05259nam 2200721Ia 450 991013987400332120170810175138.01-282-30242-697866123024281-4443-2090-41-4443-1940-X(CKB)1000000000807314(EBL)470623(OCoLC)472433336(SSID)ssj0000343826(PQKBManifestationID)11263657(PQKBTitleCode)TC0000343826(PQKBWorkID)10292250(PQKB)10976091(MiAaPQ)EBC470623(EXLCZ)99100000000080731420081216d2009 uy 0engur|n|---|||||txtccrTowers of capital[electronic resource] office markets & international financial services /Colin Lizieri1st ed.Ames, Iowa Blackwell Pub.20091 online resource (346 p.)Real estate issuesDescription based upon print version of record.1-4051-5672-4 Includes bibliographical references and index.Towers of Capital; About the Author; Introduction; Part I Systems of Cities and Cities of Finance; Introduction; Chapter 1 The Urban Hierarchy and Global Cities; 1.1 Introduction; 1.2 Cities and the urban hierarchy; 1.3 World cities, global cities; 1.4 Cities, space and finance; Chapter 2 International Financial Centres and Global Cities; 2.1 Introduction; 2.2 Concentration in financial centres; 2.3 Information technology and cities; 2.4 Agglomeration and concentration; 2.5 IFCs, concentration and office marketsChapter 3 A Sense of History: Development and Inertia in the International Financial Hierarchy3.1 Introduction; 3.2 A sense of history; 3.3 'The age of catastrophe'; 3.4 Asian and Middle Eastern markets; 3.5 Lessons of history: a tentative conclusion; Part II Inside the Office Market; Introduction; Chapter 4 Occupational Demand, Office Space and Rents; 4.1 Introduction; 4.2 Land value, land rent and financial services; 4.3 Rent models and rental adjustment; 4.4 Empirical evidence of rental adjustment processes in major office markets4.5 Changing business practices and the demand for office space4.6 Employment, volatility and the use of space; Chapter 5 The Supply of Space; 5.1 Developers, development cycles and research; 5.2 Development, building costs and property value; 5.3 Economic models and developer behaviour; 5.4 Real options and developer strategies; Chapter 6 Investment, Capital Flows and the Office Market; 6.1 Introduction; 6.2 Real estate in the portfolio; 6.3 Investment patterns and investor behaviour; 6.4 Real estate vehicles and the portfolio; 6.5 International real estate investment6.6 Real estate capital flows6.7 Investment, capital flows and IFC office markets; Part III International Finance, Global Office Markets and Systemic Risk; Introduction; 7.1 Introduction; Chapter 7 Booms, Bubbles, Crises and Contagion; 7.2 Financial markets, co-movement and crises; 7.3 Booms and bubbles; 7.4 Real estate in booms and bubbles; 7.5 Bubbles, crashes and IFC office markets; Chapter 8 Globalisation, Ownership and Innovation in Real Estate Markets; 8.1 Introduction: innovation in real estate investment and ownership; 8.2 Innovation in property investment vehicles8.3 Global real estate investment8.4 Ownership patterns; 8.5 Conclusions: innovation, ownership andreal estate risk in IFCs; Chapter 9 Global Financial Centres,Real Estate and Risk; 9.1 Introduction; 9.2 Retracing the threads; 9.3 Market integration, globalisation and systemic risk; 9.4 Some preliminary evidence; 9.5 Global fi nancial centres and offi ce market risk: somepolicy implicationsThis final section addresses a number of cruci; Epilogue; Bibliography; IndexAre global city office markets inherently unstable? This examination of office markets in major world cities analyses the flows of capital that create urban form, the nature of ownership, investment and occupation and the impact of office markets on economic stability. Towers of Capital - office markets & international financial services explores the relationship between the evolution of major international financial centres as part of the global capital market system, the development of office markets in those cities, real estate investment in those office markets and the paReal Estate IssuesOfficesOffice buildingsCommercial real estateFinancial institutions, InternationalInternational financeElectronic books.Offices.Office buildings.Commercial real estate.Financial institutions, International.International finance.332.042332/.042Lizieri Colin631516MiAaPQMiAaPQMiAaPQBOOK9910139874003321Towers of capital1911278UNINA