LEADER 05259nam 2200721Ia 450 001 9910139874003321 005 20170810175138.0 010 $a1-282-30242-6 010 $a9786612302428 010 $a1-4443-2090-4 010 $a1-4443-1940-X 035 $a(CKB)1000000000807314 035 $a(EBL)470623 035 $a(OCoLC)472433336 035 $a(SSID)ssj0000343826 035 $a(PQKBManifestationID)11263657 035 $a(PQKBTitleCode)TC0000343826 035 $a(PQKBWorkID)10292250 035 $a(PQKB)10976091 035 $a(MiAaPQ)EBC470623 035 $a(EXLCZ)991000000000807314 100 $a20081216d2009 uy 0 101 0 $aeng 135 $aur|n|---||||| 181 $ctxt 182 $cc 183 $acr 200 10$aTowers of capital$b[electronic resource] $eoffice markets & international financial services /$fColin Lizieri 205 $a1st ed. 210 $aAmes, Iowa $cBlackwell Pub.$d2009 215 $a1 online resource (346 p.) 225 0 $aReal estate issues 300 $aDescription based upon print version of record. 311 $a1-4051-5672-4 320 $aIncludes bibliographical references and index. 327 $aTowers 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 markets 327 $aChapter 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 markets 327 $a4.5 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 investment 327 $a6.6 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 vehicles 327 $a8.3 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; Index 330 $aAre global city office markets inherently unstable? This examination of office markets in major world cities analyses the flows of capital that create urban form, the nature of ownership, investment and occupation and the impact of office markets on economic stability. Towers of Capital - office markets & international financial services explores the relationship between the evolution of major international financial centres as part of the global capital market system, the development of office markets in those cities, real estate investment in those office markets and the pa 410 0$aReal Estate Issues 606 $aOffices 606 $aOffice buildings 606 $aCommercial real estate 606 $aFinancial institutions, International 606 $aInternational finance 608 $aElectronic books. 615 0$aOffices. 615 0$aOffice buildings. 615 0$aCommercial real estate. 615 0$aFinancial institutions, International. 615 0$aInternational finance. 676 $a332.042 676 $a332/.042 700 $aLizieri$b Colin$0631516 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910139874003321 996 $aTowers of capital$91911278 997 $aUNINA