urban Science and Progress and University of Reading - Department of Real Estate and Planning
Downloads 250 (150,772)

Abstract:

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energy efficiency, LEED, real estate, innovation diffusion, eco-labeling

19.

An Investigation of the Effect of Eco-Labeling on Office Occupancy Rates

Number of pages: 23 Posted: 11 Jul 2009
Patrick M. McAllister and Franz Fuerst
University of Reading - Department of Real Estate and Planning and University of Cambridge - Department of Land Economy
Downloads 240 (156,788)
Citation 11

Abstract:

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Eco-certification, real estate economics, dynamics of office occupancy rates

20.

The Dynamics of House Prices in Israel and the Effect of the Investor’s Fear Gauge

Number of pages: 42 Posted: 10 Oct 2014 Last Revised: 20 Apr 2017
Dotan Weiner and Franz Fuerst
University of Cambridge - Department of Land Economy and University of Cambridge - Department of Land Economy
Downloads 227 (165,476)

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Housing market, Macroeconomic Drivers, Asset Pricing, Volatility, Cointegration, Error Correction Model

21.

Predictable or Not? Forecasting Office Markets with a Simultaneous Equation Approach

Number of pages: 25 Posted: 19 Jun 2006
Franz Fuerst
University of Cambridge - Department of Land Economy
Downloads 226 (166,177)

Abstract:

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forecasting, real estate, linear/non-linear modeling

22.

Designer Buildings and the Economic Value of Signature Architecture

Number of pages: 33 Posted: 16 Apr 2009 Last Revised: 01 Jul 2010
University of Cambridge - Department of Land Economy, University of Reading - Department of Real Estate and Planning and University of Reading - Department of Real Estate and Planning
Downloads 223 (168,276)
Citation 3

Abstract:

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commercial real estate appraisal, rental price determination, design and branding of architecture

23.

A Class of its Own? The Role of Sustainable Real Estate in a Conditional Value at Risk Multi-Asset Portfolio

Number of pages: 36 Posted: 19 Sep 2014
Peter Geiger, Marcelo Cajias and Franz Fuerst
University of Regensburg - International Real Estate Business School (IREBS), PATRIZIA AG and University of Cambridge - Department of Land Economy
Downloads 221 (169,752)

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Social Responsible Investment, Sustainable Real Estate, Portfolio Optimization, Asset Allocation, CVaR

24.

Is Energy Efficiency Priced in the Housing Market? Some Evidence from the United Kingdom

Number of pages: 34 Posted: 26 Feb 2013 Last Revised: 26 Apr 2013
University of Cambridge - Department of Land Economy, University of Reading - Department of Real Estate and Planning, University of Reading - School of Real Estate & Planning, Henley Business School and University of Reading - Department of Real Estate and Planning
Downloads 180 (204,718)
Citation 3

Abstract:

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energy efficiency, house prices, eco-labelling, hedonic models

25.

The Aftermath of the 9/11 Attack in the New York City Office Market: A Review of Key Figures and Developments

Number of pages: 32 Posted: 11 Feb 2009
Franz Fuerst
University of Cambridge - Department of Land Economy
Downloads 160 (226,351)

Abstract:

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Economics of commercial real estate, September 11 attacks, New York real estate market

26.

Energy Efficiency of Buildings: A New Challenge for Urban Models

Jin, Y. (ed.): Applied Urban Modelling: Assessing Pathways Towards Energy Efficient and Climate-Wise Regions, Cambridge: British Academy, Forthcoming
Number of pages: 18 Posted: 08 Dec 2013 Last Revised: 24 Jul 2014
Franz Fuerst and Michael Wegener
University of Cambridge - Department of Land Economy and University of Dortmund
Downloads 149 (240,147)

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Urban models, energy efficiency retrofits, housing markets, land use transport interaction

27.

