03689nam 22006135 450 991025493910332120200703012904.03-658-11170-410.1007/978-3-658-11170-0(CKB)3710000000498893(EBL)4068713(SSID)ssj0001637518(PQKBManifestationID)16395220(PQKBTitleCode)TC0001637518(PQKBWorkID)14956344(PQKB)11280508(DE-He213)978-3-658-11170-0(MiAaPQ)EBC4068713(PPN)228318262(EXLCZ)99371000000049889320151029d2016 u| 0engur|n|---|||||txtccrDevelopment of Hedonic Office Rent Indices Examples for German Metropolitan Areas /by Simon Kempf1st ed. 2016.Wiesbaden :Springer Fachmedien Wiesbaden :Imprint: Springer Gabler,2016.1 online resource (412 p.)Essays in Real Estate Research,2570-2246Description based upon print version of record.3-658-11169-0 Includes bibliographical references.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. Contents Fundamental of the Office Property Market and the Implications for Hedonic Price Indices Office Rent Determinants Hedonic Analysis of German Office Rents Development, Application and Evaluation of Hedonic Office Rent Indices Target Groups Researchers in the field of real estate management and investment Real estate developers, portfolio managers, investors, valuers, occupiers About the Author Dr. Simon Kempf wrote his dissertation at the Real Estate Management Institute (REMI) of the EBS European Business School.Essays in Real Estate Research,2570-2246Real estate managementFinanceMarket researchReal Estate Managementhttps://scigraph.springernature.com/ontologies/product-market-codes/527040Finance, generalhttps://scigraph.springernature.com/ontologies/product-market-codes/600000Market Research/Competitive Intelligencehttps://scigraph.springernature.com/ontologies/product-market-codes/513030Real estate management.Finance.Market research.Real Estate Management.Finance, general.Market Research/Competitive Intelligence.650Kempf Simonauthttp://id.loc.gov/vocabulary/relators/aut985359BOOK9910254939103321Development of Hedonic Office Rent Indices2252216UNINA