Essays in Real Estate Research

Development of Hedonic Office Rent Indices

Examples for German Metropolitan Areas

Authors: Kempf, Simon

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  • Publication in the field of economic sciences

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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. 

About the authors

Dr. Simon Kempf wrote his dissertation at the Real Estate Management Institute (REMI) of the EBS European Business School.

 

Table of contents (7 chapters)

Table of contents (7 chapters)

Buy this book

eBook $69.99
price for USA (gross)
  • ISBN 978-3-658-11170-0
  • Digitally watermarked, DRM-free
  • Included format: PDF
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover $149.99
price for USA
  • ISBN 978-3-658-11169-4
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
Softcover $89.99
price for USA
  • ISBN 978-3-658-14083-0
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.

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Bibliographic Information

Bibliographic Information
Book Title
Development of Hedonic Office Rent Indices
Book Subtitle
Examples for German Metropolitan Areas
Authors
Series Title
Essays in Real Estate Research
Copyright
2016
Publisher
Gabler Verlag
Copyright Holder
Springer Fachmedien Wiesbaden
eBook ISBN
978-3-658-11170-0
DOI
10.1007/978-3-658-11170-0
Hardcover ISBN
978-3-658-11169-4
Softcover ISBN
978-3-658-14083-0
Series ISSN
2570-2246
Edition Number
1
Number of Pages
XLIII, 371
Number of Illustrations
62 b/w illustrations
Topics