Authors:
- Publication in the field of economic sciences
- Includes supplementary material: sn.pub/extras
Part of the book series: Essays in Real Estate Research (ERER)
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Table of contents (7 chapters)
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Front Matter
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Back Matter
About this book
Simon Kempf has developed hedonic (quality-adjusted) office rent indices for German metropolitan areas. His study explores new territory as it constructs, for the first time, such indices for Germany. The author thereby has taken into account the different qualities of the underlying lease contracts regarding location factors, lease factors, building factors, equipment and layout factors of the office rental unit – using more than 22,005 office lease contracts stored in the Rental Databank of IPD GmbH in Wiesbaden. This hedonic index construction methodology is well known among real estate researchers and statisticians, but it has been mainly used in the residential sector. As a second novelty the multiple imputation method in the statistical analysis to solve the problem of missing data is employed. Quality-adjusted office rent indices serve as market and economic indicators as well as a bench-marking instrument.
Authors and Affiliations
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Real Estate Management Institute, EBS Business School, Wiesbaden, Germany
Simon Kempf
About the author
Dr. Simon Kempf wrote his dissertation at the Real Estate Management Institute (REMI) of the EBS European Business School.
Bibliographic Information
Book Title: Development of Hedonic Office Rent Indices
Book Subtitle: Examples for German Metropolitan Areas
Authors: Simon Kempf
Series Title: Essays in Real Estate Research
DOI: https://doi.org/10.1007/978-3-658-11170-0
Publisher: Springer Gabler Wiesbaden
eBook Packages: Business and Management, Business and Management (R0)
Copyright Information: Springer Fachmedien Wiesbaden 2016
Hardcover ISBN: 978-3-658-11169-4Published: 09 November 2015
Softcover ISBN: 978-3-658-14083-0Published: 23 August 2016
eBook ISBN: 978-3-658-11170-0Published: 29 October 2015
Series ISSN: 2570-2246
Series E-ISSN: 2570-2254
Edition Number: 1
Number of Pages: XLIII, 371
Number of Illustrations: 62 b/w illustrations
Topics: Real Estate Management, Finance, general, Market Research/Competitive Intelligence