Essays about: "Rickard Blomdahl"

Found 1 essay containing the words Rickard Blomdahl.

  1. 1. Property Capitalization Rates and Investor Rationality in Stockholm

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : Rickard Blomdahl; Adam Lewenhaupt; [2006]
    Keywords : Real Estate; Property; Capitalization Rates; Investor Rationality; Mean reversion;

    Abstract : We have established that real rents for office contracts in the Stockholm Central Business District are mean reverting. Do investors realize that mean reversion actually exists and have they managed to incorporate this development into capitalization rates? In order to examine this question we have applied a model constructed by Hendershott and MacGregor to Swedish property data linking property capitalization rates to both future real rental growth and the stock market. READ MORE