An attribution of the return on the UK commercial property market
J.A. Schofield
Henderson Real Estate Strategy, London, UK
Permanent link to this document:
http://dx.doi.org/10.1108/09588689710190342
The literature explaining historic movements in the UK commercial property market is limited to two areas. There is a considerable literature explaining the growth in rental values. This tradition was started by Barras (Barras, 1983) and has been extended to the retail and industrial sectors (Hillier Parker, 1984, 1985) and later to the regional level (Gardiner and Henneberry, 1985). Work outside the UK is common (Heckman, 1985, Guissani et al., 1992).