Growth vs. Sustainability: Can Tokyo Have It All?

A strong economy or a stable lifestyle: Which scenario is preferable? I. INTRODUCTION I grew up in the 1950s and 60s when the Japanese economy was experiencing a strong growth. Everybody in Japan believed that tomorrow would be better than today as long as we worked hard. Dr. Ezra Feivel Vogel published a book titled […]

How Risks are Shifted Within the German Real Estate Market

Wall of Equity and Debt The current interest rate environment in the European Union (EU) creates the following situation, which can be described best as a “wall of equity meets a wall of debt”: Real estate projects, which could not have been realized/financed several years ago, are financed today using favorably priced equity, hybrid and/or […]

Water in the West

Driving through my neighborhood in  Southern California, I see a different landscape than when I moved in a little more than a year ago. In my gated community, there once was an almost cult-like grooming of yards with massive green carpets of grass. The homeowners’ association gave out tickets to residents outside the cult who […]

Public Trust: Toward Building a Park and Open Space Legacy

Interest in, and use of, the Public Trust Doctrine has reached unprecedented levels recently in response to the growing threat that urban growth poses for parks and open spaces. The Public Trust Doctrine forces governments holding land assets in trust on behalf of the public to balance their short-term interests against the long-term protection of […]

It’s a “Small World”…with Big Economic Challenges

One need only reflect upon the headlines of late regarding Brexit, Trans-Pacific-Partnership (TPP), Hanjin shipping bankruptcy, and slowing GDP growth to realize that all is not harmonious in the global economy. The common threads that run through these headlines — as well as other noteworthy current events, such as the Syrian refugee crisis and U.S. […]

In the Age of Global Cities, Submarkets Still Matter

The Impact of Submarket Trends on Property Performance   I. Introduction Location matters for how commercial real estate will perform over time. This statement will seem painfully obvious to industry practitioners, who may argue that (aside from timing and luck) location is the only thing that matters. However, in an age where capital flows across […]

The Synergetic Smart City Framework — From Idea to Reality

The underlying goal of this article is to highlight issues in current smart city approaches, find common success factors of established projects and to create a framework based on these findings, which should lay ground for future smart city concepts and research. There are 31,700,000 results on Google if one searches for the keyword pair […]

  • Viktor Weber
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