Spatial Patterns of Office Employment in the New York Region

Number of pages: 31 Posted: 05 Sep 2008 Last Revised: 25 Jun 2012
Franz Fuerst
University of Cambridge - Department of Land Economy
Downloads 149 (240,147)

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agglomeration economies, office employment, spatial concentration measures, employment data, industry composition urban economics

28.

Is Intrinsic Energy Efficiency Reflected in the Pricing of UK Office Leases?

Number of pages: 26 Posted: 24 Oct 2012 Last Revised: 26 Oct 2012
Franz Fuerst, Jorn van de Wetering and Peter Wyatt
University of Cambridge - Department of Land Economy, University of Reading - Department of Real Estate and Planning and University of Reading - Department of Real Estate and Planning
Downloads 134 (261,390)
Citation 1

Abstract:

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Energy Performance Certificate, Hedonic modeling, Commercial office space, Energy efficiency, Eco-labeling

29.

A Green Winner's Curse? Investor Behavior in the Market for Eco-Certified Office Buildings

Number of pages: 32 Posted: 22 Jul 2012 Last Revised: 30 Oct 2012
University of Cambridge - Department of Land Economy, University of Reading - Henley Business School and University of Reading - Department of Real Estate and Planning
Downloads 126 (273,793)

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real estate auctions, Nash equilibrium, green buildings

30.

Non-Listed Real Estate Funds: Leverage and Macroeconomic Effects

The Narodowy Bank Polski Workshop: Recent Trends in the Real Estate Market And its Analysis, 2013
Number of pages: 24 Posted: 24 Sep 2016
Franz Fuerst, Wayne Lim and George Matysiak
University of Cambridge - Department of Land Economy, University of Cambridge and City University London - Faculty of Finance
Downloads 122 (280,436)

Abstract:

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real estate, private equity, non-listed funds, leverage, macroeconomic effect

31.

The Operating Expense Puzzle of US Green Office Buildings

Number of pages: 33 Posted: 25 Oct 2012 Last Revised: 21 May 2013
Nikodem Szumilo and Franz Fuerst
London School of Economics & Political Science (LSE) and University of Cambridge - Department of Land Economy
Downloads 117 (288,970)
Citation 4

Abstract:

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Green buildings, eco-certification, commercial real estate, pricing of energy efficiency

32.

Sea Level Rise and House Price Capitalisation

Number of pages: 22 Posted: 23 Apr 2019
Franz Fuerst and Georgia Warren-Myers
University of Cambridge - Department of Land Economy and University of Melbourne, Faculty of Architecture, Building and Planning, Students
Downloads 112 (297,879)
Citation 2

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sea level rise, house prices, flood risk, hedonic pricing, information asymmetry

33.

Office Market Segmentation in Emerging Markets: A Study of Sao Paulo

Number of pages: 22 Posted: 29 Aug 2016
Getulio Vargas Foundation (FGV) - Sao Paulo School of Business Administration, University of Cambridge - Department of Land Economy and Getulio Vargas Foundation (FGV) - Finance, Accounting and Controllership Department of Fundação Getulio Vargas (São Paulo, Brazil)
Downloads 112 (297,879)
Citation 1

Abstract:

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commercial real estate, office buildings, market segmentation

Size Signals Success: Evidence from Real Estate Private Equity

Number of pages: 14 Posted: 25 Aug 2015
Sebastian Krautz and Franz Fuerst
EBS Universität für Wirtschaft und Recht and University of Cambridge - Department of Land Economy
Downloads 105 (313,415)
Citation 2

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Real Estate, Private Equity, Fundraising, Market Concentration, Network Analysis, Industry Embeddedness, Centrality Measures

Size Signals Success: Evidence from Real Estate Private Equity

Journal of Portfolio Management, Vol. 41, No. 5, 2015
Posted: 07 Oct 2015
Sebastian Krautz and Franz Fuerst
EBS Universität für Wirtschaft und Recht and University of Cambridge - Department of Land Economy

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Real Estate, Private Equity, Fundraising, Market Concentration, Network Analysis, Industry Embeddedness, Centrality Measures

35.

