Schriftenreihe/Nr.:
42nd Congress of the European Regional Science Association: "From Industry to Advanced Services - Perspectives of European Metropolitan Regions", August 27th - 31st, 2002, Dortmund, Germany
Zusammenfassung:
Rental levels of office floor space are determined by aspects of the buildings and aspects of the location. In this contribution we focus on the characteristics of locations using a large database of market-transactions. Accessibility proves to have an important impact on price levels. In particular the most expensive locations must have an excellent international accessibility by Air. Empirical results are presented.