The Economics of Commercial Property Markets

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Product Description

This new text provides a rigorous analysis of real estate markets. Three main sections cover:

• microeconomics of property markets








• the macroeconomics of commercial property








• the financial economics of property

Global empirical examples illustrate the theories and issues. This often complex area is made accessible: each chapter contains a boxed summary and questions for self-testing or discussion.

The Economics of Commercial Property Markets Review

At last, a real estate economics text that links together the finance, economics and planning aspects of the production of space. Most texts are so narrow and stuck in their own subject area. The authors cover demand for commercial space (offices, industrial real estate, shops), investment in real estate and the links to the wider economy. Unlike many US texts, it has a global perspective with a fine chapter on international investment. Well written, well researched, comprehensive references - this is an invaluable resource for professionals and for academics.

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