did-you-know? rent-now

Amazon no longer offers textbook rentals. We do!

did-you-know? rent-now

Amazon no longer offers textbook rentals. We do!

We're the #1 textbook rental company. Let us show you why.

9780230507586

International Real Estate Economics

by ; ;
  • ISBN13:

    9780230507586

  • ISBN10:

    0230507581

  • Format: Paperback
  • Copyright: 2010-03-15
  • Publisher: Palgrave Macmillan
  • Purchase Benefits
  • Free Shipping Icon Free Shipping On Orders Over $35!
    Your order must be $35 or more to qualify for free economy shipping. Bulk sales, PO's, Marketplace items, eBooks and apparel do not qualify for this offer.
  • eCampus.com Logo Get Rewarded for Ordering Your Textbooks! Enroll Now
List Price: $61.99 Save up to $9.37
  • Digital
    $52.62
    Add to Cart

    DURATION
    PRICE

Supplemental Materials

What is included with this book?

Summary

As the real estate market becomes increasingly international, it is essential to understand how specific national markets operate and relate to one another. The authors identify and explain the similarities and differences observed across different markets, providing a framework to explain how these diverse national markets converge.

Author Biography

GEOFFREY KEOGH is Honorary Reader in Property, University of Aberdeen
and a freelance lecturer and researcher. PIYUSH TIWARI is Senior Lecturer in Property at the University of Aberdeen Business School. He is Director of the Asian Real Estate Society and Associate Editor of the International Real Estate Review. MICHAEL WHITE is Senior Lecturer in Property at the University of Aberdeen Business School.

Table of Contents

List of Figuresp. ix
List of Tablesp. xi
Acknowledgementsp. xiii
Contextualising International Real Estate Marketsp. 1
Introductionp. 1
Overview of international real estate marketsp. 5
Challenges facing international real estatep. 10
Interlinkages between real estate and economic forcesp. 12
Aim and structure of the bookp. 15
Theorising International Real Estate 1p. 17
Introductionp. 17
International goods and capital flowsp. 18
Theoretical models of tradep. 22
Dunning Eclectic Paradigmp. 33
Porter's model of competitive advantage of nationsp. 37
International real estate activity and trade modelsp. 40
Conclusionp. 44
Theorising International Real Estate 2p. 45
Introductionp. 45
Theories of finance and investmentp. 45
Explaining international financial flowsp. 51
Direct real estate investment in multi-asset portfoliosp. 51
Direct real estate investment in real estate-only portfoliosp. 52
Indirect real estate investment in multi-asset portfoliosp. 53
Indirect real estate investment in real estate-only portfoliosp. 54
International real estate returnsp. 55
Institutional contextp. 56
Conclusionp. 60
Property Market Activityp. 61
Introductionp. 61
Size of property marketp. 63
Use marketp. 65
Investment marketp. 72
Investor profilep. 77
Developmentp. 80
Financing of propertyp. 82
Conclusionsp. 85
Institutions in Real Estate Service Provisionp. 87
Introductionp. 87
New institutional economicsp. 88
Professional business servicesp. 90
Real estate service providers and business culturesp. 93
Relationships between local markets and international real estate companiesp. 100
Conclusionsp. 103
European Real Estate Marketsp. 105
Introductionp. 105
Current market performancep. 107
Market institutions and characteristicsp. 109
International real estate investment in Europep. 119
Eastern European real estate marketsp. 120
Conclusionsp. 124
Property Markets in Asia-Pacificp. 127
Introductionp. 127
Economic contextp. 128
Globalisation and its impact on Asia-Pacificp. 131
Globalisation and urban transformation of the Asia-Pacific regionp. 137
Current property market performancep. 143
Market institutions and characteristicsp. 146
International property investment in Asia-Pacificp. 155
Conclusionsp. 155
Real Estate Markets in North Americap. 157
Introductionp. 157
Investors and investment mechanisms in North American real estatep. 158
Real estate investment trusts (REITs) and mutual fund trusts (MFTs)p. 160
Trends in North American real estate marketsp. 164
Real estate markets and the macroeconomyp. 168
Conclusionsp. 169
Property Markets in Latin Americap. 171
Introductionp. 171
Institutional development in Latin Americap. 175
Current property market performancep. 177
Market maturityp. 180
Property investmentp. 182
Conclusionsp. 183
Towards an Internationalised Real Estate Marketp. 185
Introductionp. 185
From national to international real estate marketsp. 187
Implications of internationalisation for occupiers, investors and developersp. 190
Future directionsp. 191
Notesp. 197
Referencesp. 199
Indexp. 207
Table of Contents provided by Ingram. All Rights Reserved.

Supplemental Materials

What is included with this book?

The New copy of this book will include any supplemental materials advertised. Please check the title of the book to determine if it should include any access cards, study guides, lab manuals, CDs, etc.

The Used, Rental and eBook copies of this book are not guaranteed to include any supplemental materials. Typically, only the book itself is included. This is true even if the title states it includes any access cards, study guides, lab manuals, CDs, etc.

Rewards Program