Emerald Group Publishing Limited
Copyright © 2008, Emerald Group Publishing Limited
Article Type: Editorial From: Journal of European Real Estate Research, Volume 1, Issue 2
Welcome to the second issue of Journal of European Real Estate Research (JERER), the official publication of the European Real Estate Society (ERES). Issue 1 was landmark for ERES. The society is now 15 years old and, at last, it has its own journal. This was an important step forward in the evolution of ERES. Having established itself as a premier conference provider each year, it was the natural progression to establish an ERES Journal. We are very grateful to Emerald for their support and enthusiasm in publishing JERER on our behalf. Real Estate academia is growing in Europe and JERER offers a dedicated outlet for the expanding body of work that is being written on all aspects of the property profession. A number of the papers published in JERER will have won awards at the ERES conference. In 2007, the Prize-winners were as follows:
Gerald Brown Memorial Prize for the Best Paper on Indirect Property Investment, sponsored by Emerald: “The capital structure determinants of REITs. Is it a peculiar industry?” by Giacomo Morri and Christian Beretta.
IPD Prize for the Best Paper on Real Estate Portfolio Analysis: “Risk diversification in a real estate portfolio: evidence from Italian market” by Claudio Giannotti and Gianluca Mattarocci.
Grosvenor Prize for the Best Paper on Real Estate Development: “Office space supply restrictions in Britain: the political economy of market revenge” by Paul Cheshire and Christian Hilber.
RICS Award for the for the Best Paper on Housing: “Why are homeownership rates so different across Europe?” by Christian Hilber.
RICS Award for the Best Paper on Sustainability: “The impact of sustainability on the investment environment: a case study for Australia” by Anthony De Francesco and Deborah Levy.
Centre for the Study of Real Estate Brokerage and Markets, Cleveland State University Prize for the Best Paper on Real Estate Agency and Brokerage: “Negotiating office lease contracts – from a game-theoretical towards a behavioural perspective” by Dominique Pfrang and Silke Wittig.
EFG Eurobank Prize for the Best Paper on Banking and Real Estate (€1,000): “The advanced forecasting information system PYTHIA: an application in real estate time series” by Elli Pagourtzi and Spyros Makridakis, Vassilis Assimakopoulos and Akrivi Litsa.
Journal of Property Research, Prize for the Best Paper in Real Estate Economics, sponsored by Routledge: “Earthquake and the quality of life in Japan” by Michio Naoi.
The Appraisal Journal Prize for the Best Paper on Real Estate Valuation, sponsored by the Appraisal Institute Education Trust: “Standard ground value in the context of harmonisation of property valuation” by Philipp Naubereit.
ERES is very grateful to all the sponsors of the awards.