Staff
Dr Franz Fuerst
Position(s):
Reader in Housing and Real Estate Finance
Cambridge University Land Society Fellow
Contact information:
Telephone: +44 (0)1223 (3)37137
Email: ff274
Research interests:
- 'green' real estate economics
- financial analysis of sustainable investments
- portfolio and risk management
- real estate market forecasting
- spatial economics
Previous academic posts include Lecturer and later Reader in Real Estate Economics at University of Reading (2007-2011), Research Associate at the Graduate Center of the City University of New York (2000-2005) and Lecturer at the Technical University of Berlin. He has also been a Research Fellow at IRPUD and a Visiting Scholar at York University in Toronto. Industry experience includes Senior Consultant for BNP Paribas Real Estate where his responsibilities included market research/forecasting as well as valuations and due diligence projects for commercial real estate portfolio transactions. He is also currently a Visiting Professor at the Centre for Climate Change & Real Estate, IREBS Business School.
Publications:
selected recent publications
Fuerst, F. ; Matysiak, G.A. (2012): Analyzing the Performance of Non-Listed Real Estate Funds: A Panel Data Analysis. Applied Economics.Published online.
Fuerst, F. and Grandy, A-M. (2012): Rational Expectations? Developer Behaviour and Development Cycles in the Central London Office Market. Journal of Property Investment & Finance.30/2, 58-68.
Reichardt, A.; Fuerst, F.; Rottke, N.; Zietz, J. (2012): Sustainable Building Certification and the Rent Premium: A Panel Data Approach. Journal of Real Estate Research. 34/1, 99-126.
Fuerst, F. ; McAllister, P. (2011): The Impact of Energy Performance Certificates on the Rental and Capital Values of Commercial Property Assets. Energy Policy, 39/10, 6608-6614.
Fuerst, F., McAllister, P. (2011): Eco-Labeling, Rents, Sales Prices and Occupancy Rates: Do LEED and Energy Star Labeled Offices Obtain Multiple Premiums? Ecological Economics. 70/6, 1220-1230.
Fuerst, F., McAllister,P., van de Wetering, J. and Wyatt, P. (2011) Measuring the financial performance of green buildings in the UK commercial property market: Addressing the data issues. Journal of Financial Management of Property and Construction . 16/2, 163 - 185
Fuerst, F.; Gross, S.; Klose, U. (2011): The Sky is the Limit? - The Determinants and Constraints of European Airports' Commercial Revenues. Journal of Air Transport Management.17/5, 278-83.
Fuerst, F., McAllister, P., Murray, C (2011): Designer Buildings: An Evaluation of the Economic Value of Signature Architecture. Environment and Planning A , 43/1, 166-184.
Fuerst, F.and McAllister, P. (2011): Green Noise or Green Value? Measuring the Effects of Environmental Certification on Office Values. Real Estate Economics. 39/1, 1-25.
Fuerst, F., McAllister, P., Wyatt, P., van de Wetering, J. (2010): Establishing a Data Framework for Measuring the Price Effects of Eco-certification. RICS Research Report.
Fuerst, F. and McAllister, P. (2010): Supply Elasticities and Development Oscillations: a Study of European Office Markets. Journal of European Real Estate Research. 3/1, 5-23.
Fuerst, F. and McAllister, P. (2010): What is the Effect of Eco-Labeling on Office Occupancy Rates in the USA? RICS FiBRE Series, January 2010.
Fuerst, F. and Marcato, G. (2009): Style Analysis in Real Estate Markets: Beyond the Sectors and Regions Dichotomy. Journal of Portfolio Management, 35/5, 104-117
Fuerst, F. (2009): Building Momentum: An Analysis of Investment Trends in LEED and Energy-Star-Certified Properties. Journal of Retail and Leisure Property, Vol. 8/4.
Fuerst, F.and McAllister, P. (2009): An Investigation of the Effect of Eco-Labeling on Office Occupancy Rates. Journal of Sustainable Real Estate, 1/1, 49-64.
Fuerst, F. (2009): .Defining the Scope of Real Estate Management: A Comparison of International Practices and Standards. Real Estate Review, 38/1.
Fuerst, F. and Matysiak, G. (2008): Drivers of Fund Performance: A Panel Data Analysis. INREV Quarterly Research Report, September 2008.
Online working papers
Link to the research of Dr Franz Fuerst on the Social Science Research Network: http://ssrn.com/author=377440 and on IDEAS/RePEc: http://ideas.repec.org/e/pfu29.html