Skip to main content

Forecasting and Research

  • Chapter
Property Investment

Part of the book series: Macmillan Building and Surveying Series ((BASS))

  • 112 Accesses

Abstract

In their report on commercial property in the UK economy, Currie and Scott (1991) concluded that commercial property represented an important sector of the economy and had a major influence on the rest of the economy. They were surprised that despite this importance, property received relatively little attention from economic commentators and policymakers. A key conclusion of the report was that the current state of statistics in the sector was poor for commercial property, a situation which contrasted with the level of statistical data in the private housing market which was well documented. A number of various areas of research are now being developed. Areas of research sponsored by the RICS include the relationship of property cycles to business cycles. In addition, interest has been created by the opening of Eastern Europe and the property markets in that region. In terms of valuation principles and methods, further research has continued into portfolio investment and the development of existing appraisal methods which are dealt with in more detail below.

This is a preview of subscription content, log in via an institution to check access.

Access this chapter

Institutional subscriptions

Preview

Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.

References

  • Antui, A. (1995) ‘Multiple Regression in Property Analysis’, Estates Gazette, 11 February, pp. 144–6.

    Google Scholar 

  • Brown, G.R. (1991) Property Investment and the Capital Markets, E. & F.N. Spon, London.

    Google Scholar 

  • Brown, G.R. (1995) ‘Editorial’, Journal of Property Finance, vol. 6, no. 1, pp. 3–4.

    Google Scholar 

  • Byrne, P. and Lee, S. (1994) ‘Computing Markowitz Efficient Frontiers using a Spreadsheet Optimiser’, Journal of Property Finance, vol. 5, no. 1, pp. 58–66.

    Article  Google Scholar 

  • Colborne, A. (1992) ‘Profits Method’, paper presented at RICS valuation techniques seminar, 13 March 1992.

    Google Scholar 

  • Connellan, O. (1992) ‘Cost Approach to Valuation’, paper presented at RICS valuation techniques seminar, 13 March 1992.

    Google Scholar 

  • Crosby, N. (1992) Reversionary Freeholds: UK Market Valuation Practice, RICS.

    Google Scholar 

  • Currie, D. and Scott, A. (1991) The Place of Commercial Property in the UK Economy, London Business School, January.

    Google Scholar 

  • Dixon, T. (1994) ‘The Benefits of Property Research’, Chartered Surveyor Monthly, November/December, pp. 28–9.

    Google Scholar 

  • Dubben, N. and Sayce, S. (1991) Property Portfolio Management: An Introduction, Routledge, London.

    Google Scholar 

  • Fairchild, S. (1992) ‘Methods of Portfolio Analysis: A Critical Review’, Conference paper, The Theory and Practice of Portfolio Analysis, RICS, 23 October.

    Google Scholar 

  • Gallimore, P. and West, R. (1992) ‘Statistical Techniques: Time for Reassessment’, Estates Gazette, 26 September, pp. 143–4.

    Google Scholar 

  • Guy, S. and Harris, R. (1994) ‘Property in a Risk Society: Towards Marketing Research’, Presentation: New Directions Series, Society of Property Researchers, RICS, 5 October.

    Google Scholar 

  • Hetherington, J. (1989) ‘Econometrics — A Route to Forecasting’, Seminar paper: The Application of Forecasting Techniques to the Property Market, Society of Property Researchers/Royal Institution of Chartered Surveyors Technical Seminars, Spring.

    Google Scholar 

  • Isaac, D. (1994) Property Finance, Macmillan, London.

    Google Scholar 

  • Lee, S.L. (1991) ‘Emerging Concepts for the Management of Portfolios and the Role of Research’, Conference paper: Property in a Portfolio Context, Society of Property Researchers/Royal Institution of Chartered Surveyors Technical Seminars, Spring.

    Google Scholar 

  • Lizieri, C. and Richards, P. (1992) ‘Property Research: Investment’, Estates Gazette, 11 January, pp. 77 and 103.

    Google Scholar 

  • Matysiak, G. A. (1993) ‘Optimising Property Portfolio Holding: A Scenario-Assisted Approach’, Journal of Property Finance, vol. 3, nos. 3/4, pp. 68–75.

    Google Scholar 

  • Pearce, B. (1989) ‘Forecasting: An Overview’, Seminar paper: The Application of Forecasting Techniques to the Property Market, Society of Property Researchers/Royal Institution of Chartered Surveyors Technical Seminars, Spring.

    Google Scholar 

  • Property Week (1994) ‘JLW Review Reveals Most Positive Business Confidence Since 1989’, Property Week, 21 April 1994, p. 10.

    Google Scholar 

  • SPR/RICS (1991) Property in a Portfolio Context, Society of Property Researchers/Royal Institution of Chartered Surveyors Technical Seminars, Spring.

    Google Scholar 

Download references

Author information

Authors and Affiliations

Authors

Copyright information

© 1998 David Isaac

About this chapter

Cite this chapter

Isaac, D. (1998). Forecasting and Research. In: Property Investment. Macmillan Building and Surveying Series. Palgrave, London. https://doi.org/10.1007/978-1-349-14468-6_14

Download citation

  • DOI: https://doi.org/10.1007/978-1-349-14468-6_14

  • Publisher Name: Palgrave, London

  • Print ISBN: 978-0-333-69314-8

  • Online ISBN: 978-1-349-14468-6

  • eBook Packages: EngineeringEngineering (R0)

Publish with us

Policies and ethics