Measurement and drivers of time to transact UK commercial real estate investments

Abstract

Measurement and drivers of transaction times: UK commercial real estate• There is a lack of data and analysis on: -How long it takes to buy and sell commercial real estate -How asset, market or counterparty characteristics affect the amount of time that is taken• This is in stark contrast to residential real estate where such questions have been studied since the 1970s• This is despite the fact that uncertainty and variability in the time to transact impact on real estate investment risk