Your browser has javascript turned off or blocked. This will lead to some parts of our website to not work properly or at all. Turn on javascript for best performance.

The browser you are using is not supported by this website. All versions of Internet Explorer are no longer supported, either by us or Microsoft (read more here: https://www.microsoft.com/en-us/microsoft-365/windows/end-of-ie-support).

Please use a modern browser to fully experience our website, such as the newest versions of Edge, Chrome, Firefox or Safari etc.

Bild - Anders Lund Hansen

Anders Lund Hansen

Senior lecturer

Bild - Anders Lund Hansen

Globalization of a commercial property market : the case of Copenhagen

Author

  • Eric Clark
  • Anders Lund Hansen

Summary, in English

The study examines globalization processes in property markets through an empirical investigation into the commercial property market of Greater Copenhagen. The focus is on investment in commercial properties. Globalization of property markets is defined, a framework of analysis presented and methodological problems reported. The analysis reveals a marked increase in the volumes and shares of foreign direct investment in the Copenhagen commercial property market between 1983 and 1995, after which there occurred a marked decrease. The findings also suggest that the greater part of globalization in this case is accounted for by expansionary cross-border regionalization. Furthermore, there are manifestations of change in the stock exchange indicative of increased securitization of the market, facilitating a new round of globalization in the Copenhagen commercial property market. (C) 2000 Elsevier Science Ltd. All rights reserved.

Department/s

  • Department of Human Geography

Publishing year

2000

Language

English

Pages

467-475

Publication/Series

Geoforum

Volume

31

Issue

4

Document type

Journal article

Publisher

Elsevier

Topic

  • Human Geography

Keywords

  • foreign direct investment
  • globalization
  • commercial property market

Status

Published

ISBN/ISSN/Other

  • ISSN: 1872-9398