hig.sePublikasjoner
Endre søk
RefereraExporteraLink to record
Permanent link

Direct link
Referera
Referensformat
  • apa
  • harvard-cite-them-right
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Annet format
Fler format
Språk
  • sv-SE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • de-DE
  • Annet språk
Fler språk
Utmatningsformat
  • html
  • text
  • asciidoc
  • rtf
Implicit Forward Rents as Predictors of Future Rents
Högskolan i Gävle, Institutionen för ekonomi, Ämnesavdelningen för företagsekonomi.
2004 (engelsk)Inngår i: Real estate economics (Print), ISSN 1080-8620, E-ISSN 1540-6229, Vol. 32, nr 2, s. 183-215Artikkel i tidsskrift (Fagfellevurdert) Published
Abstract [en]

This paper investigates the relation between the term structure of rents and future spot rents. A rich database of office rental agreements for various maturities is used to estimate the term structure of rents, and from this structure implicit forward rents are extracted. The data pertain to commercial properties in the three largest Swedish cities for the period 1998-2002. A positive relation between forward and spot rents is found in some regions, but forward rents underestimate future rent levels. Another contribution of the paper lies in the area of rental index construction. We provide evidence that rental indices should not only be quality constant (i.e., control for characteristics), but should also be maturity constant.

sted, utgiver, år, opplag, sider
2004. Vol. 32, nr 2, s. 183-215
Identifikatorer
URN: urn:nbn:se:hig:diva-1302DOI: 10.1111/j.1080-8620.2004.00089.xISI: 000221701100002OAI: oai:DiVA.org:hig-1302DiVA, id: diva2:117964
Tilgjengelig fra: 2008-08-27 Laget: 2008-08-27 Sist oppdatert: 2018-03-13bibliografisk kontrollert

Open Access i DiVA

Fulltekst mangler i DiVA

Andre lenker

Forlagets fulltekst

Personposter BETA

Söderberg, Bo

Søk i DiVA

Av forfatter/redaktør
Söderberg, Bo
Av organisasjonen
I samme tidsskrift
Real estate economics (Print)

Søk utenfor DiVA

GoogleGoogle Scholar

doi
urn-nbn

Altmetric

doi
urn-nbn
Totalt: 39 treff
RefereraExporteraLink to record
Permanent link

Direct link
Referera
Referensformat
  • apa
  • harvard-cite-them-right
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Annet format
Fler format
Språk
  • sv-SE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • de-DE
  • Annet språk
Fler språk
Utmatningsformat
  • html
  • text
  • asciidoc
  • rtf