Browsing by Author "Netzell, Olof"
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Item Can space syntax help us in understanding the intraurban office rent pattern? Accessibility and rents in downtown Stockholm(2008) Enstroem, Rickard; Netzell, OlofThe effect of accessibility upon rent is investigated for office properties located in Downtown Stockholm. Starting from the firm’s cost minimization problem, a translog hedonic model is derived. The results suggest the model has good predictive power in explaining the variation in the log of the rent. A negative rent gradient is obtained with a base approximately 90 m from the postulated focal point. It appears as if Space Syntax adds important information to the understanding of the intraurban office rent pattern.