This work is motivated by the research gap evident in the area of forecasting models for the German office market. Since rent, price, or yield forecasting research is mainly done by commercially oriented organizations, this work delivers an examination from a scientific point of view. In this context, the focus is set on an empirical investigation of several rent and total yield forecasting models for nine major German cities. Their applicability and performance is analyzed and city- as well as forecasting-horizonspecific patterns are determined and interpreted.
KeywordsMultivariate Regression Model Forecast Horizon Yield Forecast Office Market Rent Level
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