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Determinants of the Occupancy Cost Ratio across retail branches

Haaren, F.R. van (2016) Determinants of the Occupancy Cost Ratio across retail branches. Master thesis.

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Abstract

Publications on retail productivity measures and, in particular, the OCR are limited. This is due to the historically minimal disclosure of confidential tenant sales, and the only recent interest in this ratio. This makes the knowledge of this topic is certainly not widespread. What is apparent in the available studies is that the determinants of the OCR (nor retail occupation costs or tenant-sales) have not been subjected to an analysis across branches while this does contribute to the understanding of the OCR. This research partly builds on those limited publications and adds a specific dimension by involving, alongside the hedonic characteristics, other mall-specific and economic variables that may influence the OCR. It is not clear to what extent these variables exert influence on the relative OCR across retail branches. Overall, this thesis contributes to the existing literature on understanding the determinants of the explained OCR by performing an in-depth analysis.

Item Type: Thesis (Master)
Degree programme: Real Estate Studies
Supervisor: Liu, X. and Nozeman, E.F.
Date Deposited: 23 Apr 2020 05:23
Last Modified: 23 Apr 2020 05:23
URI: https://frw.studenttheses.ub.rug.nl/id/eprint/1046

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