eprintid: 4376
rev_number: 6
eprint_status: archive
userid: 1
dir: disk0/00/00/43/76
datestamp: 2023-09-12 11:55:27
lastmod: 2023-09-12 11:55:27
status_changed: 2023-09-12 11:55:27
type: thesis
metadata_visibility: show
sword_depositor: 1
creators_name: Aalderink, Yanniek
creators_id: S4783336
creators_email: y.m.alderink@student.rug.nl
title: Depreciation in the commercial real estate market
ispublished: unpub
full_text_status: public
abstract: This study investigates the depreciation of industrial properties in the Netherlands. By analyzing data provided by Cushman & Wakefield, the study examines the relationship between property age and rental value. We find variations in depreciation rates across different market districts. Additionally, the study emphasizes the significance of incorporating property characteristics to account for the observed heterogeneity in depreciation rates. Less energy efficient buildings report higher depreciation rates compared to sustainable buildings, thereby offering valuable insights into the economic implication of sustainable building practices. The findings can play a vital role in decision-making processes as it impacts investors, occupiers and society.
date: 2023
pages: 48
thesis_type: master
degree_programme: VG
tutors_name: Vlist, A.J. van der
tutors_organization: Fac. Ruimtelijke wetenschappen, Basiseenheid Economische Geografie
tutors_email: A.J.van.der.Vlist@rug.nl
security: public
keywords_local: industrial real estate
keywords_local: hedonic pricing model
keywords_local: depreciation rates
keywords_local: rental value
keywords_local: industrial clustering
language_iso: en
date_issued: 2023-09-06
citation:   Aalderink, Yanniek  (2023) Depreciation in the commercial real estate market.  Master thesis.   
document_url: https://frw.studenttheses.ub.rug.nl/4376/1/Final%20Master%20Thesis%20-%20Yanniek%20Aalderink%20s4783336.pdf