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Retention rates, reinvestment and depreciation in European office markets
2004
Journal of Property Investment & Finance
The retention rate of a company has an impact on its earnings and dividend growth. Lease structures and performance measurement practice force real estate investment managers to adopt full distribution policies. Does this lead to lower income growth in real estate? This paper examines several European office markets across which the effective retention rates vary. It then compares depreciation rates across these markets. It is concluded that there is evidence of a relationship between retention
doi:10.1108/14635780410538159
fatcat:clveossmnregdjtiaidlxtke7m