Are Green Labels More Valuable in Emerging Real Estate Markets?

Number of pages: 29 Posted: 08 Jun 2017
Getulio Vargas Foundation (FGV) - Sao Paulo School of Business Administration, University of Cambridge - Department of Land Economy, Central Michigan University - College of Business Administration and Getulio Vargas Foundation (FGV) - Finance, Accounting and Controllership Department of Fundação Getulio Vargas (São Paulo, Brazil)
Downloads 102 (317,631)

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eco-certification, office markets, emerging economies, signaling effects

36.

Are Energy Efficiency Ratings Ignored in the German Housing Market? – Evidence from a Large-Sample Hedonic Study

Number of pages: 26 Posted: 22 Jun 2016 Last Revised: 17 Jan 2017
Marcelo Cajias, Franz Fuerst and Sven Bienert
PATRIZIA AG, University of Cambridge - Department of Land Economy and University of Regensburg - International Real Estate Business School (IREBS)
Downloads 100 (321,827)
Citation 4

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Energy efficiency, residential buildings, Hedonic model, Hazard model, German housing

37.

Green Luxury Goods? The Economics of Eco-Labels in the Japanese Housing Market

Number of pages: 22 Posted: 01 May 2014 Last Revised: 06 Jan 2016
Franz Fuerst and Chihiro Shimizu
University of Cambridge - Department of Land Economy and The University of Tokyo
Downloads 88 (348,990)

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housing markets, eco-labels, hedonic analysis, real estate markets

38.

Obesity and Urban Form: Evidence from London

Number of pages: 33 Posted: 17 Mar 2017 Last Revised: 20 Apr 2017
Oliver Brecher and Franz Fuerst
University of Cambridge - Department of Land Economy and University of Cambridge - Department of Land Economy
Downloads 81 (366,807)

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Obesity, urban form, land use mix, street connectivity, mediation analysis

39.

Who Captures the 'Green Value' in the US Office Market.

Number of pages: 32 Posted: 01 Nov 2014
Nikodem Szumilo and Franz Fuerst
London School of Economics & Political Science (LSE) and University of Cambridge - Department of Land Economy
Downloads 79 (372,266)
Citation 1

Abstract:

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Green buildings, eco-certification, commercial real estate, pricing of energy efficiency

40.

Rational Expectations? A Time-Series Analysis of Building Booms in the London Office Market

Number of pages: 19 Posted: 17 Nov 2010 Last Revised: 30 Jun 2011
Franz Fuerst and Anna-Maija Grandy
University of Cambridge - Department of Land Economy and affiliation not provided to SSRN
Downloads 77 (377,701)

Abstract:

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41.

Building Energy Retrofit Hurdle Rates and Risk Arbitrage in Energy Efficiency Investments

Kenan Institute of Private Enterprise Research Paper No. 20-07
Number of pages: 26 Posted: 11 Sep 2020
Massachusetts Institute of Technology (MIT), New York University (NYU) - Center for Urban Science and Progress, University of Cambridge - Department of Land Economy, University of Arizona, University of North Carolina Kenan-Flagler Business School and New York University - Center for Urban Science and Progress
Downloads 62 (424,140)

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energy retrofits; building energy performance; retrofit investment; energy efficiency

42.

Risks and Uncertainties Associated with Residential Energy Efficiency Investments

Real Estate Finance, Spring 2019, Volume 35, Number 4,vpages 249–262
Number of pages: 14 Posted: 15 Oct 2018 Last Revised: 28 Mar 2019
University of Cambridge - Department of Land Economy, University of Cambridge - Department of Land Economy, Erasmus University Rotterdam (EUR) - Department of Financial Management, Tilburg University - TIAS School for Business and Society, University of Cambridge - Department of Land Economy, University of Cambridge - Department of Land Economy and affiliation not provided to SSRN
Downloads 60 (431,108)
Citation 1

Abstract:

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energy efficiency, residential retrofit investments, climate change, retrofit risk dimensions

43.

