An Analysis of the Determinants of Transaction Frequency of Institutional Commercial Real Estate Investment Property
研究了影响投资级物业销售频率的国家、区域和地方变量,包括物业和所有者特征,帮助机构理解市场预期和制定投资策略。
This study examines the correlation of the frequency of the sale of investment‐grade property with national, regional and local variables, including property‐ and owner‐specific characteristics. More specifically, the study identifies the primary factors that “explain” intertemporal changes in transaction frequency in the underlying properties used to develop the National Council of Real Estate Investment Fiduciaries (NCREIF) index. Understanding these factors yields important information that can be used by firms when forming market expectations and developing investment strategies.