Regional Influences on Yields of Logistics Properties
- By allocating real estate investments into the logistics sector, investors highly participate in the economic development of the respective country or city. However, the submarket is very cyclical and special economic influences – such as growing online trade and new logistic networks – affect the performance of the properties. Important parameters on the potential returns are found not onlyBy allocating real estate investments into the logistics sector, investors highly participate in the economic development of the respective country or city. However, the submarket is very cyclical and special economic influences – such as growing online trade and new logistic networks – affect the performance of the properties. Important parameters on the potential returns are found not only within the real estate market, but also within the global economy and the development of specific industries. This paper aims at examining factors affecting the performance of logistics properties. Expected dependencies between macroeconomic factors and real estate economic indicators are examined for six major European logistics locations using econometric models, especially correlation and regression. Data series over a period of 25 years were used. The construction of an econometric model was an iterative process integrating both the statistical result and the economic causality.…
Dokumentart: | Artikel (Wissenschaftlicher) |
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Verfasserangaben: | Prof. Dr. habil. Steffen Metzner |
DOI (Zitierlink): | https://doi.org/10.25643/bauhaus-universitaet.3181Zitierlink |
URN (Zitierlink): | https://nbn-resolving.org/urn:nbn:de:gbv:wim2-20170516-31817Zitierlink |
Sprache: | Englisch |
Datum der Veröffentlichung (online): | 11.01.2017 |
Jahr der Erstveröffentlichung: | 2017 |
Datum der Freischaltung: | 16.05.2017 |
Veröffentlichende Institution: | Bauhaus-Universität Weimar |
Institute und Partnereinrichtugen: | Fakultät Bauingenieurwesen / Professur Betriebswirtschaftslehre im Bauwesen |
Erste Seite: | 1 |
Letzte Seite: | 14 |
Freies Schlagwort / Tag: | Forecasting; Logistics Properties; Market Analysis; Real Estate Portfolio Management; Regional factors of influence |
GND-Schlagwort: | Grundstück; Investition; Rendite; Logistik; Wirtschaft |
DDC-Klassifikation: | 300 Sozialwissenschaften |
BKL-Klassifikation: | 85 Betriebswirtschaft |
Lizenz (Deutsch): | Creative Commons 4.0 - Namensnennung (CC BY 4.0) |