Green Clientele Effects in the Housing Market

Number of pages: 26 Posted: 16 Dec 2015
Franz Fuerst, Elias Oikarinen and Oskari Harjunen
University of Cambridge - Department of Land Economy, University of Turku, Department of Economics and VATT Institute for Economic Research
Downloads 58 (438,277)

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energy efficiency; energy performance rating; housing markets; price; time on market

44.

Interpretable Machine Learning for Real Estate Market Analysis

Number of pages: 40 Posted: 29 Apr 2021
University of Regensburg - International Real Estate Business School (IREBS), University of Regensburg - International Real Estate Business School (IREBS), PATRIZIA AG and University of Cambridge - Department of Land Economy
Downloads 57 (441,939)

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Interpretable Machine Learning, Microeconomic Hedonic Pricing, Housing Markets, Rental Markets

45.

Harvesting the Low-Hanging Fruit: A Behavioural Study of Energy-Efficient Household Appliance Purchases in India

Number of pages: 36 Posted: 29 Mar 2016
Franz Fuerst and R Singh
University of Cambridge - Department of Land Economy and affiliation not provided to SSRN
Downloads 56 (445,590)

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Inter-temporal choice; present bias; energy efficiency gap

46.

The Personality Profiles of Early Adopters of Energy-Efficient Technology

SOEPpaper No. 924
Number of pages: 43 Posted: 27 Sep 2017
Ante Busic and Franz Fuerst
University of Cambridge - Department of Land Economy and University of Cambridge - Department of Land Economy
Downloads 40 (511,799)

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Energy Efficiency; Personality Traits; Technology; Diffusion; Residential Sector

47.

Variations in the Implicit Pricing of Energy Performance by Dwelling Type and Tenure: A Study of Wales

Number of pages: 40 Posted: 22 Jul 2015
University of Cambridge - Department of Land Economy, University of Reading - Department of Real Estate and Planning, University of Reading - School of Real Estate & Planning, Henley Business School and University of Reading - Department of Real Estate and Planning
Downloads 40 (511,799)

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energy efficiency, housing markets, hedonic models, implicit prices, split incentive problem

48.

Is there an Economic Case for Energy-Efficient Dwellings in the UK Private Rental Market?

Number of pages: 40 Posted: 16 Oct 2018
Hassan Adan and Franz Fuerst
University of Cambridge - Department of Land Economy and University of Cambridge - Department of Land Economy
Downloads 37 (526,077)

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Energy Efficiency, Housing Market, Rent and Price Capitalisation, Hedonic Analysis

49.

Me or My House? Investigating the Relative Importance of Household and Dwelling Characteristics for Household Energy Consumption

Number of pages: 15 Posted: 16 Oct 2018
Hassan Adan, Franz Fuerst, Dimitra Kavarnou and R Singh
University of Cambridge - Department of Land Economy, University of Cambridge - Department of Land Economy, University of Cambridge - Department of Land Economy and affiliation not provided to SSRN
Downloads 35 (536,203)

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energy consumption; households; dwellings; socio-economic characteristics

50.

Diversification Potential in Real Estate Portfolios

Number of pages: 32 Posted: 22 Apr 2021
Catholic University of Louvain (UCL) - Louvain Finance (LFIN), University of Cambridge - Department of Land Economy and Aix-Marseille University - Aix-Marseille School of Economics
Downloads 25 (593,831)

Abstract:

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Portfolio diversification, real estate markets

51.

