This paper provides the first credible evidence on the economic value of “green buildings”
derived from impersonal market transactions rather than engineering estimates. We analyze …

Presenting the essential concepts, principles, and tools for the analysis of commercial real
estate, this real estate text provides you with the tools you need to understand real estate …

… This paper builds on our earlier research (Eichholtz, Kok, & Quigley, 2010), in … just slightly
(though insignificantly) smaller as those reported in Eichholtz et al. (2010).The value of energy …

Attention to ‘sustainability’ and energy efficiency rating schemes in the commercial property
sector has increased rapidly during the past decade. In the UK, commercial properties have …

Real estate investment trusts (REITs) offer a natural experiment in corporate governance
due to the fact that they leave little free cash flow for management, which reduces agency …

… For the subsamples, we found p-values to be higher than for the full period; thus, the …
We also found that p-values were higher for the second than for the first subperiod. When …

This article introduces a biennial historic index of real estate values for the period 1628 through
1973. This index is based on the transactions of the buildings on the Herengracht, one of …

… # o f C e r t i f i e d Pr o p e r t i e s i t g # o f Pr o p e r t i e s i t × 100 (2) S q f t _ C e r t i f i e d
i t g = ∑ l S q f t o f C e r t i f i e d Pr o p e r t y i l t g ∑ l S q f t o f Pr o p e r t y i l t × 100 where i …

This paper examines the long‐run relation between prices and rents for houses in Amsterdam
from 1650 to 2005. We estimate the deviation of house prices from fundamentals and find …

This paper examines the impact of option trading on individual investor performance. The
results show that most investors incur substantial losses on their option investments, which are …