001448864 000__ 05531cam\a2200469\i\4500 001448864 001__ 1448864 001448864 003__ OCoLC 001448864 005__ 20230310004300.0 001448864 006__ m\\\\\o\\d\\\\\\\\ 001448864 007__ cr\un\nnnunnun 001448864 008__ 220823s2022\\\\sz\a\\\\ob\\\\001\0\eng\d 001448864 020__ $$a9783031009686$$q(electronic bk.) 001448864 020__ $$a3031009681$$q(electronic bk.) 001448864 020__ $$z9783031009679 001448864 0247_ $$a10.1007/978-3-031-00968-6$$2doi 001448864 035__ $$aSP(OCoLC)1341845913 001448864 040__ $$aGW5XE$$beng$$erda$$epn$$cGW5XE$$dOCLCF$$dUKAHL$$dOCLCQ 001448864 049__ $$aISEA 001448864 050_4 $$aHD1382.5 001448864 08204 $$a332.63/24$$223/eng/20220823 001448864 1001_ $$aJones, Colin A.$$eauthor. 001448864 24510 $$aReal estate investment :$$btheory and practice /$$cColin A. Jones, Edward Trevillion. 001448864 264_1 $$aCham :$$bPalgrave Macmillan,$$c2022. 001448864 300__ $$a1 online resource (xviii, 317 pages) :$$billustrations (some color) 001448864 336__ $$atext$$btxt$$2rdacontent 001448864 337__ $$acomputer$$bc$$2rdamedia 001448864 338__ $$aonline resource$$bcr$$2rdacarrier 001448864 504__ $$aIncludes bibliographical references and index. 001448864 5050_ $$aPART 1:- The Real Estate Sector -- Chapter 1:-Introduction -- Chapter 2:-Principles of Investment -- Chapter 3:-Macroeconomy and Real Estate Cycles -- PART 2:-Real Estate Investment -- Chapter 4:-Characteristics of Real Estate Investment -- Chapter 5:-Investors -- 6:-Market Efficiency and Asset Pricing -- 7:-Portfolio Theory -- Chapter 8:-Portfolio Management -- Chapter 9:-International Investment -- PART 3:-Developing Real Estate Paradigms -- Chapter 10:-State Intervention and Implications for Investment -- Chapter 11;-Investment Consequences of Changing Occupier Needs and Obsolescence -- Chapter 12:-Real Estate Opportunities and Challenges -- PART 4:-Final thoughts -- Potential dissertation topics. . 001448864 506__ $$aAccess limited to authorized users. 001448864 520__ $$aThis textbook, aimed at undergraduate and postgraduate real estate programmes, provides an overview of real estate investment and pricing in a global context with special attention to the diversification of asset types in three parts. Designed as a successor to Will Fraser's successful student-led investment book, Principles of Property Investment and Pricing, it encompasses the microeconomics of real estate markets and context alongside pricing failures of real estate highlighted by the impact of the global financial crisis, especially with regard to irrationality and risk. Part 1 focuses on the microeconomics of the real estate sector, covering the complex nature of real estate and the consequences for economic analysis and the operation of the market, the underlying essential processes and principles of real estate investment decision making, including a pricing model, and the significance of real estate cycles and why they occur. Part 2 begins with the characteristics of real estate as an investment, differentiated between direct and indirect investment, and making comparisons with alternative stock market assets, then examines real estate investors and their objectives, including financial institutions, REITs and other indirect vehicles. Additionally, it sets out the frameworks within which real estate investment decisions are made in relation to other investments and focuses on decision-making processes and the practicalities of performance measurement. Emerging real estate debates are discussed in Part 3. These chapters are primarily forward-looking to the implications and challenges for real estate investment, including the consequences of recent aspects of regulation, changes to occupier demand, partly driven by technology but also sustainability pressures, the logic and difficulties of international investment, with a particular focus on emerging markets. Colin Jones is an economist who has been a professor at Heriot-Watt University since 1998. He formerly worked at the Universities of Manchester, Glasgow and the West of Scotland. His research interests span commercial, industrial and housing market economics, investment and policy together with the macroeconomy and local economic development. He has also taken an interest in the property markets of developing countries. Colin has a long experience of teaching real estate investment at undergraduate and postgraduate levels, and formerly designed and been director of the Heriot-Watt real estate postgraduate programmes. Edward Trevillion is Honorary Professor of Real Estate Investment and Finance at Heriot-Watt University in Edinburgh. He has had wide experience of both academic and market-based research and has held posts as Head of Real Estate Research and Strategy at Scottish Widows Investment Partnership (SWIP, now part of abdrn, formerly Standard Life Aberdeen plc) and Head of Property Research for GVA in Scotland. He is particularly interested in developing adaptive models that take account of changing property market structures. Until recently he was course leader for Heriot-Watt's Real Estate Investment Analysis course -- part of the Master's real estate programme. 001448864 588__ $$aOnline resource; title from PDF title page (SpringerLink, viewed August 23, 2022). 001448864 650_0 $$aReal estate investment. 001448864 650_0 $$aReal estate business. 001448864 655_0 $$aElectronic books. 001448864 7001_ $$aTrevillion, Edward,$$eauthor. 001448864 852__ $$bebk 001448864 85640 $$3Springer Nature$$uhttps://univsouthin.idm.oclc.org/login?url=https://link.springer.com/10.1007/978-3-031-00968-6$$zOnline Access$$91397441.1 001448864 909CO $$ooai:library.usi.edu:1448864$$pGLOBAL_SET 001448864 980__ $$aBIB 001448864 980__ $$aEBOOK 001448864 982__ $$aEbook 001448864 983__ $$aOnline 001448864 994__ $$a92$$bISE