Journal of Property Investment & Finance: Volume 29 Issue 3


Table of contents - Special Issue: The Greek property market

Guest Editors: Nicholas Chatzitsolis

Spatial effects of the property sector investment on Greek economic growth

Nikos Benos, Stelios Karagiannis, Prodromos Vlamis

The aim of this paper is to identify the importance of property sector investment in regional economic growth in Greece.


How GAAP and accounting treatments influence property management

Konstantinos J. Liapis, Elena P. Christodoulopoulou

The purpose of this study is to identify how different Generally Accepted Accounting Principles (GAAP) influence property management. The study is based on two basic accounting…


A new evaluation procedure in real estate projects

Konstantinos J. Liapis, Manolis S. Christofakis, Harris G. Papacharalampous

The main purpose of this paper is the formulation of an integrated procedure for the evaluation of real estate investments.


Seasonal and spatial hedonic price indices

Anastassios N. Karaganis

This paper aims to deal with the construction of seasonal price indices for the housing market, based on Rosen's hedonic equations and using spatial econometric autoregression…

Valuing in the downturn: understanding uncertainty

Nick French

In the last ten years, there has been much debate about the veracity and certainty of valuations. However, this academic analysis was not mirrored in the profession as the…


Property risk premia and deferment rates

James Wyatt

All property valuation is based on comparative analysis to determine the relevant discount rates. However, this implicit approach fails to recognise the difference in risk between…

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  • Nick French