Determinants of Discount Rates, Capitalisation Rates, and Growth Rates

Hoesli, MartinShmygel, Alona2025-03-172025-03-172025-03-13Hoesli, M & Shmygel, A 2025, 'Determinants of Discount Rates, Capitalisation Rates, and Growth Rates', Journal of Property Investment & Finance, vol. 43, no. 3, pp. 303-319. https://doi.org/10.1108/JPIF-12-2024-01521463-578XORCID: /0000-0003-2173-1200/work/180269459https://hdl.handle.net/2164/25151We thank Nick French (the Editor), Louis Johner (University of Geneva) and two anonymous reviewers for helpful comments.172271123engSDG 8 - Decent Work and Economic GrowthDiscount rateCapitalisation rateNOI growth rateCommercial real estateGateway marketsPanel regressionHF5601 AccountingHF5601Determinants of Discount Rates, Capitalisation Rates, and Growth RatesJournal article10.1108/JPIF-12-2024-0152433