Are global city office markets inherently unstable? This examination of office markets in major world cities analyses the flows of capital that create urban form, the nature of ownership, investment and occupation and the impact of office markets on economic stability. Towers of Capital ? office markets & international financial services explores the relationship between the evolution of major international financial centres as part of the global capital market system, the development of office markets in those cities, real estate investment in those office markets and the patterns of risk and return that result from the interactions between financial flows and office markets. Rather than focusing on just one single aspect of the relationship, Colin Lizieri sets out the interconnections between the location of financial activity, the processes operating in office markets and the volatility of real estate returns. The resulting schematic model of IFC office markets provides insights into risk and will act as a springboard for subsequent empirical work. Towers of Capital develops a framework for understanding real estate and the transformation of the built environment in financial centres, based both on the development of global capital markets and on micro-level research into the functioning of office markets. By drawing together the insights, models and ideas that address global capital flows, the evolution of city systems, office market processes and real estate finance, the book will help students and researchers in property and urban planning, investors and policy advisors to understand the linkages between the evolution of financial markets, innovation in commercial real estate markets and the dynamics of the office markets in global cities.
Product Identifiers
Publisher
John Wiley and Sons Ltd
ISBN-13
9781405156721
eBay Product ID (ePID)
94960144
Product Key Features
Author
Colin Lizieri
Publication Name
Towers of Capital: Office Markets and International Financial Services
Format
Hardcover
Language
English
Subject
Finance
Publication Year
2009
Type
Textbook
Number of Pages
344 Pages
Dimensions
Item Height
253mm
Item Width
184mm
Item Weight
762g
Additional Product Features
Title_Author
Colin Lizieri
Series Title
Real Estate Issues
Country/Region of Manufacture
United Kingdom
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