Climate change and commercial property markets

The economic effect of climate hazard events varies by time and by location. This paper investigates how climate shocks to local property markets transmit to capital markets and provides evidence of the extent to which forward‐looking climate risk is capitalized into the public valuations of those p...

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Veröffentlicht in:	Journal of regional science 2024-09, Vol.64 (4), p.1066-1098
Hauptverfasser:	Ling, David C., Robinson, Spenser, Sanderford, Andrew R., Wang, Chongyu
Format:	Artikel
Sprache:	eng
Schlagworte:	Capital markets Climate change Climate effects climate risk Commercial real estate Conditioning Environmental hazards Environmental risk Exposure Investors media attention Portfolios Property Rates of return Real estate retail investors Return on investment Risk assessment sentiment channel Trade Transactions Valuation
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