National economic trends, market size and city growth effects on European office rents

Anthony McGough, Eamonn D'Arcy, Sotiris Tsolacos

Research output: Contribution to journalArticlepeer-review

23 Citations (Scopus)

Abstract

This paper extends existing research on European office markets. Using a time-series cross-sectional methodology it examines the influence on office rents in 22 European cities of national economic conditions, market size and measures of economic growth and change in the city economy over the period 1982-94. The results demonstrate the significance of national real GDP changes and real interest rates in explaining European real office rental movements. In contrast, market size and city growth effects appear to have an insignificant impact on office rents.
Original languageEnglish
Pages (from-to)297-308
Number of pages12
JournalJournal of Property Research
Volume14
Issue number4
Early online date1 Oct 1997
DOIs
Publication statusPublished (in print/issue) - 7 Feb 2011

Keywords

  • European Office Rents
  • Time-series Cross-sectional Analysis

Fingerprint

Dive into the research topics of 'National economic trends, market size and city growth effects on European office rents'. Together they form a unique fingerprint.

Cite this