Advanced search
Publication Cover
Journal of Real Estate Literature Volume 11, 2003 - Issue 3
Submit an article Journal homepage
29
Views
1
CrossRef citations to date
0
Altmetric
Research Articles

Real Estate Cycles in Germany—Causes, Empirical Analysis and Recommendations for the Management Decision Process

Nico RottkeEuropean Business School, Oestrich-Winkel, Germany
,
Martin WerneckeEuropean Business School, Oestrich-Winkel, Germany
&
Arthur, Jr Schwartz University of South Florida, Osprey, FL
Pages 325-346 | Published online: 18 Jun 2020

  • AXA Investment Managers, Institutional Quarterly, Frankfurt, January 2002.
  • Ball, M., C. Lizieri and B. D. MacGregor, The Economics of Commercial Property Markets, London, 1998. The Economics of Commercial Property Markets
  • Barras, R., A Simple Theoretical Model of the Office-Development Cycle, Environment and Planning A, 1983, 15, 1381-94. A Simple Theoretical Model of the Office-Development Cycle Environment and Planning 15 1381 94
  • Becker, K., Analyse des konjunkturellen Musters von wohnungswirtschaftlichen und gewerblich-industriellen Bauinvestitionen, In U. Teichmann, J. Wulff (Hrsg.) Wissenschaftliche Schriften zur Wohnungs, Immobilien- und Bauwirtschaft, Diss., Dortmund 1998. (Analysis of Economic Patterns of Housing and Commercial/Industrial Construction Expenditures, In Teichmann, U. and J. Wulff (Eds.), Academic series for housing-, real estate- and construction industry, Dissertation, Dortmund, Germany, 1998).
  • Beyerle, T., Zukunftstrends—Wirkungsfaktoren des deutschen Immobilienmarktes, Immobilienmanager, Mai 1999, S. 23-5. (Future Trends—Factors of the German Real Estate Market, Real Estate Manager, 1999, May, 23-5).
  • Dobberstein, M., Das prozyklische Verhalten der Büomarktakteure—Interessen, Zwäge und möliche Alternativen, Arbeitspapiere zur Gewerbeplanung, Universität Dortmund, Fakultät Raumplanung, Arbeitspapier No. 2, 2000, S. 1-34. (The Pro-cyclical Behavior of Participants in the Office Market—Interests, Constraints and Possible Alternatives, Working papers for trade planning, University of Dortmund, Faculty of Urban Planning, Working paper. No. 2, 2000, 1-34).
  • Grissom, T. and J. R. DeLisle, A Multiple Index Analysis of Real Estate Cycles and Structural Change, Journal of Real Estate Research, 1999, 18:1, 97-129. A Multiple Index Analysis of Real Estate Cycles and Structural Change Journal of Real Estate Research 18 97 129
  • Kummerow, M., A System Dynamics Model of Cyclical Office Oversupply, Journal of Real Estate Research, 18:1, 233-55. A System Dynamics Model of Cyclical Office Oversupply Journal of Real Estate Research 18 233 55
  • Kuznets, S., Secular Movements in Production and Prices, New York, NY: Houghton Mifflin, 1930. Movements in Production and Prices
  • Lucius, D. and F. Iblher, Innovative Financing in Germany—A Financial Desert?, Paper presented at the first conference of the International Real Estate Society, July 25-28, 2001.
  • Mueller, G. R., S. A. Pyhrr and W. L. Born, Introduction, Journal of Real Estate Research, Special Issue on Real Estate Cycles, 1999, 18:1, 3-6. Introduction Journal of Real Estate Research 18 3 6
  • Mueller, G. R. and S. P. Laposa, Evaluating Real Estate Market Cycles Using Cycles Analysis, Paper presented at the American Real Estate Society Annual Meeting, Santa Barbara, CA, April 15, 1995, as cited in by Pyhrr, Roulac and Born (1999).
  • Pyhrr, S. A. and W. L. Born, Real Estate Cycles: The Body of Knowledge, Paper presented at the Annual Meetings of the American Real Estate Society, April 7-10, 1999.
  • Pyhrr, S. A., S. E. Roulac and W. L. Born, Real Estate Cycles and their Strategic Implications for Investors and Portfolio Managers in the Global Economy, Journal of Real Estate Research, 1999, 18:1, 7-68. Real Estate Cycles and their Strategic Implications for Investors and Portfolio Managers in the Global Economy Journal of Real Estate Research 18 7 68
