Heuvel, van den. L.E.G. (2016) Effects of retail accessibility on commercial rental dwellings in the Netherlands. Master thesis.
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Abstract
This study investigates the influence of accessibility towards retail facilities on commercial residential rent. This revealed preference study applies a sample of 112,000 retail facilities and 44,160 commercial residential rent transactions. A network dataset measures actual travel distances between these two types of real estate using a Geographic Information System. Categorized retail facilities are used in a hedonic regression model, which result in residential rent discounts and rent premiums per retail category. This translates in attraction and repulsion effects from retail accessibility on residential rent. The most important finding of this study is that dwelling should result in a rent premium if a dwelling located near the fashion facilities, electronic stores supermarkets, media, department stores. Some facilities can result in rent premiums if they are accessible, but result in discounts if they are situated too proximate. This can be concluded for DIY stores.
| Item Type: | Thesis (Master) |
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| Degree programme: | Real Estate Studies |
| Supervisor: | Liu, X. and Vlist, van der. A. |
| Date Deposited: | 23 Apr 2020 05:20 |
| Last Modified: | 23 Apr 2020 05:20 |
| URI: | https://frw.studenttheses.ub.rug.nl/id/eprint/751 |
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