Development of the Capital Value Index of Commercial Real Estate on the Czech Market

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F46747885%3A24310%2F23%3A00011679" target="_blank" >RIV/46747885:24310/23:00011679 - isvavai.cz</a>

Výsledek na webu

<a href="https://acc-ern.tul.cz/archiv/PDF/ACC_2023_2_05.pdf" target="_blank" >https://acc-ern.tul.cz/archiv/PDF/ACC_2023_2_05.pdf</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.2478/acc-2023-0005" target="_blank" >10.2478/acc-2023-0005</a>

Jazyk výsledku

angličtina

Název v původním jazyce

Development of the Capital Value Index of Commercial Real Estate on the Czech Market

Popis výsledku v původním jazyce

The global financial crisis has shown that property prices can significantly affect the financial sector and the real economy. More multinational investors are active in the commercial real estate market compared to the residential sector, which, according to the European Central Bank, increases the risk of spillover of financial instability from abroad. Although the evolution of commercial property prices may increase the probability of default of firms operating in this sector, detailed analysis is not given more attention, which focuses mainly on residential property. This article analyses the development of the commercial real estate capital value index in Czech Republic. The analysis revealed that, unlike the global economic crisis, the COVID-19 pandemic had a different impact on individual commercial real estate markets.

Název v anglickém jazyce

Development of the Capital Value Index of Commercial Real Estate on the Czech Market

Popis výsledku anglicky

The global financial crisis has shown that property prices can significantly affect the financial sector and the real economy. More multinational investors are active in the commercial real estate market compared to the residential sector, which, according to the European Central Bank, increases the risk of spillover of financial instability from abroad. Although the evolution of commercial property prices may increase the probability of default of firms operating in this sector, detailed analysis is not given more attention, which focuses mainly on residential property. This article analyses the development of the commercial real estate capital value index in Czech Republic. The analysis revealed that, unlike the global economic crisis, the COVID-19 pandemic had a different impact on individual commercial real estate markets.

Druh

J_ost - Ostatní články v recenzovaných periodicích

CEP obor

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OECD FORD obor

50206 - Finance

Projekt

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Návaznosti

S - Specificky vyzkum na vysokych skolach

Rok uplatnění

2023

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název periodika

ACC Journal

ISSN

1803-9782

e-ISSN

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Svazek periodika

—

Číslo periodika v rámci svazku

B

Stát vydavatele periodika

CZ - Česká republika

Počet stran výsledku

8

Strana od-do

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Kód UT WoS článku

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EID výsledku v databázi Scopus

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