  • Pyhrr, S. A., W. L. Born and J. R. Webb, Development of a Dynamic Investment Strategy under Alternative Inflation Cycle Scenarios, Journal of Real Estate Research, 1990, 5:2, 177-93. Development of a Dynamic Investment Strategy under Alternative Inflation Cycle Scenarios Journal of Real Estate Research 5 177 93
  • Renaud, B., The 1985 to 1994 Global Real Estate Cycle: An Overview, Journal of Real Estate Literature, 1997, 5, 13-44. The 1985 to 1994 Global Real Estate Cycle: An Overview Journal of Real Estate Literature 5 13 44
  • Rottke, N., Immobilienzyklen in Deutschland—Ursachen und empirische Analyse, Diplomarbeit an der European Business School, Oestrich-Winkel, Januar, 2001. (Real Estate Cycles in Germany, Causes and Empirical Analysis, Diploma Thesis at European Business School, Oestrich-Winkel, Germany, January, 2001).
  • Rottke, N. and M. Wernecke, Management im Immobilienzyklus, 16 Folgen, In Immobilien Zeitung, Juni 2001-Januar 2002. (Management in the Real Estate Cycle, In Immobilien Zeitung, June 2001-January 2002, 16 issues).
  • Royal Institution of Chartered Surveyors (RICS), Understanding the Property Cycle, Main Report: Economic Cycles and Property Cycles, London, 1994.
  • Schulte, K-W., Immobilienökonomie—ein innovatives Lehr- und Forschungskonzept!, In K-W. Schulte (Hrsg.) 10 Jahre ebs Immobilienakademie, Festschrift, Frankfurt 2000, S. 36-47 [Real Estate Economics—An Innovative Concept for Theory and Research!, In K-W. Schulte (Ed.), 10 years of ebs Real Estate Academy, Frankfurt, 2000, 36-47].
  • Schulte, K-W., Real Estate Education in Germany, In K-W. Schulte (Ed.) Real Estate Education throughout the world: Past, Present and Future, Boston, 2001, 125-147. Real Estate Education in Germany Real Estate Education throughout the world: Past, Present and Future 125 147
  • Schulte, K-W. and W. Schäfers, Immobilienökonomie als wissenschaftliche Disziplin, In K-W. Schulte (Hrsg.), Immobilienökonomie, Band I, 2. Aufl., Betriebswirtschaftliche Grundlagen, München, 2000, S. 99-115. (Real Estate Economics as an Academic Discipline, In K-W. Schulte (Ed.), Real Estate Economics, Volume I, Second edition, München, 2000, 99-115).
  • Stoken, D., The Great Cycle: Predicting an Profiting from Crowd Behavior, the Kondratieff Wave and Long-Term Cycles, Revised edition, Chicago, IL: Probus Publishing Company, 1993. Predicting an Profiting from Crowd Behavior, the Kondratieff Wave and Long-Term Cycles
  • Wheaton, W. C., Real Estate ‘Cycles’: Some Fundamentals, Real Estate Economics, 1999, 27: 2, 209-30. Real Estate ‘Cycles’: Some Fundamentals Real Estate Economics 27 2 2
  • Wernecke, M. and N. Rottke, Real Estate Cycles and the Management Decision Process— Application Potential and Reality in Germany, European Real Estate Conference, Glasgow, June 2002.

Reprints and Corporate Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

To request a reprint or corporate permissions for this article, please click on the relevant link below:

Order Reprints Request Corporate Permissions

Academic Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

Obtain permissions instantly via Rightslink by clicking on the button below:

Request Academic Permissions

If you are unable to obtain permissions via Rightslink, please complete and submit this Permissions form. For more information, please visit our Permissions help page.

Related research

People also read lists articles that other readers of this article have read.

Recommended articles lists articles that we recommend and is powered by our AI driven recommendation engine.

Cited by lists all citing articles based on Crossref citations.
Articles with the Crossref icon will open in a new tab.