Real Estate Econimics – Draw on Modern Theories of rent and urban economics to analyse and explain the patterns in office rents shown in the data sources below.
Sources required:

– William Alonso – Location and Land Use, 1964
– Von Thunen – The Isolated State 1826
– Residual Theory of Land & Bid-Rent Theory, William Alonso
– Central Place Theory & Urban Hierarchy
– Martin Beckmann, 1958, City Hierarchies and the Distribution of City Size
– Miller Geltner, Commercial Real Estate: Analysis and Investment
– Colliers International Data
https://www.colliers.com/en-gb/uk/insights/offices-rents-map

– Use bid rent curves to explain the prices per square foot in relation to the central business district

Graphs made from the information given in Excel are required (show the different pricing levels in London, Birmingham, Bristol, Manchester; correlations between distance from CBD and rent price, further conclusions that can be drawn from the analysis of the different theories).

Real Estate Econimics – Draw on Modern Theories of rent and urban economics to analyse and explain the patterns in office rents shown in the data sources below.
Sources required:

– William Alonso – Location and Land Use, 1964
– Von Thunen – The Isolated State 1826
– Residual Theory of Land & Bid-Rent Theory, William Alonso
– Central Place Theory & Urban Hierarchy
– Martin Beckmann, 1958, City Hierarchies and the Distribution of City Size
– Miller Geltner, Commercial Real Estate: Analysis and Investment
– Colliers International Data
https://www.colliers.com/en-gb/uk/insights/offices-rents-map

– Use bid rent curves to explain the prices per square foot in relation to the central business district

Graphs made from the information given in Excel are required (show the different pricing levels in London, Birmingham, Bristol, Manchester; correlations between distance from CBD and rent price, further conclusions that can be drawn from the analysis of the different theories).