Commercial Property Markets in Heriot Watt University, Edinburgh, UK

Commercial Property Markets in Heriot Watt University, Edinburgh

Research interests focus on the economics of property markets and investment but also assess the implications for government policy. Particular interests can be broadly classified as the spatial dimension of real estate markets, property cycles, investment and policy issues.

Research on the spatial dimension of real estate markets ranges from the internal structure of cities through to links with the macroeconomy. Papers have included topics as diverse as:

• Intra-urban rental patterns of offices and industrial property
• Office submarkets
• Differences in commercial and industrial rental trends between towns and cities
• The nature and structure of spatial industrial property markets
• Spatial variations in rental depreciation/obsolescence
• A predictive model of city office rents
• Valuation accuracy and spatial variations in the efficiency of the property market
• The role of the commercial property market in the sustainability of cities

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