Economics of Commercial Property Markets

<p>This new text provides a rigorous analysis of real estate markets. Three main sections cover:</p><ul> <p> </p> <li>microeconomics of property markets </li> <p> </p> <li>the macroeconomics of commercial property </li> <p> </p> <li>the financial economics of property</li> </ul><p>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.</p> <p><strong>Part 1: Introduction.</strong> Prologue 1. Introduction <strong>Part 2: The Micro Economics of Property Markets</strong> 2. The Consumption of Commercial Property 3. The Location of Commercial Property 4. The Production of Commercial Property 5. Rent in the Commercial Property Market <strong>Part 3: The Macroeconomics of Commercial Property</strong> 6. Property Macroeconomics 7. Short Cycles in Property Markets 8. Short Term Property Forecasting 9. Property Investment and Economic Growth <strong>Part 4: The Financial Economics of Property</strong> 10. Property Assets and Investment Vehicles 11. Valuation, Pricing and Performance Measurement 12. Indirect Investment, Finance and Funding of Property 13. International Property Markets <strong>Part 5: Conclusions</strong> 14. Conclusions</p>