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- W1492294031 abstract "Purpose – According to normative‐rational investment decision models, investors who seek office buildings should select markets which show high employment numbers in office related sectors such as Finance, Insurance, Real Estate (FIRE) and Knowledge Intensive Business Services (KIBS). This view is challenged by behavioural studies, which find that the investors' willingness for analysis and the structure of their decision‐making processes in practice notably limit such an influence. Looking at German office markets, the purpose of this paper is to explore to what extent the aforementioned connection between employment structure and market selection holds.Design/methodology/approach – Qualitative interviews with German investment experts are analysed in a manner that differentiates between investor types. Behavioural economics form a theoretical basis to identify investor type specific attitudes towards investment markets and the resulting market selection processes. The findings are tested by logistic reg..." @default.
- W1492294031 created "2016-06-24" @default.
- W1492294031 creator A5037190124 @default.
- W1492294031 date "2013-08-02" @default.
- W1492294031 modified "2023-09-27" @default.
- W1492294031 title "Office buildings in Germany" @default.
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- W1492294031 doi "https://doi.org/10.1108/jpif-10-2012-0051" @default.
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