The Heterogeneous Relationship of Owner-Occupied and Investment Property with Household Portfolio Choice

Number of pages: 31 Posted: 22 Jul 2021
Marco Felici and Franz Fuerst
University of Cambridge - Department of Land Economy and University of Cambridge - Department of Land Economy
Downloads 5 (740,238)

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Household Finance; Property; Portfolio Choice

Green Noise or Green Value? Measuring the Effects of Environmental Certification on Office Values

Real Estate Economics, Vol. 39, No. 1, pp. 45-69, 2011
Number of pages: 25 Posted: 14 Mar 2011
Franz Fuerst and Patrick M. McAllister
University of Cambridge - Department of Land Economy and University of Reading - Department of Real Estate and Planning
Downloads 2 (799,547)
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Green Noise or Green Value? Measuring the Effects of Environmental Certification on Office Values

Real Estate Economics, Vol. 39, 2010
Posted: 23 Aug 2010 Last Revised: 13 Jun 2014
Franz Fuerst and Patrick M. McAllister
University of Cambridge - Department of Land Economy and University of Reading - Department of Real Estate and Planning

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green buildings, LEED, Energy Star certification, hedonic models, commercial real estate, appraisal, partial equilibrium, price premium, innovation diffusion

53.

Income Risk in Energy Efficient Office Buildings.

Posted: 28 Mar 2017 Last Revised: 09 Jan 2018
Nikodem Szumilo and Franz Fuerst
London School of Economics & Political Science (LSE) and University of Cambridge - Department of Land Economy

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Sustainability, risk management, income risk

54.

The Spatial Impact of Employment Centres on Housing Markets

Posted: 03 Sep 2016 Last Revised: 13 Jul 2017
London School of Economics & Political Science (LSE), University of Lodz - Faculty of Economics and Sociology and University of Cambridge - Department of Land Economy

Abstract:

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housing markets, regional employment, spatial modeling

55.

Volatility Clustering, Risk-Return Relationship and Asymmetric Adjustment in Canadian Housing Markets

Lin, P. and Fuerst, F. 2014. Volatility Clustering, Risk-Return Relationship, and Asymmetric Adjustment in the Canadian Housing Market. Journal of Real Estate Portfolio Management 20(1): 37–46.
Posted: 06 Jan 2013 Last Revised: 22 Feb 2015
Pin-te Lin and Franz Fuerst
Australian National University (ANU) and University of Cambridge - Department of Land Economy

Abstract:

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EGARCH-M, Canada, Volatility clustering, Risk-return, Leverage

56.

The Integration of Direct Real Estate and Stock Markets in Asia

Lin, P.-T. and Fuerst, F. (2014) The Integration of Direct Real Estate and Stock Markets in Asia, Applied Economics, 46(12), 1323-1334.
Posted: 09 Dec 2012 Last Revised: 18 Sep 2014
Pin-te Lin and Franz Fuerst
Australian National University (ANU) and University of Cambridge - Department of Land Economy

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Cointegration, Asia, Stocks, Direct real estate

57.

Flight to Quality? An Investigation of Changing Price Spreads in Commercial Real Estate Markets

Posted: 19 Apr 2011 Last Revised: 16 Jan 2015
University of Cambridge - Department of Land Economy, University of Reading - Department of Real Estate and Planning and Torto Wheaton Research

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commercial real estate cycles, risk aversion, price spreads, pricing of property attributes

58.

Eco-Labeling, Rents, Sales Prices and Occupancy Rates: Do Leed and Energy Star Labeled Offices Obtain Multiple Premia?

46th Annual AREUEA Conference Paper
Posted: 01 Dec 2010
Franz Fuerst and Patrick M. McAllister
University of Cambridge - Department of Land Economy and University of Reading - Department of Real Estate and Planning

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59.

Green Noise or Green Value? Measuring the Effects of Environmental Certification on Office Property Values

Posted: 04 Jun 2008 Last Revised: 25 Jul 2019
Franz Fuerst and Patrick M. McAllister
University of Cambridge - Department of Land Economy and University of Reading - Department of Real Estate and Planning

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Green buildings, LEED, Energy Star certification, commercial real estate, appraisal, partial equilibrium, price premium, innovation diffusion