Academic profile

 

Professor Franz Fuerst is Professor of Real Estate and Urban Economics at the University of Cambridge as well a Fellow/Director of Studies at Trinity Hall, Cambridge. He also holds fellowships at the Academy of Social Sciences, the J M Keynes Fund and the Cambridge University Land Society.

 

Professor Fuerst is principal investigator on a number of international research projects and coordinates a team of doctoral and postdoctoral researchers. Previous academic posts include Associate Professor in Real Estate Economics at the University of Reading, Research Associate at the City University of New York as well as the Technical University of Berlin. Outside of academia, he worked for BNP Paribas Real Estate and was responsible for market research and consultancy services around large-scale commercial real estate portfolio transactions. Professor Fuerst is the principal author of several widely cited and award-winning studies on the pricing of sustainable features in a number of international commercial and residential markets. Most recently, he won the 2022 ARES/CoStar best paper award for his joint analysis of healthy building certifications and the 2021 Nick Tyrell Prize for his work on specialist non-listed funds with two co-authors. Previously, he was awarded the Pacific Rim Real Estate Society Best Refereed Paper Award, Latin American Real Estate Society Best Working Paper Award, the Emerald Highly Commended Paper Award, the Emerald Outstanding Paper Award and the DTZ Research Institute Best Paper Award. He is also affiliated with a number of universities and research institutions worldwide, for example as a fellow of the Thrive Research Hub at the University of Melbourne and a visiting professor at several universities. He advises businesses and government authorities on real estate related matters and serves as Co-Editor of Spatial Economic Analysis.

 

 

 

 

 

Teaching

 

RE02 - Real Estate Finance and Investment

RE03 – Real Estate Development

Paper 11 – Urban and Land Economics

 

 


 

Research interests

 

 

Professor Fuerst’s expertise and research interests are in the areas of financial and economic analysis of sustainable real estate investments, health and well-being in the built environment as well real estate and spatial analysis. His work in applied econometrics uses large sample datasets to estimate if and how the physical built environment and its measurable features shape economic and financial outcomes in the real estate market via a broad range of mediating channels such as energy consumption, occupant health and environmental risks and attitudes of stakeholders. Within this area of research, he has focussed on the impact of ESG and other green strategies and policies from both government and businesses.

    


 

Publications

 

2023

  • Akhtyrska, Y. & Fuerst, F.: The Effectiveness of Climate Change Regulations in the Commercial Real Estate Market. Energy Policy (forthcoming).
  • Li, Q., Fuerst, F., & Luca, D. (2023). Do shared E-bikes reduce urban carbon emissions? Journal of Transport Geography, 112, 103697.
  • Felici, M., & Fuerst, F. (2023). The Heterogeneous Relationship of Owner-occupied and Investment Property with Household Portfolio Choice. Journal of Housing Economics, 62, 101964.
  • ​​​​​​​Jackson T. Anderson, Franz Fuerst, Richard B. Peiser & Michael J. Seiler (2023) iBuyer’s Use of PropTech to Make Large-Scale Cash Offers, Journal of Real Estate Research, DOI: 10.1080/08965803.2023.2214467
  • Haddad, M.F.C., Blazsek, S., Arestis, P. et al. (2023). The two-component Beta-t-QVAR-M-lev: a new forecasting model. Financial Markets and Portfolio Management, DOI: 10.1007/s11408-023-00431-4
  • Fuerst, F., [with Elhorst, P...... & Yu, J.] (2023). Raising the bar (24). Spatial Economic Analysis17(2), 151-155. 18 (2), 153-157.

2022

2021

2020

2019

2018

2017

2016

2015

2014

in Y. Jin (ed), Applied Urban Modelling: Assessing Pathways towards Energy Efficient and Climate-Wise Regions. Cambridge: British Academy. Forthcoming.

2013

2012

2011

2010

2009

Online working papers

Link to the research of Dr Franz Fuerst on

 

 

 

 

Current PhD students

 

Yana Akhtyrska

Floris Blok

Xinyan Huang

Qiumeng Li

Katharina Minkow

Ramandeep Singh

 


 

Recent PhD students

 

Hassan Adan

Mark Burke

Ante Busic

Odilon Costa

Marco Felici

Michel Haddad

Jan-Otto Jandl

Donald Stevens

Nikodem Szumilo

 

 


 

Category/Classification

 

Climate Change

Energy

Economics

Modelling

Sustainability

Public Engagement

Public Policy

 


 

Research Centres

 

CRERC